These two companies service the Baltimore metro area, the Maryland suburbs of Washington, DC and some surrounding rural counties.
- Baltimore Gas and Electric Co. is raising rates by 72%* (yellow on map)
- PEPCO is raising rates by 38.5%* (green on map)
See this Washington Post article. For example in a townhouse (1800 sq. feet) I share with a few friends (we rent) we pay on average 200$ a month for electricity (we use electric for heat and AC). With the 38.5% increase we are facing 280$ average monthly electric bills. Or almost an extra $1000 dollars a year.
People are hurting due to the increased costs. The great American consumer squeeze is accelerating.