Sep
26

Electric Extortion

A Maryland Public Service Commission law designed to promote energy conservation is being redesigned. The law originally allowed public utilities to charge rate-payers a surcharge whenever electricity use fell short. The unintended consequence, utilities had less incentive to quickly restore power after storms. Imagine that! Now, the MPSC will only allow the surcharge for 24 hours after a storm. If utilities want weather insurance, they should buy it.

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