MD HB1561

Public Service Commission must require electric companies to submit resource adequacy plans within 270 days if the Commission determines there is insufficient resource adequacy in Maryland or a price stability event has occurred in the PJM capacity market

Investor-owned electric companies authorized to construct or acquire generating facilities may recover all prudently incurred costs plus a reasonable return, including acquisition, construction, operation, maintenance, taxes, fuel, and any stranded investment costs

Commission orders requiring investor-owned utilities to build generating facilities exceeding 2 megawatts cannot take effect until a premier credit rating agency confirms the order is not likely to be credit negative for the company

Front-of-the-meter energy storage projects must participate in the PJM capacity market at full capability to maximize revenues, with wholesale market revenue offset against Commission-approved pricing schedules and refunded to distribution customers

Commission must propose implementing regulations by October 31, 2026, with the Act taking effect October 1, 2026