The Maryland Electric Customer Choice and Competition Act of 1999 restructures the State s electric utility industry to allow electric customers to shop for the best combination of price and services among various energy suppliers. To create the competitive market for electric generation in Maryland, the traditional local electric utilities are either transferring their electric generation assets to unregulated subsidiaries or selling the assets to other unaffiliated companies. Following the end of the multi-year transition period, however, electric generation will no longer be subject to price regulation.
Electric suppliers can generate and sell directly to end-use customers.
Power purchased from electric suppliers, regardless of source, will continue to be delivered to customers by the distribution utilities. The transmission and distribution of electricity will continue to be regulated monopoly functions, and hence will continue to be subject to price regulation.