City of Baltimore - File #: 10-0229R

• File #: 10-0229R
• Version: 0
• Name: Informational Hearing - BGE Application for Electric and Gas Rate Increases
• Type: City Council Resolution
• Status: Failed - End of Term
• File created: 10/18/2010
• In control: City Council
• Title: Informational Hearing - BGE Application for Electric and Gas Rate Increases FOR the purpose of inviting the President and CEO of Baltimore Gas and Electric Company to address the Council on the company’s application to the Maryland Public Service Commission to revise electric and gas base rates; the number and frequency of late or non-payment by Baltimore City residents under the current rate structure; the average increased cost of utilities to residential households; and measures in place or under consideration to lessen the impact of the proposed rate increases on the economically challenged citizens of Baltimore City.
• Sponsors: President Young, Nicholas C. D'Adamo, William H. Cole, IV, Carl Stokes, Warren Branch, Helen L. Holton, Mary Pat Clarke, Sharon Green Middleton, Agnes Welch, Bill Henry, James B. Kraft
• Indexes: BGE, Resolution

Date	Ver.	Action By	Action	Result
12/6/2010	0	The City Council	Reassigned
10/18/2010	0	City Council	Introduced
10/18/2010	0	City Council	Assigned

* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)

Introduced by: President Young

A RESOLUTION ENTITLED

A COUNCIL RESOLUTION concerning
title
Informational Hearing - BGE Application for Electric and Gas Rate Increases

FOR the purpose of inviting the President and CEO of Baltimore Gas and Electric Company to address the Council on the company’s application to the Maryland Public Service Commission to revise electric and gas base rates; the number and frequency of late or non-payment by Baltimore City residents under the current rate structure; the average increased cost of utilities to residential households; and measures in place or under consideration to lessen the impact of the proposed rate increases on the economically challenged citizens of Baltimore City.
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Recitals

On May 7, 2010, officials from BGE presented testimony before the Maryland Public Service Commission (PSC) to demonstrate the need for an increase in its electric distribution revenue requirement of $110.8 million and an increase in its gas distribution revenue requirement of $42.4 million. However, because of a settlement agreement in March 2008, BGE cannot be awarded an increase in its electric distribution revenue requirement of more than $46.9 million.

Following the presentation to the PSC, on October 5, BGE began a series of evening hearings for public comment in Bel Air, Towson, Baltimore City, Annapolis, and Columbia and also presented an opportunity for written public comments. ...