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Session Laws, 1999
Volume 796, Page 17   View pdf image
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(9) (i) If the estimate is changed, the Commission shall send a revised
bill to each public service company that has elected to make partial payments.

(ii) The change shall be apportioned equally against the remaining
payments for the fiscal year.

(10) (i) On or before September 15th of each year, the Chairman shall
compute the actual costs and expenses of the Commission for the preceding fiscal year

(ii) After deducting the amounts recovered under § 2-111(a) of this
subtitle, on or before October 15th, the Chairman shall send to any public service
company that is affected a statement that shows the amount due or the amount to the
credit of the public service company.

(11) (i) A public service company shall pay an amount due within 30
days after the statement is received.

(ii) At the option of the public service company, an amount to the
credit of a public service company shall be refunded or applied against any succeeding
payment due.

(12) The total amount that may be charged to a public service company
under this section for a State fiscal year may not exceed:

(i) 0.17% of the public service company's gross operating revenues
derived from intrastate utility AND ELECTRICITY SUPPLIER'S operations in the
preceding calendar year, or other 12-month period that the Chairman determines, for
the costs and expenses of the Commission other than that of the Office of People's
Counsel; plus

(ii) 0.05% of those revenues for the costs and expenses of the Office of
People's Counsel.

[(c)] (D) (1) Within 30 days after the Commission issues a bill under
subsection [(b)] (C) of this section, the party billed may request a hearing as to the
amount of the bill.

(2) Any amount of a bill that is not paid within 30 days after the date of
determination on a hearing or, if a hearing is not requested, on the date when payment
is due, shall bear annual interest at a rate, not less than 6%, that the Commission sets
by regulation.

2-118.

(a) This section does not apply to taxicabs, power boat companies, toll bridges,
or towing and lightering companies.

(b) The Commission shall require each public service company subject to its
jurisdiction to formulate and, after approval by the Commission, to implement
long-range plans to provide REGULATED service.

(c) The Commission shall require each electric company in the State to include
in the long-range plan adequate, COST-EFFECTIVE provisions to promote energy


 

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Session Laws, 1999
Volume 796, Page 17   View pdf image
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