In capital, optimism on rates

Md. legislators and utility seek consensus on rate relief

June 14, 2006|By ANDREW A. GREEN AND KELLY BREWINGTON | ANDREW A. GREEN AND KELLY BREWINGTON,SUN REPORTERS

Lawmakers and BGE officials grew hopeful yesterday that they could reach consensus on electricity rate relief, while Gov. Robert L. Ehrlich Jr. blasted a proposed legislative plan as blatant election year politicking and dangerous to the utility's fiscal health.

BGE officials participated in a marathon committee hearing in Annapolis on a bill that will form the backbone of a special session set to begin today. Company leaders emerged saying they believe the process will result in a measure that will limit the immediate impact of a planned 72 percent rate increase while keeping BGE financially sound.

TV: MPT Channels 22 and 67 begin live coverage at 10 a.m.

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