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Higher BGE rates might be worth it
Say this for Baltimore Gas & Electric Co., they have a curious sense of timing. Six years ago, they sought a 72 percent rate increase at the same time that their parent company was seeking approval for a merger — and in the middle of a gubernatorial election. That didn't go so well. Now the company is seeking a rate increase — albeit a much more modest one — just after hundreds of thousands of its customers were without power, some of them for more than a week, raising the ire of residents and politicians alike. The last thing those who were in the dark for several sweltering days likely want to hear is that they'll soon be paying more.
July 27, 2012