Maryland PSC weighs BGE rate increase for customers
The Maryland Public Service Commission held a virtual public comment hearing on Baltimore Gas and Electric's proposed $156 million rate increase, which could raise the average customer's bil The Maryland Public Service Commission (PSC) is considering a $156 million rate increase for Baltimore Gas and Electric (BGE), which could raise the average customer's bill by $8 a month starting next year. The hearing highlighted the difficult choices many Marylanders face, including choosing between keeping their lights on, buying groceries, paying rent, and meeting basic needs. Nick Alexopoulos, a spokesperson for BGE, explained the necessity of the proposed increase, stating that it represents the minimum work required for maintaining a reliable grid. Cohen urged the PSC to lower BGE's rate of equity from 9.5% to 7.3%.
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The Maryland Public Service Commission held a virtual public comment hearing on Baltimore Gas and Electric’s proposed $156 million rate increase, which could raise the average customer’s bill by $8 a ... [1979 symbols]
