BGE Plan to Pass Federal Tax Reduction Savings to Customers Accepted by Maryland Public Service Commission
Exelon Corporation (EXC)
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Source: Business Wire
BALTIMORE--(BUSINESS WIRE)-- The Maryland Public Service Commission today accepted BGE’s proposal to provide approximately $103 million in annual tax savings to customers beginning Feb. 1, 2018. "This is a positive outcome for BGE customers, and we are appreciative of the Public Service Commission’s decision to accept our proposal to convert tax savings to reduced rates," said Calvin G. Butler Jr, chief executive officer of BGE. "We are pleased to have another opportunity to further reduce the average BGE residential customers’ total bills, which remain below levels from a decade ago.” The average BGE residential electric customer will receive an estimated $2.91 decrease on their monthly bill, and the average residential combined natural gas and electric customer will receive an estimated $5.41 monthly reduction. Commercial customers will also receive monthly bill reductions. Reduced rates for al
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EXC
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Sec Filings
- 4/19/24 - Form POS
- 4/10/24 - Form SC
- 4/9/24 - Form DEFA14A
- EXC's page on the SEC website