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Saturday, January 06, 2018

Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform

Baltimore Gas & Electric Co. plans to pass on about $82 million in tax savings to customers as a result of the federal tax reform passed by Republicans in December that lowered the corporate tax rate.

The Baltimore-based utility announced the pending rate cuts Friday, saying the average residential electric customers can expect their monthly bill to decrease by $2.31 beginning in February. Bills will go down by an average of $4.27 a month for customers who buy both electricity and natural gas from BGE.

“For us it was real simple,” said BGE CEO Calvin G. Butler Jr. . “We wanted to share those benefits with consumers.”

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Publishers Notes: Articles like this have to kill the liberal reporter that has to write it.

5 comments:

  1. DP&L is next...Oh wait...My BAD!!!

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  2. But not to demoncrats, people who complained about tax bill, people who said Trump was not lucid, people who said the economy would crash if Trump got elected, etc. You get the idea.

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  3. Let's see what Delmarva Power does, but it is weird that there are no comments on this article! The Left is just burning in their own Hell with these stories! LOL!

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  4. Yeah right. They have gouged that city for years. This is merely a PR stunt.

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  5. The democrat's talking points are the tax plan gives big business a break. The truth is but since all democrats lie constantly they would never admit is that big corporations don't pay taxes never have. They pass it on to the consumers. What's unfortunate is that all the democrat voters are too ignorant to understand this.

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