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Repeal of STRIDE prompts clash over safety, rates and pace of pipe replacement
Summary
Delegate Dylan Baylor's HB 12-53 would repeal Maryland's STRIDE accelerated cost-recovery for gas-infrastructure replacement. Consumer advocates and cities urged repeal citing rising delivery rates; utilities, PHMSA officials and unions warned repeal would slow removal of leak-prone materials and reduce safety.
Delegate Dylan Baylor asked the committee to repeal the STRIDE accelerated gas-infrastructure cost-recovery mechanism with HB 12-53, arguing it has driven sustained rate increases and accelerated utility profits while reducing PSC oversight.
"STRIDE would return to a well-tested form of financing," Baylor said, arguing that the General Assembly should remove incentives that encourage accelerated capital recovery and…
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