Maryland consumer watchdog calls for investigation into BGE's stalled Baltimore Peninsula project [CBS News]
Under Armour, Inc. Class C (UA)
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Source: CBS News
The consumer watchdog group is warning that in the coming decades, residents could face higher utility bills if the project fails to attract more commercial businesses. The OPC filed a petition asking Maryland's Public Service Commission (PSC) to require BGE to provide more information about its plans for the project. The petition also questions who will foot the bill if the plans are carried out. A spokesperson for BGE explained that the projects will not go into rate base until they are up and running. BGE's Baltimore Peninsula expansion project In 2016, BGE planned the $500 million transmission and distribution infrastructure expansion project on the Baltimore Peninsula. "In addition to expanding grid capacity to support local reliability as well as economic growth, these projects will ensure electric service for customers throughout South Baltimore and help lay the foundation for a more electrified future. Above all, these investments are the right thing to do for our c
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