Baltimore Gas and Electric’s (BGE) approval of a $17.5 million contract for a specially outfitted utility truck has reignited public scrutiny over rising utility rates and the oversight of infrastructure spending in Maryland.
The expense, authorized by the Maryland Public Service Commission (PSC), will be distributed across BGE’s 1.3 million customer accounts. BGE has hiked rates by around 7% for electric bills and 9% for residential gas since January 1.
Exelon, the parent company of BGE, has a market cap of $44 billion…