Maryland PSC Sets New BGE Distribution Rates
December 16, 2023
December 16, 2023
BALTIMORE, Maryland, Dec. 16 -- The Maryland Public Service Commission issued the following news release:
In a unanimous decision, the Maryland Public Service Commission has authorized a rate increase over three years of just under $408 million for Baltimore Gas and Electric Company's multi-year rate plan (MYP), inclusive of both gas and electric service. For the first year of the multi-year plan, the Commission authorized the use of federal tax credits to partially offset the rate . . .
In a unanimous decision, the Maryland Public Service Commission has authorized a rate increase over three years of just under $408 million for Baltimore Gas and Electric Company's multi-year rate plan (MYP), inclusive of both gas and electric service. For the first year of the multi-year plan, the Commission authorized the use of federal tax credits to partially offset the rate . . .