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December 1, 2009

$100 February BGE credit goes to ALL households

As part of the Public Service Commission's agreement to let EDF Group invest $4.5 billion in Constellation Energy's nuclear-power business, Constellation agreed to give each BGE household a $100 rebate. Constellation owns Baltimore Gas & Electric. Hanah Cho reports that the credit will be applied to February BGE bills.

I've said this before, but it bears repeating because many people ask. Even if you have switched to an alternative electricity supplier such as WGES or Dominion Retail, you still get the $100. BGE is always your electricity delivery company no matter whom you buy the juice from. The $100 will be applied against the delivery (also known as distribution) part of your BGE bill. If you buy your electric supply from WGES or somebody else, that usually is applied to your BGE bill as a separate item. But it won't affect the free $100.

By the same token, BGE's Peak Rewards program, which awards summertime credits in return for BGE's ability to turn off your air conditioning for short periods, has no effect on the $100 credit. If you're in Peak Rewards you still get the $100. Every residential customer gets the $100.

Posted by Jay Hancock at 11:44 AM | | Comments (1)
Categories: BGE/electricity
        

Comments

Do past BGE customer get a credit?

Dan: Pretty sure the answer is no. You have to be a customer in February. -- JH.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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