BGE high utility price and background

The high utility price during this winter has shocked many people. I spent a lot of time to try to understand what’s happening and how we could fix. The Office of People’s Council did a great job. Here is their webiste: Maryland Office of People’s Counsel Home

A simple summary is that Exelon is using a strategy: the more they spend on infrastructure update, the more profit they can earn for their shareholders; then the more the ratepayer bear the cost for those infrastructure spending.

See the big difference among three major utility companies （BGE，Columbia Gas and Washington Gas)

Here are slides: