Profits Before People: The Real Reason Maryland Power Bills Keep Rising
3 Articles
3 Articles
Profits Before People: The Real Reason Maryland Power Bills Keep Rising
As Marylanders endure another hot summer, skyrocketing power bills have sparked understandable frustration. Maryland Energy Administration Director Paul Pinsky and BG&E Vice President Mark Case have both weighed in on what’s driving these costs. Both point to the same culprit, the competitive energy market, but the data tells a different story. A recent study by the Electric Power Supply Association (EPSA) and Energy Tariff Experts, supported by…
Maryland Power Bills Rise Due to Increased Transmission Costs and Utility Profits
As Maryland residents grapple with escalating power bills during a sweltering summer, a closer examination reveals a troubling trend beyond the often-blamed competitive energy market. According to a study by the Electric Power Supply Association (EPSA) and Energy Tariff Experts, with support from Energy + Environmental Economics, power generation costs, accounting for less than half of the average electric bill, have actually declined by 20% ove…
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