Big Utilities Seek to Re-Enter Powergen in MD, Reduce Competition

Maryland State Senator Kevin Harris (D-Prince George’s) recently introduced legislation that would allow Big Utilities, such as Exelon, to build and operate power-generation infrastructure using ratepayer funds. The Alliance for Competitive Power (ACP) recently released a study that finds allowing Big Utilities to re-enter the powergen market in Maryland would shift financial risks and cost overruns to ratepayers, whereas competitive markets protect consumers by ensuring shareholders, not the public, bear investment risks. ACP argues that allowing Big Utilities to re-enter power generation would reduce competition and raise prices for ratepayers.

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