<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".02" citation="COMAR 20.52.05.02" title_num="20" subtitle_num="52" chapter_num="05" heading="Calculation of Prices.">
  <paragraph num="A.">
    <text>For service periods stated in COMAR 20.52.02, retail prices for each service other than HPS under this subtitle shall consist of the sum of the following components:</text>
    <paragraph num="(1)">
      <text>The seasonally differentiated and, if applicable, the time-of-use differentiated load weighted average of all awarded electric supply prices for specific services in each year;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Retail charges designed to recover, on an aggregate basis, FERC-approved transmission charges and any other PJM charges and costs incurred by the utility;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>An administrative charge, including other costs and return or profit; and</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Applicable taxes.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>The Commission may approve adjustments or reconciliation of a price component under §A of this regulation.</text>
  </paragraph>
</regulation>