(a) With respect to the net capital costs associated with the relocation underground of utility lines and facilities in connection with projects required by § 8–401 of the Land Use Article, the Commission shall:
(1) set the amount of the monthly surcharge required to support the costs and determine which customers of the applicable utility are subject to the surcharge;
(2) include in the rate base the related net capital costs; or
(3) adopt another method to apportion the costs appropriately.
(b) A utility may not be required to pay more than 50% of the net capital costs of a relocation project.
(c) A county or municipal corporation may appropriate money for a relocation project from appropriate federal, State, and local funds it receives for this purpose.
Structure Maryland Statutes
Division I - Public Services and Utilities
Subtitle 2 - Rate Setting Proceedings
Section 4-203 - New and Changed Rates; Notice
Section 4-204 - Effective Date of Proposed Rate; Suspension
Section 4-205 - Temporary Rates
Section 4-206 - Rate Base -- Valuation
Section 4-207 - "Make Whole" Rate Proceedings
Section 4-208 - Cost Allocation Manual
Section 4-209 - Allocation of Costs of Relocating Utilities Underground