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BGE, which serves 1.3 million electric customers and 700,000 natural gas customers in Central Maryland, said the proposed rate increases would allow it to invest nearly $2.3 billion a year through ...
Since 2010, BGE’s electric delivery rates increased at an annual rate of over 4.5%, from 2.5 cents/kwh to 4.8 cents today, while over the same period the rates of Maryland’s largest non-Exelon ...
BGE hiked up their rates starting Jan. 1. The utility company increased the average gas bill by 9% and electric bill by 7%. But that's just part of the reason why your bill is higher.
That can be considered a rate hike. But it is not a rate hike that is controlled by BGE or driven by BGE. This is a function of market forces," Alexopulos explained.
The bill launched the $200 million Legislative Energy Relief Refund, to assist those most impacted by increased energy costs.
Baltimore Gas and Electric and Delmarva Power customers will see their electric rates increase on average by about $16 a month beginning on Sunday. However, the Maryland Public Service Commission ...
ALSO READ| Baltimore City Council starts petition to end BGE rate hikes. Ollie Richardson, another resident, expressed frustration over his non-functional gas stove, despite a soaring gas bill.
Fourteen former Baltimore Gas and Electric employees are petitioning to intervene in the utility company’s case with the Maryland Public Service Commission over proposed rate hikes, contending ...
At the same time, BGE's gas distribution rates have nearly tripled since 2010. Last year, BGE ended the year with more than $500 million in net income, according to SEC filings.
The PSC approved a multi-year rate increase for BGE in 2023, which, if completed, would spread more than $400 million in rate increases over three years – 2024, 2025 and 2026.
The Baltimore City Council, led by Council President Zeke Cohen (D), announced a series of investigative hearings at Baltimore City Hall to address Baltimore Gas and Electric’s (BGE) rate increases.