MARYLAND STATE                             DEPARTMENT                                          OF 
                                   ASSESSMENTS AND TAXATION  
                                                    Public Utilities               Section 
                         301 West Preston Street, Room 801 ●                         Baltimore, Maryland                            21201 
                                                     (410) 767-1940 

                                                        FORM  17G  
                              2023 ELECTRIC         GENERATION                         PROPERTY                       RETURN 
                                                    For non-utility entities 
                              File this report   at address     listed             above by April                     17,    2023 
                                        Attach the $300 Annual Report Filing Fee 

                                                        SECTION    I 
     The business        has been  approved by MarylandSaves    for   a waiver     of its 2023                        Annual Report filing fee.   [ ] Yes     [ ] No 
  1.         Department   ID Number: 

  2.         Name: 

  3.         Mailing Address: 
                         Check   ifnew address       

  4.         Email address: 
  5.         Place where principal business in the State is transacted: 
  6.         State and Date   of Incorporation   or Formation: 

  7.         Names & Addresses   of Officers: 
                                                           OFFICERS 

                              President                                                                                      Secretary  

                         Vice-President                                                                                      Treasurer  

  8.         Names of    Directors: 
                                                           DIRECTORS  

  *Required information for              certain    corporations,                  MD               Code,             Tax    Property      Article       §11-101     – 
  Please see instructions on the next page. 

  *Total number   of directors                                  *Total number   of female                                    directors 

MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                 301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                        Maryland                                                  P ag e                 http://dat.maryland.gov
  TPS_Public Utility    -2023 Form 17G                          ASSESSMENTS        DEPARTMENTAND TAXATIONOF                                   1 of 14                          

Completion Required Pursuant to MD Code, Tax Property Article §11-101 

      A.  Is this business a (1) commercial enterprise or business that is formed in Maryland or does 
             business in Maryland;   or (2) a corporation, foundation, school, hospital,   or other legal entity for 
             which none   ofthe earnings           inure to the benefit                  of   any private shareholder                       or individual holding 
             an interest   in the       entity?                                                                                                        [ ] Yes  [ ] No 

    If you answeredNo“           ” to Question A, please proceed to Question E.                                              By proceeding   to Question E, your 
  signing of this Annual Report confirms, under penalties of perjury, that the entity filing this Annual 
  Report   isnot required          to   submit a   Corporate Diversity         Addendum.                                     Please see instructions for additional 
  information.   If you answered “Yes” to Question A, please proceed to Questions B, C, and D.    

      B.       Is this        business   a limited liability   company         (LLC)                      owned     by a single        member?             [ ] Yes      [ ] No 

      C.  Is this business a privately            held company with at least 75% of the company’s shareholders who 
             are family members?                                                                                                                       [   ]Yes      [ ] No 
      D.       Is this        business   an entity that  (1) has      an annual                          operating           budget   or annual sales less than 
             $5,000,000; and           (2) has neither qualified for nor applied for, and does not intend to apply for, a 
             State benefit*?                                                                                                                               [ ] Yes      [ ] No 

  *A “State Benefit”          means     (1)   a State capital  grant  funding                            totaling           $1.00 million   or more in   a single fiscal 
  year; (2) State tax credits totaling $1.00           million or       more   in a single fiscal year; or (3) the                                receipt of a 
  State contract with a total value   of $1.00 million or                     more.                       “State contract” means   a contract that (a) 
  resulted from a competitive procurement process and (b) is not federally funded                                                           in any way. 

  If you answer “Yes” to Question B, C,   orD, please proceed to Question E. By proceeding your                                                          signing of          
  this Annual Report confirms,             under   penalties   of perjury,               that             the      entity       filing this Annual  Report   is not 
  required to submit a Corporate                Diversity Addendum.            Please see Instructions for                               additional information. 

    If you   answered         No"”   toQuestions B,     C, and D,   you are    legally                    obligated          to   complete and return        to SDAT          
  a Corporate Diversity Addendum that is required by COMAR 24.01.07.                                                         The Addendum and          instructions 
  for submitting the Addendum may be found at https://dat.maryland.gov/Pages/sdatforms.aspx. Failure 
  to complete and return the Addendum to SDAT may prohibit you from receiving certain State benefits. 
  Please see Instructions for additional information. 

MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                       301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                              Maryland                                                   P ag e            http://dat.maryland.gov
  TPS_Public Utility    -2023 Form 17G                                ASSESSMENTS        DEPARTMENTAND TAXATIONOF                                 2 of 14                            

                                                    REMINDERS FOR  2023  

  Regulatory reports including SEC 10-K; Annual Reports to Stockholders; FERC 1, 2, 
  and 6; FCC 499A; and R-1 forms  may be submitted electronically in PDF format to  
  sdat.utilitytax@maryland.gov   .      Electronic reports MUST be   in PDF                                            format.       Links   to 
  urls are NOT acceptable. 

  Always include              the complete name   of the          entity                             and       Maryland   ID number   in the 
  subject line of the email. 

     Check this box   if Regulatory reports are                   filed                     electronically. 

  *Report total number   of Directors               and  total number   of female                                   Directors        on  page   1.
  Due to the passage of Chapter 513 during the 2019 General Assembly Session, a new 
  request for data has been included on the Form 17G.                                                 The Total number of         Directors, 
  Total number of Female Directors only applies to tax exempt, domestic non- stock 
  corporations with an operating budget exceeding $5,000,000; or domestic stock 
  corporations with total sales exceeding $5,000,000.                                                 If one of the former   applies to the 
  corporation, these questions must be completed unless 75% of the corporation’s 
  shareholders are family members.  This question is required by law, Tax Property 
  Article §11-101. 

                    2023 ELECTRIC       GENERATION PROPERTY                                                    RETURN EXTENSION 

  Extensions may be filed and verified using our website at www.dat.maryland.gov   . This 
  option is operational for extension requests 24 hours per day beginning December 1, 
  2022 through April 15, 2023. It offers Department ID lookup, extension verification, and 
  confirmation number. Our office is no longer accepting extensions requested via paper 
  documents.  Extensions are granted for 60 days.                                            Returns must       be filed by June 15, 
  2023. 

  To request an extension, go to http://pprextensions.dat.maryland.gov/ and click on the 
  extension application link.  You will receive a confirmation number as proof                                                    of your 
  submission. Always print and keep a copy of the confirmation page.  Extensions are 
  granted for 60 days.  Returns must be filed by June 15, 2023.                                                 Please file early to 
  avoid possible delays due to the heavy usage of the system which occurs in the last 
  week prior to April 15, 2023. 

                                        The direct link to Public Utility Forms:  
             https://dat.maryland.gov/businesses/Pages/franchise-and-public-utilities.aspx 

MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                          301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                 Maryland                                             P ag e          http://dat.maryland.gov
  TPS_Public Utility    -2023 Form 17G                   ASSESSMENTS        DEPARTMENTAND TAXATIONOF                            3 of 14                                 

                                                       SECTION II  
 
     1.         Provide the            following information for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   each                      electric generation                  site operated 
                in Maryland.  If the return includes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    more than one operating                                            site, provide 
                separate information for each site.  
 
                        a)       Name of site:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
 
                        b)       County of operation:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 
                        c)       Rated generation capacity:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 
                        d)       Total kilowatts   of electricity generated                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  in 2022:                                     
 
                        e)       Year initial service began:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 
                              f) Date acquired:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
 
     2.         Does the company   or its parent                                                                                                                                                                                                                 file                                                                                                                                                                                                                                                                                   an                         Annual    Report   to Stockholders or 
                SEC Form 10K?  
                                                       Yes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          No 
 
                If an Annual Report to Stockholders is filed, a copy of the 
                company's or its parent's             12/31/22                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Annual Report to Stockholders                                       or 
                Form 10K must be  submitted with this return.  
 
     Regulatory reports               may be submitted   inPDF format to sdat.utilitytax@maryland.gov  . 
     Electronic reports MUST be   in PDF               format.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Links   to urls                    areNOT acceptable. 
        Check this box   if Regulatory reports                                                                                                                                                                                                                   are filed electronically. 
 
     Does the company have a payment in lieu of tax agreement (PILOT) with the governing body 
     of a County or municipality, as provided in Tax Property §7-514                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       ? 
 
       If yes, provide           the   approval date and order number                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
 
     Is the company a Community Solar projected approved                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     by the Maryland Public Service 
     Commission?  
 
       If yes,          provide  the     CSEGS   Identification                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         number                                                                                                    

 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e      http://dat.maryland.gov
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                                                                SECTION III 

     Complete the following      income  and expense statement for January   1, 2022                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        through December 31,           2022. If the company’s 
     records are kept on a fiscal year basis different from the calendar year, provide the information for the fiscal year and indicate 
     the time period. 
 
                                                                                                                                                                                                                                                                 Within Maryland                                                                                                                                                                                                                                                                                                                                                    Total 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Revenues:  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Electricity  Sales  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Capacity  Revenue  
          Ancillary Services       Revenue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Other Operating        Revenues* 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
                Total Revenue 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Operating  Expenses   : 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Fuel  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Maintenance  Expenses  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Depreciation and       Amortization 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Salaries &    Wages  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Other Operating        Expenses** 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
                Total Operating Expenses 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Operating Income 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Non-Operating  Items  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Interest Expense 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Interest Income 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
          Other  Income  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Income before         income taxes 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Income Taxes  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Net  Income  
     *Other operating Revenues             should    include    uplift                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  payments. 
     **Please provide an           explanation for   any amounts                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        reported   in other                         operating              expenses. 

 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e         http://dat.maryland.gov
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                                                     SECTION IV  
 
 1.  State the original cost of the company's Maryland property, plant and equipment by 
     category and year of acquisition.               Provide this information on Form 17G-1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         All property 
     owned by the company and located within the State of Maryland on January 1, 2023, 
     must be reported.  Property             must    be reported at original cost in the year of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      acquisition 
     without deduction of depreciation, investment tax credit, or trade-in of previously owned 
     property. Property not in use and all fully depreciated and expensed property must be 
     reported. 
 
 2.  Each generation site should be reported on a separate Form 17G-1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            A list of all 
     counties and incorporated towns in Maryland is provided.  Please report the 
     jurisdiction(s) in which the property is located. 
 
 3.  Please complete the balance sheet provided on Form 17G-2. The balance sheet should 
     reflect a beginning period of January 1, 2022 and ending period of December                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            31, 2022.  
     Total columns may be omitted if all assets are located in Maryland. 
 
 4.  Complete Form 17G-3, Depreciation Schedule of Property in Maryland on January   1, 
     2023.  The total amounts                reported on Line 9 must match the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  original                    cost    and net book 
     values reported on Form 17G-2, Balance Sheet, for property located in Maryland. 
 
 5.  During 2022, did the company transfer   or dispose   of any property located in                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland? 
                                                         Yes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        No 
       If Maryland                    property       was transferred                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         or disposed                    of, Form     17G-4 must 
     be completed.                       The total must match the total reported                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  original cost 
     on Form 17G-3. 
 
 6.  Most computer software and related documentation is now exempt.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Embedded 
     software residing permanently in the internal  memory of a computer system and 
     computer software sold from inventory in a tangible medium ready                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       to use as   is remains 
     taxable.  All other software is exempt.  A business may not reduce the original cost of 
     computer hardware by the value of software that is acquired as part of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       computer 
     hardware. [Tax Property 7-238 (d)] 
 
 7.  Personal property that is machinery or equipment used to generate electricity for sale is                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
     subject to county                  or municipal property tax on 50% of its value  for the  taxable year                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
     beginning July   1, 2001.             Please    report                                                                                                                                                                                                      this                                                                                                                                                                                                                                                                                              property   at original        cost,                      and     the  Department   will 
     calculate the exemption. 

 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e    http://dat.maryland.gov
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     8.         Does the company have any personal property                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  located   in Maryland                which   is 
                owned by others and held by the company as lessee or otherwise? 
 
                                                          Yes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       No 
 
                  If yes,        complete    the following                                                                                                                                                                                                       information                                                                                                                                                                                                                                                                                                                 for  all leased               property. 
 
     Description of Leased Property:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

     Lessor:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

     Original Cost:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

     Year of Acquisition:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

     Lease Term:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               

     Unexpired Lease Term:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

     Lease Payment:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

     Location of Leased Property:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
 
     9.         Does the company own any fully                                                                                                                                                                                                                   depreciated   or expensed                                                                                                                                                                                                                                                                                                                property   in Maryland? 
                                                                                                                                                                                                                                                                 Yes                                                                                                                                                                                                                                                                                                                No 
 
                  If so,         is the property reported on the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   return? 
                                                                                                                                                                                                                                                                 Yes                                                                                                                                                                                                                                                                                                                No 
 
     10.        Except as otherwise provided by Tax Property Article 7-239, a partial exemption 
                equal to 95 percent of the assessment of the property applies to property placed 
                in service as part of a certified coal pollution control facility or a coal waste 
                disposal power project and            for which   all necessary permits,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   including   a certificate 
                of public convenience and necessity, are issued after January 1, 1997. 
 
                  If a certified coal pollution facility                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           engages in the replacement, repair, or 
                retrofit of equipment that was subject to the property tax on or  before  
                December 31, 1996, the               partial exemption   is reduced                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   by                   the replacement 
                value of  existing equipment that is replaced, repaired, or retrofitted.  

 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e        http://dat.maryland.gov
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                                                             SECTION    V 
 
                                                         IMPORTANT  REMINDERS  
     •  A Maryland annual property return must                                                                                                                                                                                                                   be filed by                                                                                                                                                                                                                                                                                                        all companies          that are incorporated, 
        qualified, or registered to do business in the State of Maryland.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               The                return must be filed 
        even   if the            company owns      no    property   in the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         state   or has               not  conducted             business        during the 
        year.  
 
     •  The due date for filing the return is April 17.  Extensions of the filing deadline of up to 60 
        days may be granted.             The only        way to request                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                an extension is via the website as explained 
        on the Extension Request Form included at the beginning of the Form 17G.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  All companies 
        which receive an              extension   must   file   a completed                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         return      by the extension           expiration      date.  All 
        returns should be mailed to: 
 
                                         State Department   of Assessments   & Taxation 
                                                         Public Utility Section 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             th 
                                                  301 W. Preston Street,  8                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Floor  
                                               Baltimore, Maryland                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 21201-2395 
 
     •  All items on the return must be completed.  If a question is not applicable,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       please state that 
        fact.  The information provided in this              return, excluding page 1, is held confidential by                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the 
        Department and   is not          available       for public                                                                                                                                                                                                                                                                                                                                                                                                                                  inspection.                                                                             Page     1 is public          record.  (Tax-Property 
        Article 2-212). 
     •  The annual               report filing fee   is now $300                                                                                                                                                                                                 for                                                                                                                                                                                                                                                                                    most                       legal     entities.  Please             be  sure   to enclose 
        the correct fee with the Form 17G. 
                                         Make the check         for                                                                                                                                                                                                                                                                                                                                                                                                                                  the                                                           filing                   fee payable    to: 
                                        State Department    of Assessments and Taxation 
                            (Please put        the Maryland     Department   ID number                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  on the             check) 
 
     •  For assistance   in preparing              the   return,  call                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  410-767-1940. 
 
                            Name and     phone    number   of person   to contact                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               regarding                  the return 
 
                                 Email Address   of person   to contact                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      regarding     the             return 
 
                I declare under the penalties of perjury, pursuant to Tax-Property Article   1-
                201 of the Annotated Code of Maryland, that this return, including any 
                accompanying schedules                   and statements,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           has       been  examined                by  me   and    to 
                the best of my knowledge and belief is a true,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               correct and complete return. 
 
     Printed Name   of Officer   or Principal 
 
     Signature   ofOfficer or   Principal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Date 
     The return must             be   signed   by  an    officer   of the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          company. 

 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e       http://dat.maryland.gov
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  Maryland Form 17G-1a, January   1, 2023                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
  Company Name:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Generation Plant  Location                                                                                                                
  Report original cost         by  year   of acquisition. 
 
     Category          ASSET DESCRIPTION                     CWIP                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       2022                                 2021                          2020             2019                 2018              2017                  2016                2015 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     G                 Long-lived electric  
                       generation machinery and 
                       equipment   * 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     A                 Other electric generation 
                       machinery and  equipment   * 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     A                 Switchyard  equipment  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     A                 Furniture and fixtures 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     B                 Mainframe computers    over 
                       $500,000.  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     C                 Unlicensed motor    vehicles 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     D                 Data processing equipment 
                       and canned software  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
     A                 Other property not 
                       specifically listed 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
                       Total  
 
     DEPRECIATION RATE               CHART   FOR    2023  RETURN 
 
  Category   A10% per year 
     Other generation machinery            and equipment,    furniture and                                                                                                                                                                                       fixtures,                                                                                                                                                                                                                                                                                         and             other     personal property not         specifically listed.  Subject to minimum assessment of 10% of original cost. 
 
  Category B&C         20% per year 
     Mainframe computer           over $500,000,  unlicensed      motor vehicles,                                                                                                                                                                                                                                                                                                                                                                                                                                                                       contractor’s                         heavy equipment, fax          machines, mobile telephones,      photocopying   equipment,       rental pagers. 
               Subject to minimum assessment of 10%   of original cost. 
  Category   D30% per      year 
     Data processing equipment,            canned software.  Subject to minimum assessment of 5% of original cost. 
 
  Category   G3.3% per     year  
     Turbines, generators,        and  long-lived generation     equipment. 
     Subject     tominimuma      assessment    of   25% of   the original cost.                                                                                                                                                                                    CWIP should                                                                                                                                                                                                                                                                                                      be       reported according to its intended future classification. 
     •                 Machinery and equipment   used   to generate    electricity   is 50%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        taxable   (50%  exempt).    All         property, including   property   that qualifies for the exemption must     be reported   at total original 
                       cost.  The exemption will be calculated by the Department.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                (Tax Property     7-237) 
 
 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e         http://dat.maryland.gov 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                 TPS_Public Utility    -2023 Form 17G                                                   ASSESSMENTSDEPARTMENTAND TAXATIONOF                                        9 of 14                                                   
 

Maryland Form 17G-1b, January   1, 2023 

Company Name:                                                                                                           Generation Plant Location 

   Report original cost       by    year   of acquisition. 

       Category      ASSET DESCRIPTION                                    2014                                         2013            2012             2011               2010                2009            2008                2007 

         G           Long-lived electric generation 
                     machinery and equipment   * 

       Category          ASSET DESCRIPTION                  2006                                           2005                 2004          2003                2002                  2001               2000         1999   prior&     

           G             Long-lived electric generation 
                         machinery and equipment * 

   DEPRECIATION RATE          CHART     FOR   2023  RETURN  (continued) 

Category G 3.3%  per     year 
   Turbines, generators       and long-lived generation    equipment. 
   Subject     tominimuma     assessment of   25% of   the original cost.  
   •         Machinery and      equipment    used   to generate electricity   is 50%                         taxable    (50%    exempt).  All property, including property that qualifies for the exemption must  be reported   at total original 
             cost.  The exemption will be calculated by the Department.                          (Tax Property                  7-237) 

Property of certified coal pollution control facilities (TP-7-239) for                                        which a Certificate         of Public Convenience and Necessity              is issued after January   1, 1997 must be 
separately reported at original cost by year            of acquisition.            If the certified pollution control facility                          is a replacement, retrofit, or         repair   of equipment that was subject 
to tax on or before December 31, 1996, the cost by year of acquisition of that property must be separately identified and reported. 

MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                            301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                  Maryland                                                  P ag e           http://dat.maryland.gov
  TPS_Public Utility    -2023 Form 17G                                    ASSESSMENTS        DEPARTMENTAND TAXATIONOF                          10 of 14                                   

 Maryland Form 17G-2, January   1, 2023 
 
 Company Name:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
 
                                      Beginning of Period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           End of Period                                  
 
                                                                                                                                                                                                                                                                 Within                                                                                                                                                                                                                                                                                                                       Total                         Within      Total 
                                                                                                                                                                                                                                                                 Maryland                                                                                                                                                                                                                                                                                                                                                   Maryland  
                            ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
                 CURRENT  ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
      Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
      Marketable  Securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
      Accounts  Receivable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
      Inventory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
      Other Current Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
      PROPERTY, PLANT   & EQUIPMENT                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Land                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
      Buildings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
      Leasehold  Improvements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
      Equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
      Accumulated  Depreciation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
      Net Property, Plant   & Equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
      INTANGIBLE AND                  OTHER ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
      Intangible  (Net)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
      Other  (detail)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
                        TOTAL  ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
                LIABILITIES &    EQUITY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
                CURRENT  LIABILITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
      Accounts  Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
      Other Current Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
      LONG TERM LIABILITIES   & EQUITY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
      Mortgage, Notes, Bonds Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
      Other Long Term Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
      Capital  Stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
      Paid     InCapitalor  Surplus                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
      Retained  Earnings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
      Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
      TOTAL LIABILITIES   & EQUITY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e     http://dat.maryland.gov
                                                                                                                                                                                                                                                                                                                                                                                                                                                                 TPS_Public Utility    -2023 Form 17G                                                   ASSESSMENTSDEPARTMENTAND TAXATIONOF                                  11 of 14                                                     
 

Maryland Form 17G-3, January   1, 2023 

              DEPRECIATION SCHEDULE                                         OF               PROPERTY   IN MARYLAND 
                                        AS OF JANUARY 1, 2023 

                                                    Original                              Depreciation   Accumulated                                 Book  
                                                    Cost                                     This  Year               Depreciation                   Value  

  1. Land 

  2. Buildings 

  3. Leasehold  Improvements 

  4. Transportation  Equipment 
     (licensed) (A)  

  5. Transportation  Equipment 
     (not licensed)  

  6. Furniture &    Fixtures 

  7. Machinery &    Equipment 

  8. Other   (Specify) 

  9.  TOTAL 

  10.  Expensed Property   (Not 
     Reported on         Depreciation 
     Schedule) (B) 

A. Vehicles with         dealer plates, special equipment plates,   or wrecker                                 plates are   to be reported   on line 5. 

B. Include all property expensed under IRS Section 179 and other                                               expensed property located   in Maryland not 
   reported on the  depreciation schedule. 

MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                          301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                 Maryland                                               P ag e              http://dat.maryland.gov
  TPS_Public Utility    -2023 Form 17G                   ASSESSMENTS        DEPARTMENTAND TAXATIONOF                               12 of 14                             

Maryland Form 17G-4, January   1, 2023 

Company Name: 

MARYLAND PROPERTY                            DISPOSAL               AND                      TRANSFER              RECONCILIATION 

         This form must be completed if question 5 of Section IV was answered  yes. 

                                             Balance       Transfers    in                            2022         Transfers out         Balance 
                                             1/1/22        During  2022                               Acquisitions   & Disposals      1/1/2023 
Land 

  Building 
         s 
Leasehold  Improvements 

Transportation  Equipment 
     (Licensed) 

Transportation Equipment 
              (not licensed) 

Furniture  & Fixtures 

Machinery  & Equipment 

Other  (Specify) 

               TOTAL 

  If transfers   or disposals     made   in 2022    exceed $500,000   or 50%                 of the   total property   reported    as of 1/1/2022 
                                                                                                      complete the information  below. 

                                                                                                                          Date of disposal 

Manner of disposal?                                                                                                (sale, junked, sold or removed) 

Name   ofbuyer (if   sold)  

MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                          301 WEST PRESTON STREET, BALTIMORE, MARYLAND 
                                                                                                                                21201-2395 
  TPS_Public Utility   -2023 Form                          M        arylandDEPARTMENT OF                         P ag  e    13 of 14  http://
                             17G                           ASSESSMENTS AND TAXATION                                        dat.maryland.gov  

                                  MARYLAND COUNTIES   & INCORPORATED                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       TOWNS 

  The following     is a list   of counties and incorporated towns   in Maryland.     If a company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                owns property   in any         of 
  these locations, the property should be reported on Form 17G-1, as outlined in Section IV, 2.  
 
  ALLEGANY                        CECIL               GARRETT                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 PRINCE  GEORGE’S                     TALBOT  
  Barton                          Cecilton            Accident                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Berwyn  Heights                      Easton  
  Cumberland                      Charlestown         Deer  Park                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Bladensburg                          Oxford  
  Frostburg                       Chesapeake  City    Friendsville                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Bowie                                Queen  Anne  
  Lonaconing                      Elkton              Grantsville                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Brentwood                            St.  Michael’s  
  Luke                            North  East         Kitzmiller                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Capitol  Heights                     Trappe  
  Midland                         Perryville          Loch Lynn                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Heights                Cheverly                             
  Westernport                     Port Deposit        Mountain Lake Park                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      College Park                         WASHINGTON 
                                  Rising  Sun         Oakland                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Colmar  Manor                        Boonsboro  
  ANNE  ARUNDEL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Cottage  City                        Clearspring  
  Annapolis                       CHARLES             HARFORD                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 District  Heights                    Funkstown  
  Highland  Beach                 Indian  Head        Aberdeen                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Eagle  Harbor                        Hagerstown  
                                  LaPlata             Bel  Air                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Edmonston                            Hancock  
  BALTIMORE CITY                  Port Tobacco        Havre de Grace                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Fairmount Heights                    Keedysville 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Forest  Heights                      Sharpsburg  
  BALTIMORE  CO                   DORCHESTER          HOWARD                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Glenarden                            Smithsburg  
                                  Brookview                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Greenbelt                            Williamsport  
  CALVERT                         Cambridge           KENT                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Hyattsville                           
  Chesapeake  Beach               Church  Creek       Betterton                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Landover  Hills                       WICOMICO  
  North Beach                     East New   Market   Chestertown                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Laurel                                Delmar 
                                  Eldorado            Galena                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Morningside                           Fruitland  
  CAROLINE                        Galestown           Millington                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Mt. Rainer                            Hebron 
  Denton                          Hurlock             Rock  Hall                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             New  Carrollton                       MardelaSpring  
  Federalsburg                    Secretary                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  North  Brentwood                      Pittsville  
  Goldsburg                       Vienna              MONTGOMERY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Riverdale                             Salisbury 
  Greensboro                                          Barnesville                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Seat  Pleasant                       Sharptown  
  Henderson                       FREDERICK           Brookeville                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             University  Park                     Willards  
  Hillsboro                       Brunswick           Chevy Chase Sec.3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Upper Marlboro                       
  Marydel                         Burkittsville       Chevy Chase Sec.5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            WORCESTER 
  Preston                         Emmitsburg          Chevy Chase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   View      QUEEN ANNE’S                         Berlin 
  Ridgely                         Frederick           Chevy Chase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Village  Barclay                               Ocean City 
  Templeville                     Middletown          Gaithersburg                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Centreville                          PocomokeCity  
                                  Mt.  Airy           Garrett  Park                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Church  Hill                         Snow  Hill  
  CARROLL                         Myersville          Glen  Echo                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Millington                           
  Hampstead                       New  Market         Kensington                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Queen  Anne                          
  Manchester                      Rosemont            Laytonsville                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Queenstown                           
  Mt.  Airy                       Thurmont            Martin’s  Addition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Sudlersville                         
  New Windsor                     Walkersville        North Chevy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Chase      Templeville                          
  Sykesville                      Woodsboro           Poolesville                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
  Taneytown                                           Rockville                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               ST. MARY’S                           
  Union  Bridge                                       Somerset                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Leonardtown                          
  Westminster                                         Takoma  Park                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
                                                      Town   of Chevy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Chase  SOMERSET                       
                                                      Washington  Grove                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Crisfield                            
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Princess  Anne                       
 
 MARYLAND STATE DEPARTMENT OF ASSESSMENTS & TAXATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    301 WEST PRESTON STREET, BALTIMORE, MARYLAND 21201-2395  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Maryland                                                                                                              P ag e    http://dat.maryland.gov
                                                                                                                                                                                                                                                                                                                                                                                                                                                                 TPS_Public Utility    -2023 Form 17G                                                   ASSESSMENTSDEPARTMENTAND TAXATIONOF                                 14 of 14