Baltimoreans: Avoid BGE's Upcoming Rate Hike by Finding a Low-Cost Electric Provider

On Monday, December 6, 2010, Maryland’s Public Service Commission (PSC) approved a rate increase proposed by Baltimore Gas and Electric, the state’s largest electric and gas utility company. The rate hike applies to BGE’s electric and natural gas distribution service and will increase the monthly electric bills of over one million BGE customers throughout the state, including residents of Baltimore County.

There is a simple and free way for current BGE customers to avoid the company’s upcoming rate hike, however. Basic economic theory tells us that the more companies that compete for consumers’ business (and money) in an industry, the more competitive and lower the prices. To that end, Maryland’s state government approved an initiative known as electricity deregulation, which opens the door for alternative electric providers to sell cheaper electricity to consumers at a lower rate.

Maryland consumers can transfer their electric service from BGE to an alternative, more affordable electric provider in just 10 minutes. The process is simple and 100% free. Consumers can go online to compare the electric rates of alternative Maryland electric providers and transfer their service to the provider offering the lowest rates in their town.

In addition to lower electric rates, alternative MD electric providers offer more flexible billing plans, eco-friendly energy alternatives, and fixed or variable rate plans. Maryland’s many alternative providers know that more options plus lower electric rates is the key to satisfied customers!

If you’re ready to pay less for electricity and say "no" to BGE’s unwarranted rate hikes, switch to a low-cost Maryland electric supplier today. Thousands of Baltimore residents and business-owners have already transferred their service and, in doing so, are saving hundreds of dollars a year on their electric bills. Now it’s your turn.Simply sit back and enjoy a lower BGE electric bill.