Since deregulation, electricity rates for residents in Maryland have gone up 85%. Of course, no word from the most honorable Governor Martin O'Malley on relief for the citizens of Maryland. Maybe he plans to stimulate us instead.
Several elected representatives have pushed to have the power company re-regulated after sky high utility bills continue to spark complaints from around the state.
I am continually impressed by these two delegates. Unlike so many politicians, they keep it real. Some folks get elected, and it seems in a short while, they totally lose touch with the people who voted them in. Seeking only to secure the next election, or the next higher position in politics.
Also see:
AGAIN: BGE Seeks Rate Increase
Depression: BGE Parent CEO Taking Pay Cut

2 comments:
I'm glad to see some legislators are taking their obligations to the public interest seriously, and that they are not all like the out -of-touch, hypocrite, Sandy Rosenbergs of the world who sponsored the de-regulation which created this problem and has said NOTHING and done NOTHING to work towards re-regulation since.
Don't be fooled re-regulation won't lower rates of electricity. The Public service Commission has concluded as much. If you want lower rate. You can buy your power from a competitive supplier like Washington Gas Energy Services.They are selling it at 10% less than BGE.
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