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SB 598

Maryland - Session 2026

Senate introduced 2026-04-04
Bill Details

Title: Electric Companies - Cost Containment Plans - Requirement (Securing Affordable, Valuable Investments in Next Generation Grid Solutions) (SAVINGS Act)

Summary

Requiring electric companies to submit to the Public Service Commission cost containment plans for electric distribution and transmission system planning on or before January 1, 2027, and every 3 years thereafter; requiring the plans to combine to reduce peak electric system loads in a certain manner; and requiring electric companies to submit certain progress reports on the implementation of the plan.

Sponsor
Senator Hester
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-02-05 Introduced Bill introduced
2026-02-05 Status introduced
2026-04-04 Latest Action In the Senate - Hearing 3/05 at 1:00 p.m.