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Commission Files Notice Convening A Public Conference And Request For Comments In One Big Beautiful Bill Act Of 2025
From Notice:
[ *** ] With the passage of H.R. 1, 119th Congress (2025-2026), otherwise known as the “One Big Beautiful Bill Act of 2025 (“OBBBA”)” which was signed into law by President Trump on July 4, 2025, generation development in Maryland may be impacted by the loss of certain federal tax credits in 2026 and 2027. In addition, although battery energy storage project tax credits do not start to expire until 2033, they may be impacted by foreign entities of concern (FEOC) provisions that lay out strict limits on the allowable percentage of foreign-supplied components that shift from year to year starting in 2026 through 2030 that may impact tax credits. President Trump also issued a subsequent executive order for the Secretary of the Treasury to within 45 days of issuance of the executive order take action to enforce termination of the federal tax credits which could include impacts to safe harbor provisions. The combined effect of these OBBBA provisions and executive order may be especially impactful to solar, wind, and energy storage development.
The Commission wants to better understand if there are concerns with existing regulatory or utility requirements or procedures that are, or may hinder, development of projects in a timely fashion, such that the financing for such projects could be impacted by the change in federal law. The following problem statements are proposed to assess if there are concerns that could or should be addressed in the short term. The Commission will also entertain recommendations for long-term improvements to help ensure increased clean, renewable generation development in Maryland. All comments and proposals should ensure that appropriate safeguards and study requirements remain in place to ensure a safe and reliable grid as projects are interconnected.
Accordingly, the Commission initiates Public Conference (“PC 73”) for the use of collecting data for the problem statements. Additionally, the Commission hereby directs Staff and interested parties to answer the attached questions by August 18, 2025. Comments must be e-Filed using the Commission’s e-File system, include “PC 73” in the subject line, and be addressed to Andrew S. Johnston, Executive Secretary, Maryland Public Service Commission, William Donald Schaefer Tower, 6 St. Paul Street, 16th Floor, Baltimore, Maryland, 21202.
Notice (07/29/2025)
PC73 (07/29/2025)
(One Big Beautiful Bill Act of 2025)
