Some of Maryland’s largest utilities have hiked their rates by multiples of two or three since 2010, far outpacing the rate of inflation, according to a new report.
The Office of the People’s Counsel, which acts as a utility watchdog group in the state, said customers served by subsidiaries of Exelon Corporation — such as Baltimore Gas and Electric, Pepco and Delmarva Power — have been hit the hardest. The OPC is highlighting the hikes in bills as it calls for something to be done about them.
There are a number of factors that go into the final cost of your electric bill, but the part the utility controls is referred to as the “delivery rate,” Maryland People’s Counsel David Lapp said.
According to his office, BGE’s delivery rates have more than tripled over the past 14 years, while fellow Exelon subsidiaries Pepco and Delmarva Power have more than doubled their electric distributions rates over the same period.
Click here to read the rest of the article written by Thomas Robertson over at WTOP
