Some BGE customers will see reduction in energy bills
Baltimore Gas and Electric Co. says its average residential customers who purchase electricity from the company will see a bill reduction of $11 a month.
The company said Wednesday that the bill reduction will start June 1.
The Baltimore Sun reported that the bill reduction is due to the lowest electric commodity prices in a decade and distribution rate reductions spurred by federal tax reform.
According to the BGE statement, customers are realizing the benefits of federal tax reductions that have resulted in monthly bill reductions amounting to $103 million in tax savings annually for customers.