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BGE Rates Rising Again


Last Update: 5/01/2008 6:18 am
Possible Rebate for BGE Customers (Associated Press)
Possible Rebate for BGE Customers (Associated Press)
Click Here to Watch the Video A new report by state regulators shows most Baltimore Gas & Electric customer are facing another increase in electricity rates.
  
The report by the Maryland Public Service Commission says the nearly 8 percent increase, which takes effect in June, will add about $137 to the typical homeowner's annual bill. The rising cost of natural gas, coal and other fuels is being blamed primarily for the increase.
  
The June increase, combined with previous rate increases, means BGE's 1.1 million residential customers will be paying 88.5 percent more for electricity than before deregulation legislation was passed in 1999.
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