26-0068R · City Council Resolution
Request for State Action – Reject Baltimore Gas and Electric Company’s Proposed $156.1 Million Electric Distribution Rate Increase
Status: Adopted
Assigned body: Baltimore City Council
Sponsors: Odette Ramos, Jermaine Jones, Zac Blanchard, Sharon Green Middleton, Mark Conway, Ryan Dorsey, Mark Parker, Zeke Cohen
Official title & purpose
Request for State Action – Reject Baltimore Gas and Electric Company’s Proposed $156.1 Million Electric Distribution Rate Increase FOR the purpose of calling on the Maryland Public Service Commission (PSC) to reject the electric distribution rate increase proposed by the Baltimore Gas and Electric Company (BGE), to reject the company’s request to increase the return on equity it receives for investments in its electric utility, and to reduce BGE’s return on equity for electric distribution from 9.5% to 7.3%.
Actions & hearings
Baltimore City Council
This City Council Resolution was Adopted