Tuesday, November 15, 2011
Smart Meters in Maryland
The Maryland Public Service Commission rejected Constellation Energy's (Balt Gas & Elec) proposal to install smart meters throughout Maryland in June 2010. BG&E's current $835 million plan to install 1.36 million new "smart" electric meters and 730,000 advanced gas meters. Constellation said it anticipated $2.6 billion in benefits over 15 years, from conservation, lower prices, reduced capital expenditures for new power sources and other sources.
In August 2010, the Maryland Public Service Commission gave approval to Baltimore Gas & Electric to install smart meters. This reversal came after the company filed an amended proposal intended to address the state's top energy regulator's concerns that ratepayers would shoulder most of the financial risk to install the technology.
In August 2010, the Maryland Public Service Commission authorized Pepco to proceed with the installation of smart meters, which is consistent with federal initiatives to improve energy efficiency, while reducing carbon emissions. Pepco has received $68.85 million in federal stimulus grants to help fund Pepco’s smart meter program in Maryland. (Maryland Residents Against Smart Meters, NY Times, 6/23/2011, Business Wire, 7/7/2011)