Maryland 2025 Regular Session

Maryland House Bill HB1149 Latest Draft

Bill / Introduced Version Filed 02/06/2025

                             
 
EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. 
        [Brackets] indicate matter deleted from existing law. 
          *hb1149*  
  
HOUSE BILL 1149 
C5, M5   	5lr2818 
    	CF SB 675 
By: Delegate Adams 
Introduced and read first time: February 6, 2025 
Assigned to: Economic Matters 
 
A BILL ENTITLED 
 
AN ACT concerning 1 
 
Public Service Commission – Full Costs and Benefits Analysis of Sources of 2 
Electricity Generation 3 
 
FOR the purpose of requiring the Public Service Commission to conduct an analysis of the 4 
full costs and benefits of sources of electricity generation in the State; and generally 5 
relating to a study on electricity generation. 6 
 
 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 7 
That: 8 
 
 (a) The Public Service Commission shall conduct a full costs and benefits analysis 9 
of sources of electricity generation in the State. 10 
 
 (b) The analysis shall: 11 
 
 (1) identify the costs of electricity to ratepayers assuming that the State 12 
electricity market is served by the following generation mixes: 13 
 
 (i) natural gas energy at its current capacity; 14 
 
 (ii) nuclear energy at its current capacity; and 15 
 
 (iii) 8,500 megawatts of offshore wind energy capacity; 16 
 
 (2) include the additional costs of electricity generation necessary to offset 17 
reliability issues and the intermittency of offshore wind energy; 18 
 
 (3) use the Levelized Full System Cost of Electricity model to analyze the 19 
costs of meeting the State’s electricity needs from: 20 
 
 (i) only natural gas energy and energy storage; 21  2 	HOUSE BILL 1149  
 
 
 
 (ii) only nuclear energy and energy storage; and 1 
 
 (iii) only offshore wind energy and energy storage; 2 
 
 (4) identify the costs for natural gas, nuclear, and offshore wind if energy 3 
storage is available to offset reliability and intermittency issues; and 4 
 
 (5) include recommended policy changes to support the development of the 5 
energy sources with the lowest costs and greatest benefits to the ratepayers of the State. 6 
 
 (c) On or before December 1, 2026, the Public Service Commission shall report its 7 
findings and recommendations to the Senate Committee on Education, Energy, and the 8 
Environment and the House Economic Matters Committee, in accordance with § 2–1257 of 9 
the State Government Article. 10 
 
 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 11 
October 1, 2025. 12