Electric and Gas Companies - Energy Efficiency, Conservation, and Demand Response Programs - Alterations (Utility Affordability and Ratepayer Protection Act of 2026)

SB 850 requires Maryland electric and gas companies (including midsize cooperatives after 2026) to design energy efficiency, conservation, and demand response programs that demonstrably lower residential customer bills. It mandates the Public Service Commission to establish caps on certain assessments and set deadlines for eliminating unpaid utility costs. The law ensures programs must include measurable bill savings for households, not just energy reductions, and requires annual reports tracking energy savings and emissions reductions from these programs. This directly affects all residential utility customers in Maryland by linking program requirements to tangible cost savings.