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yeaughourdt t1_j6jo1eg wrote

I used less gas this December billing period vs December 2021 and yet my bill was $100 higher. The natural gas rate went from 64 cents per therm to 95 cents during that time, so there's the problem.

The global NG market was tight for the fall and early winter as Europe disengaged from Russian gas and replaced with other sources, but the market price of NG is back down now. Not sure if the rate we pay will go down at all in January or if BGE will keep pocketing the difference as long as it can.

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llaatteennccyy OP t1_j6js4vb wrote

knowing them, they'll pocket the difference. it's reprehensible of them to pass so much of the losses on to their customers, especially given that they're the monopoly.

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