Hearing on BGE Rate Hike Wednesday
The utility is asking for an increase - have your say at a public hearing in Ellicott City.
Think your gas and/or electricity bill is too high? You might want to head to George Howard Building this week, for a hearing concerning Baltimore Gas and Electric’s request to raise rates. BGE wants to raise about $175 million in the first year of the rate hike, according to the Baltimore Sun, to pay for infrastructure improvements. The rate change would raise the typical residential distribution rate for electricity about $6.62 a month and the typical gas rate by about $4.26, the Sun reports. The utility’s last rate hike was approved more than two years ago - a $1.34 per month raise for the typical residential electric customer and 84 cents for gas, according to the Sun. Wednesday’s hearing comes on the heels of a Howard County Council …
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11:10 am on Wednesday, January 16, 2013
This hearing is on BGE's request is increase it's distribution (delivery) rates. There are 2 main components to BGE's electricity and natural gas service. They are 1) the cost of the electricity or natural gas supplied, and 2) the cost to deliver it to a property. BGE already has approval from the MD Public Service Commission to increase the price it charges for the electricity (commodity) it … more ›