Maryland attempts to curb rising energy bills with new law targeting third-party suppliers

It’s an issue in other states with deregulated energy markets.
A general aerial view of the Baltimore downtown skyline, Saturday, June 27, 2020. (AP Photo/Julio Cortez)

Maryland is attempting to rein in skyrocketing residential energy bills from third-party electricity and gas suppliers with a new law that could serve as a model for other states with deregulated retail markets.

A bill signed this month by Gov. Wes Moore (D) caps what the suppliers who compete with standard utilities can charge customers.

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