MD HB1149

Public Service Commission must conduct a full costs and benefits analysis of electricity generation sources in Maryland

Analysis must compare ratepayer costs for a generation mix including natural gas at current capacity, nuclear at current capacity, and 8,500 megawatts of offshore wind capacity

Levelized Full System Cost of Electricity model must be used to analyze costs of meeting state electricity needs from three scenarios: natural gas only, nuclear only, and offshore wind only (each with energy storage)

Analysis must account for additional costs needed to offset reliability issues and intermittency of offshore wind energy

Report with findings and policy recommendations due to the General Assembly by December 1, 2026; effective date October 1, 2025