MD SB850

Energy efficiency and demand response programs developed by electric and gas companies must include demonstrable bill savings to residential customers as a condition for Public Service Commission approval

The deadline for eliminating unpaid and unamortized costs from legacy energy efficiency programs (dating back to 2008) is extended from December 31, 2032 to December 31, 2040

The Public Service Commission must establish caps or limits on assessments charged to residential customers by July 1, 2027 to reduce costs

Programs must use demand reduction or other cost containment mechanisms to reduce energy consumption and lower residential customer bills

The Commission must report to the General Assembly on implementation by July 1, 2027, with the Act taking effect October 1, 2026