How are public utilities regulated?

Public utilities in Maryland are regulated by the Maryland Public Service Commission (PSC). The PSC is responsible for ensuring that the services provided by public utilities are available, reliable, and safe. The PSC also sets the rates that public utilities can charge customers for their services. These rates must be reasonable and fair. The PSC also has the authority to investigate complaints from customers if they believe they are being overcharged or if their service is being provided in an inadequate or unsafe manner. The PSC also evaluates proposals from utility companies for new services or rate increases to ensure that they are necessary and that customers will not be unfairly charged. The PSC also reviews and approves applications for new public utilities operations in Maryland. In addition, the PSC ensures that public utilities follow all applicable federal and state laws and regulations, including those related to environmental protection, consumer protection, and equal employment opportunities. Finally, the PSC encourages public utilities to invest in energy efficiency, renewable energy sources, and other technologies that will benefit the public by reducing energy costs and protecting the environment.

Related FAQs

What is the purpose of the Natural Gas Act of 1938?
What are the legal requirements for utility companies in regards to infrastructure?
What is the role of the Department of the Interior (DOI) in utilities law?
What are the legal requirements for utility companies when constructing infrastructure?
What are the legal rights and responsibilities of public utility customers in regards to pricing?
What is the role of the Nuclear Regulatory Commission (NRC) in utilities law?
What is the role of the Environmental Protection Agency (EPA) in utilities law?
What is the purpose of the Natural Gas Act of 1978?
What are the legal requirements for utility companies in regards to safety?
What are the legal issues involved in the sale and transfer of public utility assets?

How are public utilities regulated?

Related FAQs

Related Blog Posts