ROBERT L. EHRLICH, JR., Governor                           H.B. 391

(ii) After deducting the amounts recovered under §§ 2-111(a) and
2-123 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) An amount to the credit of a public service company shall be
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.

2-118.

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

(1)     TAXICABS;

(2)      POWERBOAT COMPANIES;

(3)      TOLL BRIDGES;

(4)      TOWING AND LIGHTERING COMPANIES; OR

(5)      SMALL RURAL ELECTRIC COOPERATIVES DESCRIBED IN § 7-502(A) OF
THIS ARTICLE.

(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
conservation to decrease or moderate electric and, as appropriate, natural gas
demand for regulated service from customers.

(d)     (1) The Commission shall review each plan for adequacy under the
criteria of § 2-113 of this subtitle, giving attention to the interrelationship of services
of other public service companies and to provisions for research and development to
ensure adequate service.

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