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Commission Clarifies Residential Green Pricing Requirements
The Maryland PSC issued a clarifying order in its proceeding on implementation of the green product pricing requirements of the market-wrecking SB1. The order states the MDPSC: (1) interprets SB1 to encourage procurement of verifiable RECs within PJM markets; (2) restates and further clarifies that all retail electric suppliers are directed to retire all RECs comprising an approved green product into a PJM tracking system accessible by the MDPSC; (3) removes the language, “The remaining [Y]% of RECs are [the specific product being marketed],” from the required marketing disclosure language; and (4) directs suppliers to participate and provide evidence in the next annual price-setting proceeding if they wish to make the case for green pricing higher than the established baseline.
