Natural Gas - Strategic Infrastructure Development and Enhancement (Ratepayer Protection Act)

SB 998 requires Maryland gas companies to file detailed plans with the Public Service Commission for safety and reliability infrastructure projects (like pipe replacements to reduce leaks or improve public safety). These plans must include project descriptions, timelines, cost analyses comparing alternatives (such as leak repair or electrification), and 2-year advance customer notifications allowing time to switch to electric options. The bill establishes a capped monthly surcharge ($2 max for residential customers) to recover project costs separately from regular rate increases, ensuring ratepayers aren’t overcharged while protecting them from unexpected bills. It directly affects gas utilities and their natural gas customers across Maryland, with the Commission reviewing all plans for compliance.