Submitted by Proper-Cheesecake602 t3_10lizr9 in baltimore
S-Kunst t1_j5xyafr wrote
Yes. Constellation is in the business of gouging. For decades customers have been gouged as too many, in the past, were passive and drank the cool-aid, pushed on them by our local governments, who dismantled long standing utility controls. Back in those days, private utilities were regulated and not allowed to increase rates without public hearings and government OK. Hospitals are nearly deregulated, as the government regulation seems to allow uncontrolled consumer rate hikes.
rdaredbs t1_j5ycla9 wrote
BGE isn’t owned by constellation anymore. They’ve split into two separate companies. BGE still has to apply for rate hikes through the PSC. There are still public hearings on each one of them.
Gas went up triple since last January. This is mainly because of the global shortage on natural gas. Good luck finding a better price for natural gas right now. Cold snap at Christmas is the coldest nights we’ve had in a few years. It’s written in plain English on your bill every month
YouAreADadJoke t1_j5yix27 wrote
When people don't understand economics, they frequently turn into conspiracy theorists.
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