Section 7-702 - Intent and findings.
§ 7-702.Intent and findings.
(a) Intent.- It is the intent of the General Assembly to:
(1) recognize the economic, environmental, fuel diversity, and security benefits of renewable energy resources;
(2) establish a market for electricity from these resources in Maryland; and
(3) lower the cost to consumers of electricity produced from these resources.
(b) Findings.- The General Assembly finds that:
(1) the benefits of electricity from renewable energy resources, including long-term decreased emissions, a healthier environment, increased energy security, and decreased reliance on and vulnerability from imported energy sources, accrue to the public at large; and
(2) electricity suppliers and consumers share an obligation to develop a minimum level of these resources in the electricity supply portfolio of the State.
[2004, ch. 487, § 1; ch. 488, § 1.]