§ 7-1007
109 words·~1 min read·
/md/public-utilities/7-1007A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–1007.
(a)An investor–owned electric company may recover all reasonable costs incurred in:
(1)participating in and administering a program under § 7–1005 of this subtitle; and
(2)offering an upfront incentive or rebate under § 7–1006 of this subtitle.
(b)To the extent feasible, the costs listed in subsection
(a)of this section shall be recovered by the investor–owned electric company within the calendar year in which those costs were incurred.
(c)Notwithstanding any provision of this subtitle, an investor–owned electric company may pursue and use a performance incentive mechanism to cover the cost of using distributed energy resources or an aggregator of distributed resources under this subtitle.