The $1.50 is a cap on what a developer can plug into its proposal. It is not a cap on what a ratepayer might actually have to pay. When pressed in hearings, even aides to Gov. Martin O'Malleyand representatives of the Maryland Energy Administration and the Public Service Commission concede that this is true. As Abby Hopper, the governor's emissary on the bill, testified before the Senate Finance Committee on Feb. 14, this is "not a cap." She also conceded that when the time comes for a surcharge to show up on a ratepayer's bill, it could be a lot more than $1.50 even after the effects of inflation. Listen to her recorded testimony if you don't believe me.