Baltimore Gas & Electric Co. filed a multi-year rate plan Friday proposing to keep utility rates frozen for the next two years and then seek $235 million in total increases in 2023 to support ongoing infrastructure investments.
The filing details how BGE will invest $5 billion from 2021 to 2023 in the electric grid and natural gas system. CEO Carim Khouzami said BGE’s proposal achieves a balance of providing near-term relief for customers struggling to deal with the impact of Covid-19 while providing…