Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Public Service Commission cites one‑time rate credits for FY27 drop, chair warns 'phantom' data‑center forecasts are driving costs
Summary
Analysts told the subcommittee PSC's FY27 allowance falls largely because $100 million in one‑time residential bill credits provided in FY26 are not included in FY27; PSC chair Kumar Barbay urged adding specialized staff to challenge PJM/FERC rules and fix overcounting of proposed data centers that he said inflate capacity costs.
The Maryland Public Service Commission’s fiscal 2027 operating allowance drops to roughly $132.3 million, a $97.5 million (42.4%) decrease from fiscal 2026, because the budget excludes one‑time residential electric bill credits that totaled $200 million last year, Department of Legislative Services analyst Suveksha Bujail told the Education, Business and Administration Subcommittee.
DLS said the full $200 million in FY26 was funded through alternative compliance payments in the Strategic Energy Investment Fund and that chapter 6 26 of 2025 required half of that funding be distributed during a peak summer month and half during a peak winter month. The fiscal 2027 allowance…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
