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2007 Laws of Maryland
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Ch. 119
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(3) lower the cost to consumers of electricity produced from these
resources.
(b) The General Assembly finds that:
(1) the benefits of electricity from renewable energy resources,
including long-term decreased emissions, a healthier environment, increased energy
security, and decreased reliance on and vulnerability from imported energy sources,
accrue to the public at large; and
(2) electricity suppliers and consumers share an obligation to develop
a minimum level of these resources in the electricity supply portfolio of the State.
7-703.
(a) (1) (i) The Commission shall implement a renewable energy
portfolio standard:
A. from Tier 1 and Tier 2 renewable sources
that, except as provided under paragraph (2) of this subsection, applies to all retail
electricity sales in the State by electricity suppliers; AND
B. from tier 3 renewable sources that
applies to only electric companies whose rates are regulated by
the Commission.
(ii) If the standard becomes applicable to electricity sold to a
customer after the start of a calendar year, the standard does not apply to electricity
sold to the customer during that portion of the year before the standard became
applicable.
(2) A renewable energy portfolio standard may not apply to electricity
sales at retail by any electricity supplier:
(i) in excess of 300,000,000 kilowatt hours of industrial process
lead to a single customer in a year;
(ii) a residential customers in a region of the State in which
electricity prices for residential customers are subject to a freeze or cap contained in a
settlement agreement entered into under § 7-505 of this title until the freeze or cap
has expired; or
(iii) to a customer served by an electric cooperative under an
electricity supplier purchase agreement that existed on October 1, 2001, until the
expiration of the agreement.
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-1102 -
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