Customer bills stayed flat in 2021 due to tax offsets; effective
As authorized by the PSC, BGE customers' bills stayed flat in 2021 through the use of certain tax benefits and adjustments to offset approved rate increases. As authorized by the PSC, delivery service rates have increased beginning in
BGE's energy infrastructure investment plan includes more than 300 projects and maintenance programs for the period 2021-2023. Examples include:
- Enhancing energy infrastructure supporting the growth of important economic development sites, such as the continued grid enhancements to the Tradepoint Atlantic Redevelopment site.
- Installing smart automation equipment to more quickly identify and circumvent damage to the electric grid and reduce the frequency and duration of power outages.
- Replacing outmoded technologies, such as limited capacity 4kV electric systems, to improve reliability, enable greater adoption of solar energy and electric vehicle charging and to increase capacity in areas where redevelopment adds additional customer demand.
- Preparing the grid for extreme weather with continued tree trimming and vegetation management to ensure power line clearance and improve reliability during extreme weather events.
- Replacing outmoded natural gas pipeline segments using modern technologies and installing over-pressurization protection equipment to improve safety and reliability.
Customers are benefitting from infrastructure investments by BGE over the past decade. Power outages have declined by more than 38 percent and when customers do experience a service interruption, their power is restored nearly 40 percent faster today. Hundreds of miles of natural gas pipes are being replaced at an accelerated pace, which results in a safer, more efficient gas system that will reduce annual greenhouse gas emissions in central
BGE recognizes that many customers may still be impacted by the on-going global pandemic and will have difficulties facing increased utility bills. As a reminder, BGE offers Bill Payment Assistance and Payment Arrangements for customers. More information can be found at www.bge.com/covid19.
More information on BGE's multi-year plan is available at bge.com/myp.
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