Customers of Baltimore Gas and Electric Co. will see their bills increase an estimated $2.86 a month following a Friday order by the state.
That order, however, approves less than half the rate increase requested by BGE. The company sought about $107 million in additional revenue next year.
Rate increases are
allowed by the state only when the Maryland Public Service Commission is
persuaded increases are “necessary to maintain a reliable and safe
distribution system” and improve the experience for customers, officials
said. Public hearings on the matter of increasing energy rates were
held last month in Annapolis but drew little interest.
Read full article here from Capital Gazette
Read full article here from Capital Gazette
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