Get unlimited digital access to baltimoresun.com. $0.99 for 4 weeks.

Topics

Prices
Power plant subsidies were never needed [Commentary]
Power plant subsidies were never needed [Commentary]

The Maryland Public Service Commission (PSC) currently has an opportunity to ensure that Maryland consumers are not on the hook to pay for hundreds of millions of dollars in subsidized electricity that will be generated at Competitive Power Ventures' (CPV) St. Charles facility. The PSC should act in the best interest of Maryland consumers and repeal the subsidies. In 2011, power plant developers convinced the Maryland PSC, as well as their counterparts in New Jersey, to require the two states' respective electric utilities to enter into long-term contracts that would provide billions of dollars in subsidies to build new power plants. Not only did the developers claim that they...

Loading