Unannotated Code of Maryland (Last Updated: May 16, 2014) |
PUBLIC UTILITIES |
DIVISION I. PUBLIC SERVICES AND UTILITIES |
TITLE 7. GAS, ELECTRIC, AND WATER COMPANIES |
SUBTITLE 5. ELECTRIC INDUSTRY RESTRUCTURING |
PART II. ELECTRIC INDUSTRY RESTRUCTURING ENABLED |
§ 7-504. Purpose of subtitle
Latest version.
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The General Assembly finds and declares that the purpose of this subtitle is to:
(1) establish customer choice of electricity supply and electricity supply services;
(2) create competitive retail electricity supply and electricity supply services markets;
(3) deregulate the generation, supply, and pricing of electricity;
(4) provide economic benefits for all customer classes; and
(5) ensure compliance with federal and State environmental standards.