Maryland Electric Deregulation
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Maryland Electric Deregulation
Maryland Electric Deregulation is the result of a bill passed in 1999 by the Maryland General Assembly. This bill changed the entire face of the Maryland utility industry. In 1999, the Maryland General Assembly, under pressure from state manufacturers, enacted legislation that would cause the electric industry in Maryland to become deregulated. This bill, the Electric Customer Choice and Competition Act of 1999, was passed through the Maryland General Assembly with many Democratic and every Republican legislator's support. The bill was signed into law by Democratic Governor Parris Glendening who was not in favor of deregulation, but was threatened with an override if he opted to veto. Prior to this legislation, the local electric utility was in charge of procuring and delivering power to the people in their service territory. Under the new legislation, the consumer could choose to continue purchasing power from the local utility (known as Standard Offer Service (SOS) or Provider of ...
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Maryland General Assembly
The Maryland General Assembly is the state legislature of the U.S. state of Maryland that convenes within the State House in Annapolis. It is a bicameral body: the upper chamber, the Maryland Senate, has 47 representatives and the lower chamber, the Maryland House of Delegates, has 141 representatives. Members of both houses serve four-year terms. Each house elects its own officers, judges the qualifications and election of its own members, establishes rules for the conduct of its business, and may punish or expel its own members. The General Assembly meets each year for 90 days to act on more than 2,300 bills including the state's annual budget, which it must pass before adjourning ''sine die''. The General Assembly's 441st session convened on January 9, 2020. History The forerunner of the Maryland General Assembly was the colonial institution, an Assembly of Free Marylanders (and also Council of Maryland). Maryland's foundational charter created a state ruled by the ''Pala ...
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Maryland
Maryland ( ) is a state in the Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware and the Atlantic Ocean to its east. Baltimore is the largest city in the state, and the capital is Annapolis. Among its occasional nicknames are '' Old Line State'', the ''Free State'', and the '' Chesapeake Bay State''. It is named after Henrietta Maria, the French-born queen of England, Scotland, and Ireland, who was known then in England as Mary. Before its coastline was explored by Europeans in the 16th century, Maryland was inhabited by several groups of Native Americans – mostly by Algonquian peoples and, to a lesser degree, Iroquoian and Siouan. As one of the original Thirteen Colonies of England, Maryland was founded by George Calvert, 1st Baron Baltimore, a Catholic convert"George Calvert and Cecilius Calvert, Barons Baltimore" William Hand Browne, ...
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Deregulation
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy. Economic regulations were promoted during the Gilded Age, in which progressive reforms were claimed as necessary to limit externalities like corporate abuse, unsafe child labor, monopolization, pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raised level ...
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Annotated Code Of Maryland
The Annotated Code of Maryland, published by The Michie Company, is the official codification of the statutory laws of Maryland. It is organized into 36 named articles. The previous code, organized into numbered articles, has been repealed. Amendment of the Code The Annotated Code of Maryland is amended through the legislative process involving both bodies of the Maryland General Assembly, the House of Delegates and the Senate. A bill is a proposal to change, repeal, or add to existing state law. A House Bill (HB) is one introduced in the House of Delegates (for example: HB 6); a Senate Bill (SB), in the Senate. Bills are designated by number, in the order of introduction in each house. For example, HB 16 refers to the sixteenth bill introduced in the House of Delegates. The numbering starts afresh each legislative session. The names of the legislator who introduced the bill and of any sponsors becomes part of the bill title. Bills listed as "The Speaker (By Request of Administr ...
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Parris Glendening
Parris Nelson Glendening (born June 11, 1942) is an American politician and academic who served as the 59th Governor of Maryland from January 18, 1995, to January 15, 2003. Previously, he was the County Executive of Prince George's County, Maryland from 1982 to 1994 as a member of the Democratic Party. Early life, education, and academic career Glendening was born in The Bronx, New York City, but later in his youth moved to the state of Florida. Raised Catholic, he attended St. Thomas Aquinas High School in Fort Lauderdale. He won a financial scholarship to Broward Community College. Other financial aid later enabled him to attend the Florida State University, where he received a bachelor's degree (1964), a master's degree (1965), and a PhD (1967), becoming the youngest student in FSU history to receive a doctorate in political science. When he graduated he taught Government and Politics as a professor at the University of Maryland at College Park for 27 years. In 1977, he ...
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Baltimore Sun
''The Baltimore Sun'' is the largest general-circulation daily newspaper based in the U.S. state of Maryland and provides coverage of local and regional news, events, issues, people, and industries. Founded in 1837, it is currently owned by Tribune Publishing. The ''Baltimore Sun's'' parent company, '' Tribune Publishing'', was acquired by Alden Global Capital, which operates its media properties through Digital First Media, in May 2021. History ''The Sun'' was founded on May 17, 1837, by printer/editor/publisher/owner Arunah Shepherdson Abell (often listed as "A. S. Abell") and two associates, William Moseley Swain, and Azariah H. Simmons, recently from Philadelphia, where they had started and published the '' Public Ledger'' the year before. Abell was born in Rhode Island, became a journalist with the ''Providence Patriot'' and later worked with newspapers in New York City and Boston.Van Doren, Charles and Robert McKendry, ed., ''Webster's American Biographies''. (Springfiel ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Maryland Public Service Commission
The Maryland Public Service Commission (PSC) is an independent administrative agency within the Government of Maryland, state government which regulates Public utility, public utilities and certain taxi cab and other passenger services in Maryland. Similar to other state public utilities commissions, the Maryland PSC regulates and sets Tariff (other), tariff rates for natural gas, electricity distribution, telephone, local telephone, Drinking water, water, and Sewage treatment, sewage disposal companies. The PSC also sets the tariff rates for Maritime pilot, pilot services for vessels and privately owned toll bridges, approves the construction of Power station, electric generating plants and overhead Electric power transmission, transmission lines with a voltage above 69 kV, and licenses retail natural gas and electricity suppliers. The PSC offices are located in Baltimore, Maryland, Baltimore in the William Donald Schaefer Building. Members of the Public Service Commission ...
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Constellation (An Exelon Company)
Constellation Energy Corporation () is an energy company headquartered in Baltimore, Maryland, United States. The company provides electric power, natural gas, and energy management services. It has approximately two million customers across the continental United States. The company was known as Constellation Energy Group, (former NYSE ticker symbol CEG) a Fortune 500 company and one of the largest electricity producers in the United States, until a merger with Exelon in 2012. When the acquisition was approved by FERC, Constellation Energy's energy supply business was re-branded as Constellation, an Exelon company. As part of the 2012 merger, Baltimore Gas and Electric, the regulated utility operated by Constellation Energy, became a regulated utility operating under Exelon Utilities. The current iteration of the company was founded in 2022 after splitting off from Exelon. Before merging with Exelon, Constellation Energy Group operated more than 35 power plants in 11  ...
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Perfect Storm
A perfect storm is a meteorological event aggravated by a rare combination of circumstances. The term is used by analogy to an unusually severe storm that results from a rare combination of meteorological phenomena. Origin The Oxford English Dictionary has published references going back to 1718 for "perfect storm", though the earliest citations use the phrase in the sense of "absolute" or "complete", or for emphasis, as in "a perfect stranger". The phrase appears in William Makepeace Thackeray's novel '' Vanity Fair'': The first known use of the expression in the meteorological sense is on May 30, 1850, when the Rev. Lloyd of Withington (Manchester, England) describes ″A perfect storm of thunder and lightning all over England (except London) doing fearful and fatal damage″ when recording monthly rainfall measurements for that year. This record is kept by the UK Meteorological Office. The next recorded instance is in the March 20, 1936, issue of the ''Port Arthur News'' in ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Hurricane Katrina
Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the costliest tropical cyclone on record and is now tied with 2017's Hurricane Harvey. The storm was the twelfth tropical cyclone, the fifth hurricane, and the third major hurricane of the 2005 Atlantic hurricane season, as well as the fourth-most intense Atlantic hurricane on record to make landfall in the contiguous United States. Katrina originated on August 23, 2005, as a tropical depression from the merger of a tropical wave and the remnants of Tropical Depression Ten. Early the following day, the depression intensified into a tropical storm as it headed generally westward toward Florida, strengthening into a hurricane two hours before making landfall at Hallandale Beach on August 25. After briefly weakening to tropical storm strength o ...
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