Wed, Nov 11

NEWS: Baltimore officials want Maryland regulators to pull the plug on BGE’s rate-hike request.

  • The increase: Baltimore Gas and Electric has proposed a $156M rate increase. The city estimates that it would add $100 per year, on average, to customer bills. This is necessary to cover costly equipment repairs and other grid-strengthening efforts, according to the utility.

  • The pushback: A recent Baltimore City Council resolution urges the Maryland PSC to reject this rate hike. Baltimore officials are also directing state regulators to reduce BGE’s return on equity.

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