Blockchain Registration Transaction Record

Exelon Seeks to Overturn Maryland's 26-Year Power Plant Ban

Exelon Corp. plans to overturn Maryland's 26-year utility deregulation policy to build a power plant. Critics worry about cost recovery from ratepayers while company promises regulatory oversight.

This development matters because it could fundamentally change how Maryland residents pay for and receive electricity. If Exelon succeeds in overturning the 26-year-old deregulation policy, it could lead to more stable electricity prices and increased supply reliability, but also potentially higher regulated rates for consumers. The outcome will determine whether utilities can return to generating their own power rather than purchasing it from independent producers, which could affect competition, consumer choice, and long-term energy costs across the state. Given current energy price pressures and grid reliability concerns, this policy reversal could have lasting implications for Maryland's energy affordability and security.