Maryland § 7-708
Full text of Maryland Maryland Code § 7-708, with citation guidance and answers to common questions.
§ 7-708.
(a) (1) The Commission shall establish and maintain a market-based renewable electricity trading system to facilitate the creation and transfer of renewable energy credits.
(2) To the extent practicable, the trading system shall be consistent with and operate in conjunction with the trading system developed by PJM Interconnection, Inc., if available.
(3) The Commission may contract with a for-profit or a nonprofit entity to assist in the administration of the electricity trading system required under paragraph (1) of this subsection.
(b) (1) The system shall include a registry of pertinent information regarding all:
(i) available renewable energy credits; and
(ii) renewable energy credit transactions among electricity suppliers in the State, including:
1. the creation and application of renewable energy credits;
2. the number of renewable energy credits sold or transferred; and
3. the price paid for the sale or transfer of renewable energy credits.
(2) (i) The registry shall provide current information to electricity suppliers and the public on the status of renewable energy credits created, sold, or transferred in the State.
(ii) Registry information shall be available by computer network access through the Internet.
Frequently Asked Questions About Maryland § 7-708
What does Maryland Code § 7-708 cover?
Section 7-708 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 § 7-708?
A common citation format is "Maryland Code § 7-708" (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 § 7-708 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.