Full report on BGE auctions won't appear till next week
We are still awaiting the report commissioned by the Maryland Public Service Commission on BGE's 2005-2006 auctions, which led to the famous 70 percent price increase for electricity. On Monday the commission released the executive summary, which said there was no evidence of collusion by Baltimore Gas and Electric and its parent, Constellation Energy.
But the full report, by the law firm Kaye Scholer, is still being purged of what PSC spokeswoman LaWanda Edwards said was confidential Constellation/BGE information. (These auctions are supposed to be open after they are concluded. What's so confidential?) It won't be available until next week at the earliest, she said this morning. Of course that'll be AFTER the General Assembly is expected to approve legislation Constellation wants as part of the settlement with Gov. O'Malley and the PSC.
Comments
I too have been looking for the report. It is interesting to learn that it is being edited by the PSC and interesting to learn the timing noted in Hancock's article. As a related point, the PSC was asked to release information as to the expenses paid to Faye Scholer. They would release the information only if a formal inquiry was made under the Freedom of Information Act. Is the PSC's reputation that of making it difficult for the Md consumer to gain information? If so, public service is clearly being redefined.
Posted by: skeptic | April 3, 2008 11:06 AM