PUC seeks solutions to deregulated electric power

HARRISBURG — Price caps on electricity are on their way out and a new challenge is on its way in.

The state Public Utility Commission is trying to prevent the kind of sudden rate spikes Maryland and other states saw when utilities were fully deregulated there.

The commission invited 26 stakeholders — including power distribution companies, electricity generators, consumer advocates and energy consultants — to testify at a public hearing in Harrisburg yesterday.

“It’s up to all of us to prepare now to protect our customers from the brunt of possible price spikes,” said commission Chairman Wendell Holland.

Pittsburgh Post-Gazette