.02 Calculation of Prices.

A. For service periods stated in COMAR 20.52.02, retail prices for each service other than HPS under this subtitle shall consist of the sum of the following components:

(1) The seasonally differentiated and, if applicable, the time-of-use differentiated load weighted average of all awarded electric supply prices for specific services in each year;

(2) Retail charges designed to recover, on an aggregate basis, FERC-approved transmission charges and any other PJM charges and costs incurred by the utility;

(3) An administrative charge, including other costs and return or profit; and

(4) Applicable taxes.

B. The Commission may approve adjustments or reconciliation of a price component under §A of this regulation.