Maryland residents demand action against BG and E's rising utility rates

Utility regulation took center stage at the Baltimore City Council hearing on February 20, 2025, as residents voiced their frustrations over skyrocketing utility costs and inadequate service from Baltimore Gas and Electric (BG&E). The meeting highlighted critical concerns regarding the Stride Law of 2013 and BG&E's multi-year rate-making pilot, which critics argue have led to wasteful spending and profit guarantees for the utility company.

A key speaker pointed out that BG&E's gas delivery rates have tripled since 2010, with customers now paying nearly $2 for delivery for every dollar spent on gas itself. This alarming trend has resulted in BG&E's profits soaring to $527 million in 2024, raising questions about the alignment of utility profits with public good. The speaker emphasized that while profits are not inherently negative, they should not come at the expense of service quality or customer affordability.

Residents shared personal accounts of their struggles with rising utility bills. One individual expressed shock at their electric bill, which had doubled in a month, highlighting the burden of increased delivery charges. The sentiment was clear: many feel trapped by BG&E's monopoly on utility services, calling for stronger regulatory oversight to protect consumers.

The discussion also touched on the need for legislative changes, with advocates urging the repeal of the Stride Law and support for the Ratepayer Protection Act, which aims to introduce safety requirements and cost controls. The Public Service Commission (PSC) was called upon to reconsider BG&E's rate hikes and ensure that utility spending prioritizes safety and efficiency.

As the meeting concluded, the urgency for action was palpable. Residents and council members alike recognized the need for robust oversight of BG&E's spending and a reevaluation of policies that have allowed utility costs to spiral out of control. The call for reform is clear: Baltimore's utility customers deserve fair rates and reliable service.