Read the full stored bill text
EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
*sb0270*
SENATE BILL 270
C5, M5 6lr2333
SB 675/25 – EEE CF HB 674
By: Senators Carozza, Brooks, Gallion, Harris, Hershey, Hester, Simonaire,
Watson, and West
Introduced and read first time: January 19, 2026
Assigned to: Education, Energy, and the Environment
Committee Report: Favorable with amendments
Senate action: Adopted
Read second time: March 2, 2026
CHAPTER ______
AN ACT concerning 1
Public Service Commission – Full Costs and Benefits Analysis of Sources of 2
Electricity Generation 3
FOR the purpose of requiring the Public Service Commission to conduct an analysis of the 4
full costs and benefits of sources of electricity generation in the State; and generally 5
relating to a study on electricity generation. 6
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 7
That: 8
(a) In this section, “Levelized Full System Cost of Electricity” means a formula 9
that: 10
(1) calculates the costs of serving the entire State electricity market using 11
only one energy source plus energy storage; and 12
(2) uses the following inputs: 13
(i) capital costs of the generating facility; 14
(ii) distribution system costs; 15
(iii) maintenance and operating costs; 16
2 SENATE BILL 270
(iv) the cost of capital; 1
(v) capacity factors; 2
(vi) ramping up and down times; and 3
(vii) the annual electricity demand by hour in the target market. 4
(b) The Public Service Commission shall conduct a full costs and benefits analysis 5
of sources of electricity generation in the State. 6
(b) (c) The analysis shall: 7
(1) identify the costs of electricity to ratepayers assuming that the State 8
electricity market is served by the following generation mixes: 9
(i) natural gas energy at its current capacity; 10
(ii) nuclear energy at its current capacity; and 11
(iii) 8,500 megawatts of offshore wind energy capacity; 12
(iv) solar energy at its current capacity; and 13
(v) energy storage at its current capacity; 14
(2) include the additional costs of electricity generation necessary to offset 15
reliability issues and the intermittency of offshore wind energy and solar energy; 16
(3) use the Levelized Full System Cost of Electricity model to analyze the 17
costs of meeting the State’s electricity needs from: 18
(i) only natural gas energy and energy storage; 19
(ii) only nuclear energy and energy storage; and 20
(iii) only offshore wind energy and energy storage; and 21
(iv) only solar energy and energy storage; 22
(4) identify the costs for natural gas energy, nuclear energy, and offshore 23
wind energy , and solar energy if energy storage is available to offset reliability and 24
intermittency issues; and 25
(5) include recommended policy changes to support the development of the 26
energy sources with the lowest costs and greatest benefits to the ratepayers of the State. 27
SENATE BILL 270 3
(c) (d) On or before December 1, 2027, the Public Service Commission shall report its 1
findings and recommendations to the Senate Committee on Education, Energy, and the 2
Environment and the House Environment and Transportation Committee, in accordance 3
with § 2–1257 of the State Government Article. 4
SECTION 2. AND BE IT FURT HER ENACTED, That this Act shall take effect 5
October 1, 2026. 6
Approved:
________________________________________________________________________________
Governor.
________________________________________________________________________________
President of the Senate.
________________________________________________________________________________
Speaker of the House of Delegates.