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Maryland Public Service Commission Issues Order on Price Caps for Residential Electricity and Gas

Strategic Insights

— 1 min read

The Maryland Public Service Commission has issued a document outlining the implementation of price caps for residential electric and gas retail supply, specifically targeting Potomac Electric Power Company and Delmarva Power & Light Company. As part of this order, the companies have provided digital spreadsheets with calculations and historical trailing 12-month average Standard Offer Service (SOS) rates for Residential Service Schedule "R". These rates will be accessible on the companies' websites, making it easier for retail suppliers to access the information.

Key Takeaways:

  • The Maryland Public Service Commission has issued Order No. 91562, outlining the implementation of price caps for residential electric and gas retail supply.
  • Potomac Electric Power Company and Delmarva Power & Light Company have provided digital spreadsheets with calculations and historical trailing 12-month average Standard Offer Service (SOS) rates for Residential Service Schedule "R".
  • These rates will be accessible on the companies' websites, under the header 12-Month Trailing Average Rate (Maryland).
  • The companies will post their rolling average rates on their Rates & Tariff webpage, a prominent location on their websites that retail suppliers can easily access.
  • The document is addressed to Andrew S. Johnston, Executive Secretary of the Maryland Public Service Commission, and is copied to all parties of record.
  • The companies have unlocked the digital spreadsheets directly to Commission Staff and the Office of People's Counsel.
  • The filing is in response to Order No. 91562 issued on March 13, 2025, by the Maryland Public Service Commission.

Statistics:

  • March 13, 2025: Date of Order No. 91562 issued by the Maryland Public Service Commission.
  • June 6, 2025: Date of the filing document submitted by Potomac Electric Power Company and Delmarva Power & Light Company to the Maryland Public Service Commission.
  • 12-month: The timeframe considered for the trailing average Standard Offer Service (SOS) rates.
  • SOS: Standard Offer Service rates, which are used as a benchmark for retail suppliers.

Sources:

  • [1] Order No. 91562, issued by the Maryland Public Service Commission on March 13, 2025.
  • [2] Document submission by Potomac Electric Power Company and Delmarva Power & Light Company on June 6, 2025.

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