MD SB749

Defines "residential retail customer" as individuals purchasing electricity or gas for use at a domicile, explicitly excluding business accounts that are merely classified as residential by utility companies

Changes pricing requirements for residential electricity suppliers by removing the "trailing 12-month average" calculation, allowing suppliers to price electricity up to the electric company's standard offer service rate as of the customer agreement date

Authorizes residential electricity suppliers to use consolidated billing for customer accounts

Removes the requirement for the Public Service Commission to consider the state in which electricity was generated when approving green power pricing

Takes effect October 1, 2026