Maryland Strategic Energy Investment Fund - Uses - Cooperative Housing Corporations and Condominiums (Co-Op and Condo Energy Refund Equity Act)

Summary

The bill reallocates money from the Maryland Strategic Energy Investment Fund to give electric customers who live in cooperative housing corporations or own condominium units a refund or credit on their 2027 electricity bills. The refunds are paid through the electric utility to the co‑op or condo board, which then distributes the money to members, with half issued in a peak summer month and half in a peak winter month. This aims to lower energy costs for these residential groups.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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