Maryland Electricity Imports
Maryland’s electricity market is plagued by higher prices than many neighboring states as a result of its lack of local generation capacity, with over 30% of its required electricity being pumped in from other states. This electricity costs more due to transportation charges and technical losses, raising the final price for service delivery.
Some lawmakers have suggested reducing Maryland’s dependence in electricity imports by constructing a new power plant in Maryland that would be paid for through an indirect increase in supply costs that are built into every electricity customer’s bill.
Opinion about this endeavor is obviously mixed, as higher short term prices for consumers would be unpopular, but the investment in local generation offering probable savings over the long term.