Baltimore Gas and Electric Co. wanted to聽聽starting Aug. 1. But state regulators said Monday that the proposed rate increase will require months of review and, if ultimately approved, won鈥檛 take effect until at least January.
The utility company last week filed a $156.1 million rate case with the Maryland Public Service Commission 鈥� a move that would increase residential customers鈥� electric bills by an estimated average of $8 per month.
In its filing, BGE said the rate increase was necessary to 鈥渟ustain a safe and reliable system.鈥� Without the funds, the region was at risk of longer, more frequent and more expensive power outages.
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