Report finds ‘staggering’ utility hikes in Maryland since 2010
Baltimore Gas and Electric Co.’s gas delivery rates have more than tripled since 2010, with statewide utility rates following suit.
“These increases reflect a concerted utility effort to boost profits by accelerating capital infrastructure spending — including massive spending on gas infrastructure …”
Reply from BGE:
“Customers are becoming more reliant on safe and reliable energy to power their lives and livelihoods while we are also facing increased threats to the resiliency of our infrastructure, including cyber intrusions and more frequent severe weather brought by climate change.
“The energy infrastructure investments we make now will ensure we can continue to meet our customers’ needs and lay the foundation for the State of Maryland to reach its goal of net zero emissions by 2045.”
(via Baltimore Sun)