BGE seeks increased gas, electric rates
Posted: 3:57 pm Mon, May 20, 2013
Baltimore Gas and Electric Co. has filed a request with the Maryland Public Service Commission to increase its gas and electricity distribution rates to its 1.2 million residential and commercial customers in Central Maryland by an average $7 a month.
The utility said it needs the increase to fund improvements to its distribution systems to enhance their safety and reliability. BGE said the proposed increases, if approved, would boost a typical residential electric bill by $4.41 per month, or approximately 4 percent.
The typical residential natural gas bill would increase by $2.50 per month, also approximately 4 percent.
The PSC will review the rate increase request and is expected to make a decision before the end of the year.