Baltimore Gas and Electric seeks $8 monthly rate increase for Maryland customers

Key Points:

• Baltimore Gas and Electric (BGE) has filed a rate hike request with the Maryland Public Service Commission, proposing an average increase of $100 per year on electric bills for over 1 million customers, equating to about $8 per month if fully approved.
• BGE states the rate increase is focused on maintaining the electric system's reliability and safety, including substations and essential maintenance, while introducing a new FlexPay program to help eligible customers prepay their energy use.
• BGE's president and CEO emphasized affordability concerns, noting the company delayed investments and reduced spending to essential maintenance only, warning that further delays could lead to more outages and higher future costs.
• Consumer advocates highlight that BGE electric delivery rates have nearly doubled since 2010, with profits rising from $147 million in 2010 to $578 million in 2025, and gas delivery rates tripling since 2010, raising concerns about excessive profit rates and customer service failures.
• The Maryland Public Service Commission will review the rate request over several months with public input, and any new rates would likely take effect in early 2027 pending commission approval.