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Ch. 5 2006 LAWS OF MARYLAND
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(5) AS DETERMINED BY THE OFFICE OF HOME ENERGY PROGRAMS, BILL
ASSISTANCE PAYMENTS TO AN ELECTRIC COMPANY MAY BE ON A MONTHLY BASIS
FOR EACH CUSTOMER
(6) The Commission shall determine the allocation of the electric
universal service charge among the generation, transmission, and distribution rate
components of all classes.
[(6)] (7) The Commission may not assess the electric universal service
surcharge on a per kilowatt-hour basis.
(e) The total amount of funds to be collected for the electric universal service
program each year shall be [$34,000,000] $37 MILLION, allocated in the following
manner:
(1) [$24.4] $27.4 million shall be collected from the industrial and
commercial classes; and
(2) $9.6 million shall be collected from the residential class.
7-513.
(F) THIS SECTION DOES NOT APPLY TO RATE STABILIZATION COSTS
ESTABLISHED OR QUALIFIED RATE ORDERS ISSUED UNDER PART III OR PART IV OF
THIS SUBTITLE.
7-519. RESERVED.
PART III. RATE STABILIZATION.
7-520.
(A) IN THIS PART THE FOLLOWING WORDS HAVE THE MEANINGS INDICATED.
(B) "ASSIGNEE" MEANS ANY INDIVIDUAL, CORPORATION, OR OTHER LEGALLY
RECOGNIZED ENTITY TO WHICH AN ELECTRIC COMPANY TRANSFERS ALL OR A
PORTION OF ITS INTEREST IN RATE STABILIZATION PROPERTY, OTHER THAN AS
SECURITY, INCLUDING ANY ASSIGNEE OF THAT PARTY.
(C) (1) "FINANCING PARTY" MEANS A HOLDER OF RATE STABILIZATION
BONDS.
(2) "FINANCING PARTY" INCLUDES A TRUSTEE, COLLATERAL AGENT,
AND ANY OTHER PERSON ACTING FOR THE BENEFIT OF THE HOLDER
(D) "QUALIFIED RATE ORDER" MEANS AN ORDER OF THE COMMISSION
APPROVING ONE OR MORE QUALIFIED RATE STABILIZATION CHARGES.
(E) "QUALIFIED RATE STABILIZATION CHARGE" MEANS THAT PORTION OF A
USAGE-BASED NONBYPASSABLE RATE, CHARGE, OR SIMILAR APPROPRIATE
MECHANISM FOR THE PROVISION, AVAILABILITY, OR TERMINATION OF ELECTRIC
SERVICE, APPROVED IN CONNECTION WITH A RATE STABILIZATION PLAN IN
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