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<chapter num="05" heading="Price" title_num="20" subtitle_num="52">
  <regulation prefix="Regulation" num=".01" heading="Public Notice of Price.">
    <text>Upon completion of the electric supply procurement process under COMAR 20.52.04, a utility shall:</text>
    <paragraph num="A.">
      <text>Explain the methodology used to calculate the price for electric service under this subtitle;</text>
    </paragraph>
    <paragraph num="B.">
      <text>Calculate the price for each type of electric service offered to a customer under this subtitle;</text>
    </paragraph>
    <paragraph num="C.">
      <text>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;</text>
    </paragraph>
    <paragraph num="D.">
      <text>Provide affected customers at least 30 days notice, and if possible 2 months notice, of new prices for electric service under this subtitle; and</text>
    </paragraph>
    <paragraph num="E.">
      <text>Post on the utility's internet website, the actual price payable each month for each service offered under this subtitle.</text>
    </paragraph>
  </regulation>
  <regulation prefix="Regulation" num=".02" 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>
  <annotations>
    <annotation type="Authority">Public Utilities Article, §§2-113, 2-121, 5-101, and 7-510, Annotated Code of Maryland</annotation>
    <annotation type="History" subtype="Administrative History">Effective date: June 7, 2004 (31:11 Md. R. 857)</annotation>
  </annotations>
</chapter>