The Maryland Public Service Commission took its first step toward changing the way utility companies such as Baltimore Gas and Electric Co. set rates — a move the regulator said will provide more certainty to customers. An Aug. 9 order by the commission creates a working group of stakeholders to determine how best to implement what are known as multi-year rate plans. The method would set rates for a maximum of three years into the future. Maryland currently sets rates based on a historical test…
from https://www.bizjournals.com/baltimore/news/2019/08/12/mdpublic-service-commission-takes-first-step-to.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186961655417
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