Investor-Owned Electric Companies - Generating and Transmission Facilities - Authorization

SB 951 authorizes investor-owned electric companies in Maryland to directly build, lease, or operate their own power generation and transmission facilities without needing prior approval from the Public Service Commission. It removes the Commission's existing authority to require such construction under specific circumstances, shifting that decision-making power directly to the utility companies. The bill changes the legal framework governing utility infrastructure projects, allowing companies to proceed with these facilities under their own authorization rather than through Commission mandates. This change takes effect on October 1, 2025.