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What is the RGGI Rate Credit?

April 26, 2017credit rate RGGI

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What is the RGGI Rate Credit?

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The RGGI Rate Credit is a monthly rate credit of $1.50 that is being applied to the bills of all Maryland residential customers beginning with the June 2009 billing cycle. The credit appears as a line item on the bill. It provides a billing credit to help offset surcharges for the cost of programs that will decrease energy demand and promote clean energy to fuel Maryland’s future prosperity. RGGI stands for Regional Greenhouse Gas Initiative.