(a) An investor-owned electric company may recover all reasonable costs incurred in:
- (1) participating in and administering a program under § 7-1005 of this subtitle; and
- (2) offering an upfront incentive or rebate under § 7-1006 of this subtitle.
- (b) To the extent feasible, the costs listed in subsection (a) of this section shall be recovered by the investor-owned electric company within the calendar year in which those costs were incurred.
- (c) Notwithstanding any provision of this subtitle, an investor-owned electric company may pursue and use a performance incentive mechanism to cover the cost of using distributed energy resources or an aggregator of distributed resources under this subtitle.
Added by Acts 2024, c. 475, § 1, eff. Oct. 1, 2024; Acts 2024, c. 476, § 1, eff. Oct. 1, 2024.