Great job PSC.
Is the $2.70 per month charge for BGE's natural gas on top of the $2/month surcharge for natural gas companies already approved by the MD General Assembly?
BGE customers to see rate increase
$3.33 extra a month for average residential electric customer, $2.70 extra for natural gas
February 22, 2013|By Jamie Smith Hopkins, The Baltimore Sun
Baltimore Gas and Electric Co. customers will be paying higher rates this year, with the average bills rising by several dollars a month, to cover the cost of upgrading the utility's infrastructure.
Maryland's Public Service Commission, which regulates the company, said Friday it approved an increase to distribution rates that will cost the average residential electricity customer an additional $3.33 a month and the average residential gas customer an extra $2.70 a month. The utility had sought larger rate increases.
The commission shaved 35 percent off the utility's request, which also included higher commercial rates. BGE will receive about $113 million annually from the rate increase, money that is largely for gas mains, poles and other infrastructure and projects related to safety and reliability — such as tree trimming around electrical wires.
The new charges go into effect Saturday....
General Assembly approves natural gas surcharge bill
Posted: 11:56 am Thu, February 7, 2013
By Associated Press
ANNAPOLIS — Natural gas companies would be able to seek a surcharge of up to $2 on monthly gas bills to help recover costs for replacing aging infrastructure, in a measure approved by state lawmakers Thursday.
The Senate voted 35-12 after spirited debate. The House of Delegates’ vote was 120-17. The measures are similar and any differences will need to be worked out for the legislation to go to Gov. Martin O’Malley.
Lawmakers who supported the bill said companies need the cash to help replace aging pipes and address safety concerns. Supporters also say the surcharge would have to be approved by the Public Service Commission, and the money wouldn’t be charged until work was done to improve infrastructure....