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Old 03-08-2006, 04:51 PM
gonavy gonavy is offline
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Real Name: Bryan
Location: Severna Park, MD
Hybrids: HAH...waiting for the Fusion
Posts: 1,089
Default MD electric price 70% jump Jul 1st

July 1st, BGE's electric rates become unfrozen. They've been constant since 1999 at $.0675/kWH (time-of-day meter average plus xmission charge). The national avg is somewheres around 11 cents, so we're really just steping up to the market average- still not bad considering this is one of the higher cost-of-living regions nationally and BGE is about 80% coal-fired (one nuke plant, and a few small cogens). It's the one-time jump that will hurt.

This period was to have seen the elusive competitive power market develop here. There are 2 other choices for residential electric- both coal-sourced, unfortunately

I am very curious to see what (uninformed) outrage develops here. It's never been a secret; its just hitting home now. IMHO the utility and gov't were not aggressive enough in bringing in and qualifying other generation sources, and the uncapping probably should've started a couple of years ago instead of all at once.

AZCivic- if you are reading, here's a chance to come out here and run a seminar for people on saving energy around the house- you'll make a killing after the 1st billing cycle goes out!

I might quit my day job and join a PV solar installer...
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