BGE: Monthly bills to drop by $11, starting June 1
BALTIMORE (WBFF) - BGE said customers' electric bills will drop by $11 per month starting June 1, "due to the lowest electric commodity prices in a decade and distribution rate reductions spurred by federal tax reform."
BGE announced earlier this year it would take advantage of President Trump's tax reform to lower bills.
The utilities company also says the average customer's monthly bill remains lower than in 2008.
"Customers are reaping the benefits of historic commodity prices and BGE's innovative and effective efficiency programs. Customers have greater control over the cost of their electric service through managing their energy use, which lowers their bills and helps us meet our efficiency goals," said Rodney Oddoye, vice president and chief customer officer for BGE, in a news release.