The Public Service Commission of Maryland convened on January 15, 2025, to discuss significant budgetary requests from local utility companies aimed at enhancing clean energy initiatives. The meeting highlighted a request from Potomac Edison Company for a budget increase to its Clean Energy Advantage (CEA) residential lending pilot program.
Potomac Edison, represented by Charles Herbert, sought an additional $177,474 to continue the CEA program, which has seen unexpected success, particularly in geothermal heat pump projects. The program, initially funded with $2.9 million, was designed to assist limited-income and credit-challenged customers in accessing clean energy solutions. The commission had previously extended the program through December 31, 2025, and approved recommendations to adjust loan parameters, including lowering the credit score threshold and increasing loan caps.
The Office of People's Council, represented by Nicole Zeitner, expressed support for Potomac Edison’s request, emphasizing the importance of maintaining momentum in the program and ensuring that it continues to serve customers effectively. Potomac Edison’s Jessica Grama confirmed the program's popularity and noted that the funds would be allocated to support ongoing projects and administrative costs.
Commissioner Arthur raised concerns about the program's reach, particularly regarding its effectiveness for low- and moderate-income customers. Grama assured that the program would now focus on a broader range of energy efficiency projects, as geothermal projects would no longer be eligible for funding.
The commission unanimously approved the budget increase, allowing Potomac Edison to resume its implementation of the CEA program and continue providing valuable services to its customers.
In addition to the CEA discussion, the meeting also included a request from Delmarva Power and Light Company to waive certain distribution rates, indicating ongoing regulatory considerations in the utility sector. The commission's decisions reflect a commitment to advancing clean energy initiatives while addressing the needs of vulnerable customer segments.