Power to the Special Interests

Mon, 23 Jun 2008 21:34:13 +0000

A report by:
Public Campaign
Common Cause Maryland
Progressive Maryland

The cost to fill a gas tank has never been higher, the housing market is in crisis, and a majority[i] of Americans believe the country is in a recession. Pocketbooks are tight across the country. And this year, Marylanders are facing the extra burden of a sharp increase in the cost of electricity spurred by legislation passed in 1999 that deregulated and privatized the electric utility industry.[ii] Baltimore Gas & Electric (BG&E), which serves more than half[iii] of Maryland's 2.08 million households[iv], received a windfall of $1.15 billion[v] as its customers saw their annual utility rates rise by an average of $743 per household[vi].

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Power to the Special Interests