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BGE to Freeze Customers’ Base Rates Through 2022

MyBGE has announced significant support along with the Maryland Public Service Commission to freeze customer base rates through the end of 2022. The new investment plan is in support of the Region’s recovery from the COVID-19 crisis. BGE will also invest $5B in the electric grid and natural gas system which serves 1.3M electric customers and 680,000+ natural gas customers, according to The Daily Record. The investment will support more than 26,000 jobs and have an impact of $15B. Learn more about BGE’s investment plan and economic impact in the “Economic Impact of Baltimore Gas and Electric’s Planned Investments and Activities - 2021-2023” study prepared by the EAGB.

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