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Sunday, May 10, 2026

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MD · SB2In committee

Investor-Owned Electric, Gas, and Gas and Electric Companies - Cost Recovery - Limitations

Where it is in the process
Plain-English Summary

Prohibiting certain public service companies from recovering through rates any costs associated with paying certain employees a bonus unless the employee has a written contract executed by December 31, 2025, or the employee is covered by a valid collective bargaining agreement; prohibiting a certain public service company from recovering through rates any costs associated with a supervisor's annual compensation once the compensation exceeds a certain amount; etc.

Where Orgs Stand

Restricts how much Maryland electric and gas utility companies can charge ratepayers for executive pay and other expenses.

Cap Ratepayer Charges for Executive Pay. Companion: HB1. Sponsored by Sen. Hester and Del. Crosby.

Source: pirg.orgVerified 2026-05-01
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