Chapter 05. Price
Regulation .01 Public Notice of Price.LinkCopy Citation
Upon completion of the electric supply procurement process under COMAR 20.52.04, a utility shall:
A.
Explain the methodology used to calculate the price for electric service under this subtitle;
B.
Calculate the price for each type of electric service offered to a customer under this subtitle;
C.
File tariffs with the Commission containing the methods of calculating the price for each service authorized by this subtitle at least 30 days, and if possible 2 months, before the effective date of the tariffs;
D.
Provide affected customers at least 30 days notice, and if possible 2 months notice, of new prices for electric service under this subtitle; and
E.
Post on the utility's internet website, the actual price payable each month for each service offered under this subtitle.
Regulation .02 Calculation of Prices.LinkCopy Citation
A.
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:
(1)
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;
(2)
Retail charges designed to recover, on an aggregate basis, FERC-approved transmission charges and any other PJM charges and costs incurred by the utility;
(3)
An administrative charge, including other costs and return or profit; and
(4)
Applicable taxes.
B.
The Commission may approve adjustments or reconciliation of a price component under §A of this regulation.
Chapter annotations
Authority: Public Utilities Article, §§2-113, 2-121, 5-101, and 7-510, Annotated Code of Maryland
History: Effective date: June 7, 2004 (31:11 Md. R. 857)