Maryland § 7-1007
Full text of Maryland Maryland Code § 7-1007, with citation guidance and answers to common questions.
§ 7-1007.
(a) An investor–owned electric company may recover all reasonable costs incurred in:
(1) participating in and administering a program under § 7–1005 of this subtitle; and
(2) offering an upfront incentive or rebate under § 7–1006 of this subtitle.
(b) To the extent feasible, the costs listed in subsection (a) of this section shall be recovered by the investor–owned electric company within the calendar year in which those costs were incurred.
(c) Notwithstanding any provision of this subtitle, an investor–owned electric company may pursue and use a performance incentive mechanism to cover the cost of using distributed energy resources or an aggregator of distributed resources under this subtitle.
Frequently Asked Questions About Maryland § 7-1007
What does Maryland Code § 7-1007 cover?
Section 7-1007 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 7-1007?
A common citation format is "Maryland Code § 7-1007" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 7-1007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.