House committee seeks to boost electricity competition
The House Economic Matters Committee is moving toward legislation intended to boost electricity market competition, rather than pursuing the O’Malley administration’s plan to re-regulate the state’s electric supply industry, a proposal the committee stymied earlier this year.
The committee met Tuesday with representatives of the state’s electric supply industry. The alternative suppliers are offering lower power rates to lure customers away from the utilities that have traditionally sold them power, but say they could use help from the state.
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