Maryland People's Counsel Paula Carmody '80 is quoted in The Baltimore Sun on Baltimore Gas and Electric Co. asking Maryland regulators for permission to raise rates for the distribution of electricity and natural gas. Executives delayed filing the rate case while BGE's former parent company, Constellation Energy Group, finalized a merger with Exelon.
"I'm not surprised they are going to come in for a rate case so soon after the merger, but I'm pretty disappointed," said Paula M. Carmody. While the company presented the plans for a rate case as an indication of its commitment to a successful merger, "I don't think customers are going to consider an increase in their rate to be a sign of a successful merger."