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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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PUBLIC UTILITIES |
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DIVISION I. PUBLIC SERVICES AND UTILITIES |
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TITLE 4. RATE REGULATION |
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SUBTITLE 2. RATE SETTING PROCEEDINGS |
§ 4-209. Allocation of costs of relocating utilities underground
Latest version.
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(a) Apportionment of net capital costs. -- With respect to the net capital costs associated with the relocation underground of utility lines and facilities in connection with projects required by § 8-401 of the Land Use Article, the Commission shall:
(1) set the amount of the monthly surcharge required to support the costs and determine which customers of the applicable utility are subject to the surcharge;
(2) include in the rate base the related net capital costs; or
(3) adopt another method to apportion the costs appropriately.
(b) Limitation on costs to utility. -- A utility may not be required to pay more than 50% of the net capital costs of a relocation project.
(c) Local government appropriations. -- A county or municipal corporation may appropriate money for a relocation project from appropriate federal, State, and local funds it receives for this purpose.