1/28/08 Steve Larsen

At noon, a topic I know some of our listeners follow very closely… while some of you might just wonder how you’re going to pay a $450 BGE bill this month, which, by the way, is slightly less than the bill that arrived at my house last week.

Something for everyone, then: Steve Larsen, Chairman of the PSC (Public Service Commission, more info on both Steve individually and the PSC as a whole here) joins us to discuss the ongoing investigation into Maryland’s 1999 energy deregulation deal, that led to a 72% rate hike for more than 1 million BGE customers last year, and could be followed by higher increases soon.

If, indeed, consumers got a bad deal, what should/can be done now?  Should Maryland consider re-regulating?  How about seeking monetary compensation from Constellation Energy in court?  Last August, Illinois reached a one billion dollar settlement with a coalition of power suppliers over contentious rate hikes there.  Read one account of it, from EnergyBiz Magazine, here.  Please join us with your questions for Steve Larsen on the air at noon (866-661-9309 or thesteinershow@wypr.org) and don’t forget to post your thoughts here, as well.

-Justin