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Ch. 23 2006 LAWS OF MARYLAND
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(1) PROCEEDS FROM THE SALE OF ALLOWANCES UNDER § 2-1002(E)(2)
OF THE ENVIRONMENT ARTICLE THE REGIONAL GREENHOUSE GAS INITIATIVE;
(2) CRIMINAL FINES AND CIVIL PENALTIES IMPOSED UNDER TITLE 2,
SUBTITLE 10 OF THE ENVIRONMENT ARTICLE;
(3) MONEY APPROPRIATED IN THE STATE BUDGET TO THE FUND; AND
(4) ANY OTHER MONEY FROM ANY OTHER SOURCE ACCEPTED FOR THE
BENEFIT OF THE FUND.
(E) THE FUND MAY BE USED ONLY:
(E) TO IMPLEMENT STANDARDS AND TO PROVIDE INCENTIVES TO
CONSUMERS SO THAT ENERGY EFFICIENT PRODUCTS AND SERVICES THAT ARE NOT
BROADLY AVAILABLE AND USED BY STATE CONSUMERS BECOME STANDARD
PRODUCT OFFERINGS;
(2) TO CAPTURE OPPORTUNITIES OTHERWISE LOST FOR
COST EFFECTIVE ENERGY EFFICIENT DESIGNS, MATERIALS, AND EQUIPMENT
WHEN HOMES AND BUILDINGS ARE BUILT, REMODELED, OR RENOVATED, AND WHEN
EQUIPMENT IS REPLACED;
(3) TO REDUCE PEAK DEMAND FOR ELECTRICITY AND IMPROVE
SERVICE RELIABILITY FOR ALL CUSTOMERS THROUGH ENERGY EFFICIENCY
MEASURES THAT ARE ESPECIALLY EFFECTIVE AT REDUCING PEAK SYSTEM
DEMANDS; AND
(4) TO ENSURE THAT LOW INCOME CUSTOMERS CAN FULLY
PARTICIPATE IN OPPORTUNITIES TO SAVE ELECTRICITY AND REDUCE THEIR
ELECTRICITY COSTS; AND
(5) TO INCREASE THE DEVELOPMENT AND PRODUCTION OF
ELECTRICITY FROM TIER 1 RENEWABLE ENERGY SOURCES IN THE STATE AS
DEFINED IN § 7 701 OF THE PUBLIC UTILITY COMPANIES ARTICLE.
SECTION 2. AND BE IT FURTHER ENACTED. That:
(a) The Department of the Environment shall contract with an academic
institution in the State for a study of whether there will be an adverse impact on the
State economy, the reliability of the State's energy supply, and the cost of energy for
consumers as a result of the State's entry into and continued participation in the
Regional Greenhouse Gas Initiative among mid-atlantic and northeast states.
(b) The study shall:
(1) evaluate whether the State's participation in the Regional Greenhouse
Gas Initiative has or may have an adverse impact on:
(i) the preservation and enhancement of the economic welfare of the
residents of the State;
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