This is testimony in support of MD SB1, a bill to protect consumers from unfair, predatory retail energy supply contracts. The bill caps the price of the service offerings to the regulated utilities standard offer rates, it imposes strong restrictions on variable rates and would allow consumers to lock their accounts to avoid slamming. The bill requires the utility commission to review green energy supply and rates. The bill removes purchase of receivables and adds additional protections from unfair and deceptive sales.
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