.05 Electricity Supplier License — Cessation of Business.

A. A licensee shall provide 60 days prior written notice to the Commission and to the administrators appointed under COMAR of an intention to cease providing services to all customers in:

(1) The State;

(2) A specified electric company service area; or

(3) A specified customer class.

B. Following receipt of the notice required by §A of this regulation, the Commission may require the licensee to provide notice to the public and take other appropriate action.