BGE Asks for Rate Increase to Upgrade Grid
Baltimore Gas and Electric filed a request Friday with the state to increase the monthly rates Maryland customers pay in order to make improvements to its power system.
Baltimore Gas and Electric (BGE) customers could soon see their electric bills go up by $7.22 per month and their gas bills by $4.62 per month, according to the Capital Gazette. The company filed a request Friday with Maryland's Public Service Commission (PSC) to increase gas and electric distribution rates for both residential and commercial customers. “There’s never a good time to seek a rate adjustment, especially now that we know so many of our customers are struggling in this economy,” BGE spokesman Rob Gould told the Capital. “But not making these adjustments is not an alternative if we want to keep delivering (gas and electric) efficiently, reliably and safely to our customers.” BGE plans to spend about $3 billion on systems …
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Paul
11:19 am on Thursday, May 2, 2013
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