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Posted at 1:27 PM ET, 10/29/2010

Lower electricity rates for BGE customers

By Washington Post editors

Baltimore Gas & Electric says its 1.2 million central Maryland customers will pay significantly less for electricity starting next summer.

The utility says customers will likely save an average of $192 a year thanks to falling energy prices. BGE has already locked in most of its supply for the 12-month period beginning in June.

The rates are expected to be about $28 less a month than at their peak two years ago.

Wholesale electricity prices have been dropping because of declining costs for natural gas and a decreased demand for power.

BGE projects that its rate will decrease 11 percent. Other utilities in Maryland are also predicting big drops — 15 percent for Pepco and 12 percent for Delmarva Power.

BGE is owned by Constellation Energy Group.

-- Associated Press

By Washington Post editors  | October 29, 2010; 1:27 PM ET
Categories:  DC, Maryland  
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Comments

BGE announced today that its residential electricity rates will decline 11% in June 2011. But BGE residential customers don't have to wait until then to reduce the cost of their electricity. They can do it now.

BGE now charges residential (schedule R) customers 11.083 cents per kWh for electricity supply. BGE’s customers can get their electricity supply at 8.9 cents per kWh from Washington Gas Energy Services (WGES). BGE delivers it.

To get WGES' 8.9 cents per kWh price offer, customers need WGES’ promotional code. Here it is. Go to www.wges.com . Where it asks "New to WGES? Enter your promo code here:" enter code: EAHOME-EA1016 .

If a BGE customer enrolls with WGES, WGES will supply the electricity supply at 8.9 cents per kWh. BGE delivers it, responds to emergencies, reads the meter, and does the billing. None of that changes. There is no service interruption. Nothing is connected or disconnected.

If a customer is on BGE's budget billing plan, he can continue paying that way. If he moves, he can terminate your WGES supply agreement without penalty.

Posted by: mstrotz1 | October 29, 2010 6:04 PM | Report abuse

BGE announced today that its residential electricity rates will decline 11% in June 2011. But BGE residential customers don't have to wait until then to reduce the cost of their electricity. They can do it now.

BGE now charges residential (schedule R) customers 11.083 cents per kWh for electricity supply. BGE’s customers can get their electricity supply at 8.9 cents per kWh from Washington Gas Energy Services (WGES). BGE delivers it.

To get WGES' 8.9 cents per kWh price offer, customers need WGES’ promotional code. Here it is. Go to www.wges.com . Where it asks "New to WGES? Enter your promo code here:" enter code: EAHOME-EA1016 .

If a BGE customer enrolls with WGES, WGES will supply the electricity supply at 8.9 cents per kWh. BGE delivers it, responds to emergencies, reads the meter, and does the billing. None of that changes. There is no service interruption. Nothing is connected or disconnected.

If a customer is on BGE's budget billing plan, he can continue paying that way. If he moves, he can terminate your WGES supply agreement without penalty.

Posted by: mstrotz1 | October 29, 2010 6:04 PM | Report abuse

BGE announced today that its residential electricity rates will decline 11% in June 2011. But BGE residential customers don't have to wait until then to reduce the cost of their electricity. They can do it now.

BGE now charges residential (schedule R) customers 11.083 cents per kWh for electricity supply. BGE’s customers can get their electricity supply at 8.9 cents per kWh from Washington Gas Energy Services (WGES). BGE delivers it.

To get WGES' 8.9 cents per kWh price offer, customers need WGES’ promotional code. Here it is. Go to www.wges.com . Where it asks "New to WGES? Enter your promo code here:" enter code: EAHOME-EA1016 .

If a BGE customer enrolls with WGES, WGES will supply the electricity supply at 8.9 cents per kWh. BGE delivers it, responds to emergencies, reads the meter, and does the billing. None of that changes. There is no service interruption. Nothing is connected or disconnected.

If a customer is on BGE's budget billing plan, he can continue paying that way. If he moves, he can terminate your WGES supply agreement without penalty.

Posted by: mstrotz1 | October 29, 2010 6:04 PM | Report abuse

KaChange.com is a new and easier way to find and sign up with an alternative utility supplier. BGE customers can pick the best rate available on KaChange.com, and start saving in under 2 minutes.

http://www.kachange.com/

Posted by: kachange | October 30, 2010 6:55 PM | Report abuse

I'm so glad to have a choice now! We're not only going to save money, but the company we chose offers customers a wonderful loyalty program that includes free travel rewards and free electric. Save money & get rewarded?! I like that! Check out their rates & incentives for yourself.

www.energycentral.joinambit.com

Posted by: ecentral1 | November 1, 2010 5:08 PM | Report abuse

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