Maryland Ends Its Multi-Year Utility Rate Pilot. Refunds Are Not Automatic

The October 1 order criticizes unachieved benefits. It does not end every future forecast-based rate proposal or award a household refund.

By Kseniya Dzigava · October 2, 2026
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The pilot ends after a lessons-learned review

Maryland's Public Service Commission ended its current multi-year rate-plan pilot October 1 after a lessons-learned review. The Office of People's Counsel says the order found intended goals largely unachieved and insufficient demonstrations of customer benefits from utility capital spending.

The framework set rates using projected projects and spending rather than only proven actual investments. The consumer-advocacy office says the review found increased complexity and administrative burdens, while predictable utility revenue did not make customer rates equally predictable.

A rate-policy ruling is not a refund notice

The decision concerns the pilot used by BGE, Pepco and Delmarva under the described framework. It is not a statement that every existing charge has been canceled or that each customer receives a refund. A change in ratemaking policy and an individual bill adjustment are separate outcomes.

The bulletin says alternative-ratemaking evaluation continues under the Utility RELIEF Act, including a report due April 1, 2027 and further work-group recommendations. Future forecast-based approaches are not categorically ended by this order. Customers should read any actual utility billing notice rather than treat the pilot's sunset as a fixed savings promise. The regulator's current order and official consumer-office explanation ground the change.

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