Electric Companies - Regional Transmission Organizations - Report (Utility Transparency and Accountability Act)

HB 121, the "Utility Transparency and Accountability Act," requires Maryland electric companies to submit annual reports to the Public Service Commission detailing all recorded votes they cast (or their affiliates cast when the company doesn’t vote) at regional transmission organization meetings. The bill directly affects investor-owned electric companies participating in regional transmission organizations, excluding municipal utilities. Key provisions mandate that reports, due February 1 each year, include every recorded vote regardless of whether it reflected a final position or decision-making authority. The law takes effect October 1, 2025, aiming to establish standardized reporting on company voting activity at these regional energy governance bodies.