* 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: Councilmember Cohen
A Resolution Entitled
A Council Resolution concerning
title
Request for State Action - Reject Baltimore Gas and Electric Company’s Proposed Multi-Year Rate Plan
For the purpose of calling on the Maryland Public Service Commission to reject the multi-year rate plan proposed by the Baltimore Gas and Electric Company.
body
Recitals
Whereas, in 2020, the Public Service Commission (PSC) approved a pilot program to implement multi-year rate plans (MYPs) and the Baltimore Gas and Electric Company (BGE) was granted an MYP to implement a series of rate increases over 3 years on December 16, 2020, less than 3 years ago;
Whereas, BGE has subsequently submitted an application to PSC for a new MYP in February 2023 and PSC will hold an evidentiary hearing on the application from August 30 to September 8, 2023;
Whereas, BGE proposes to increase gas distribution rates by 61 percent and electric distribution rates by 31 percent over a 3-year period, relative to 2023 rates;
Whereas, the Maryland Office of People’s Counsel estimates that the MYP would raise the average gas customer’s monthly winter bill by 70 percent between 2020 and 2026 and would raise the average electric customer’s monthly bill by 44 percent over the same period;
Whereas, a 2023 report by Physicians, Scientists, and Engineers for Healthy Energy and the Institute for Energy and Environment Research revealed that nearly 30 percent of Baltimore ...
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