The Environment in Focus
Twenty years ago, following a trend of Republican-style free-market deregulation across the country, the Democratic-led Maryland General Assembly passed a law called the Electric Customer Choice and Competition Act of 1999.The whole point of the law was to make electricity cheaper for average folks. The idea was to give people the freedom to choose whether to keep buying from old-fashioned, regulated public utilities like BGE or PEPCO, or sign contracts with a whole galaxy of new, unregulated electric providers.Utility executives who pushed the scheme made millions.But customers did not make out so well. Two decades after the deregulation law passed, a pair of authoritative reports -- by the Maryland Office of People’s Counsel and the Abell Foundation -- have concluded that Maryland rate payers were ripped off and are now paying more, not less, as promised.
The Environment in Focus
“Green” Energy Price Gaps Raise Questions About Transparency
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