Comments on: MD Electricity Rate Cap Legislation Dies

By: jim

jim — Thu, 11 May 2006 17:57:46 +0000

I’m curious how he’s going to spin it because the Baltimore Sun hasn’t been too kind to him or the chairman of the PSC …

By: kritter

kritter — Thu, 11 May 2006 16:50:22 +0000

My biggest fear is that not only will we be eating the 72% BG&E increase, the governor will tout the deferment plan that he worked out with the utility company as a victory for consumers (which it is not), and blame the General Assembly for their failure to reach an agreement before adjourning. I really wish they would have overridden Ehrlich’s veto on Constellation Energy’s merger with FP&L, because that was the only leverage that we had. Ehrlich has shown his true colors, and this issue will definitely hurt him come re-election time.

By: D

Wed, 12 Apr 2006 17:32:30 +0000

As someone that used to work for the Maryland PSC as of last year, I can tell you I saw all of it coming. The sad part about this regulatory agency is that it is so politically influenced. When Ehrlich came into office, he replaced the Chairman, who in turn fired 4 of the directors at the PSC who shared a more “business oriented” view. This was all less than 2 years ago! There has been an apparent and clear turn for the worse at the PSC, which is the reason I jumped ship! With the current commissioners placed by Erhlich, this is what you can expect. I’m just glad it’s been brought to light — maybe this will keep them semi-honest.

By: Nick

Nick — Tue, 11 Apr 2006 14:17:25 +0000

I wonder what all this is gonna mean for BGE’s neighbor to the west, Pepco. A know a lot of people out here who would be hurt by even a 20% rate hike.