Maryland § 7-526
Full text of Maryland Maryland Code § 7-526, with citation guidance and answers to common questions.
§ 7-526.
(a) An electric company may apply to the Commission for a qualified rate order for the financing and recovery of its rate stabilization costs.
(b) On application of an electric company, the Commission may adopt a qualified rate order if the Commission finds that the total amount of revenue to be collected under the qualified rate order is less than the rate stabilization costs revenue that would be recovered over the same period using the electric company’s weighted average cost of capital.
(c) The rate stabilization costs to be financed and recovered under a qualified rate order may be reduced by funds contributed from other sources.
Frequently Asked Questions About Maryland § 7-526
What does Maryland Code § 7-526 cover?
Section 7-526 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 § 7-526?
A common citation format is "Maryland Code § 7-526" (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 § 7-526 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.