MD SB951

Investor-owned electric companies in Maryland would be authorized to construct, acquire, lease, and operate their own generating facilities and transmission facilities necessary to interconnect with the electric system

Removes the requirement for Public Service Commission approval before investor-owned utilities can build or acquire generating and transmission facilities

Public Service Commission retains authority to require (but no longer "allow") utilities to build facilities when necessary to meet long-term anticipated demand for standard offer service, subject to appropriate cost recovery

Amends Section 7-510(c)(6) of the Public Utilities Article in the Annotated Code of Maryland

Effective date: October 1, 2025