March 11, 2009

In 1999, Maryland deregulated electric rates. A growing number of voices feel it was a mistake that's created profit monopolies for our largest power providers and tangled up our energy needs in big business politics. The result? Basic utilities have become a financial burden for many members of our community.

In 1999, Maryland deregulated electric rates. A growing number of voices feel it was a mistake that’s created profit monopolies for our largest power providers and tangled up our energy needs in big business politics. The result? Basic utilities have become a financial burden for many members of our community.

The idea behind deregulation was to encourage exactly the opposite: allowing companies to compete for customers was supposed to drive down prices. What happened, and what do we do now?

Today’s panel included:

The telephone number for the Office of External Relationships, which Doug mentions as a resource for people who’ve seen extreme rate hikes, is 410-767-8028.

For more information on the initiative to re-instate regulation of electric rates, please visit Re Reg Electric Rates.

 

Written by Marc Steiner

Marc Steiner

The Marc Steiner Show currently airs on The Real News Network. The show covers the topics that matter, engaging real voices, from Charm City to Cairo and beyond. Email us to share your comments with us.

1 Comment

  1. Sharen R. Biggs says:

    I have a 3,000 BGE bill why the bill is this much! I decided to just bite the bullet I contacted bge to make payment arrangements they denied me! I am a federal govt employee who is home with no lights! Who can help me?

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