Baltimore Gas and Electric
 | |
| Industry | Electric power and Natural gas |
|---|---|
| Headquarters | Baltimore, Maryland[1], United States |
Area served | Baltimore metropolitan area[2] |
| Parent | Exelon Corporation (NYSE: EXC) |
| Website | www.bge.com |
Baltimore Gas and Electric Company (BGE) is a subsidiary of Exelon Corporation and Maryland’s largest gas and electric utility. BGE was a subsidiary of Constellation Energy when that company was acquired by Exelon in 2012.[3]
Headquartered in Baltimore, BGE provides service to more than 1.2 million electric customers and more than 650,000 natural gas customers in central Maryland.[4]
Operations
BGE’s electric service territory includes Baltimore City and all or part of Anne Arundel, Baltimore, Calvert, Carroll, Harford, Howard, Montgomery, and Prince George’s counties.
Exelon-Pepco merger
The Maryland Public Service Commission approved the merger of Exelon and Pepco Holdings in May 2015;[3] their approval was required due to BGE's subsidiary status relative to Exelon. The merger, which would set Exelon as the controlling interest for 80% of Maryland's consumer electricity market, has been met with significant opposition within Maryland due to concerns over the potential for major electricity cost increases.[3]
References
- ↑ "About Us". bge.com. Baltimore Gas and Electric Company. Retrieved 9 March 2015.
- ↑ "Service Territory". bge.com. Baltimore Gas and Electric Company. Retrieved 9 March 2015.
- 1 2 3 Wells, Carrie (15 May 2015). "Public service commission approves Exelon-Pepco merger on 3-2 vote". Baltim. Sun.
Under state law, the PSC was allowed to approve the merger only if it resulted in "no harm" to consumers and was in the public interest. Critics, including Frosh and the Maryland Energy Administration, said the merger met neither obligation and urged the PSC to reject it.
- ↑ "Facts and Figures". Baltimore Gas and Electric. Retrieved 21 September 2012.