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May 17, 2006
Governor Robert L. Ehrlich, Jr.
State House
Annapolis, MD 21401
Dear Governor Ehrlich:
The proposed 72% increase in electricity rates for customers of the BG&E
service territory demands a comprehensive solution that addresses this
matter responsibly and compassionately for every stakeholder. Meeting
with our constituents in the 41st district, we learned that three issues
are important to consider:
1. True rate relief;
2. Prevention of the circumstance that created and exacerbated the
current situation; and
3. Long-term protection of rate payers’ interest.
Real solutions and change will require thoughtful deliberation and
courage. We must, however, move quickly to craft a reasonable solution.
We urge the convening of a special session of the Maryland legislature
to pass legislation that arrests the 72% increase of the electricity
rate of BG&E customers.
The constituents of the 41st District in Baltimore City deserve the
attention of the entire state in this important matter. A 72% increase
in electricity rates affects so many lives in ways that are poignant,
convincing and ongoing.
Last week, Ronnie Rosenbluth, the proprietor of Tov Pizza, reminded us
that he owns one of the oldest ongoing businesses on Reisterstown Road.
He explained what the increase will do to his operation.
He may have to seek vendors from other states, as local vendors are
passing the increased electricity rates into the cost of their products.
Ronnie has studied his menus from earlier decades and noted that the
foods he offers today continue to be reasonably priced.
Good value is the hallmark of his business and while raising prices is
always an option, he is loathe to alter his business ethic. He struggles
with solutions to the increase and realizes that laying off employees is
also an option. The painful reality is that when local businesses
suffer, the community suffers.
We also heard from an elderly neighbor who asked why was there an
increase in her budget bill a month earlier. The explanation she
received was that the higher rate reflects the increased cost of natural
gas and that an additional increase would be coming soon to reflect the
new price for electricity. The look on her face was one of astonishment
and horror. What choices would she have to enable her to keep her lights
or air conditioning running during the summer?
As the 41st District legislators, we hear these stories with increasing
frustration. We must speedily enact sound legislation. The 41st District
team proposes:
Call a special session and pass legislation that immediately provides
true rate relief for BG&E rate payers.
The bill should contain the following provisions:
1. Apply the $400 million identified as “merger savings” to BG&E rate
payers as credits applied to electricity bills;
2. Next year, recover the $528 million in stranded costs that never
materialized but were financed by Marylanders over the last seven years.
Convert the return to a credit to rate payers;
3. Restructure the membership of the PSC to better reflect the needs of
all rate payers;
4. Restructure the Office of People’s Counsel to protect the interests
of rate payers with effective advocacy;
5. Study the impact and possibility of competition in the retail market.
Could it exist and can it work soon in Maryland? Study the impact
aggregation would have on rates. Complete the study by December 2006;
6. Require the PSC to establish regulations that limit utility company
profits to a “reasonable” return. Define “reasonable,” as the law did
before 1999, and return excess profits to rate payers;
7. Examine executive compensation in the manner in which we examined and
limited compensation of Care First executives;
8. Require utility companies to present to the public an
energy/electricity plan by September of every year that outlines and
establishes strategies and expectations for the upcoming winter season;
9. Require the PSC to mandate that electricity companies build and
maintain additional power plants so that less electricity is purchased
from other sources;
10. Publish the true cost of electricity, based on the aggregate cost of
electricity components;
11. Require that electricity auctions be held in public with bidders
names also made public; and
12. Protect the Constellation headquarters in Maryland and mandate that
certain public service commitments from Constellation extend well past
the five years contemplated. The merged company’s public service
commitment must reflect the increased value of the new, larger entity.
We are listening to our constituents and they raise valid concerns and
suggestions for relief. We ask you, as we have also asked the presiding
officers of the General Assembly, to act to save the citizens of
Maryland from the grave consequences of this extraordinary rate
increase.
Yours truly,
Lisa A. Gladden Jill P. Carter
Nathaniel T. Oaks Samuel I. Rosenberg
State Senator
Delegate
Delegate
Delegate
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