Most people get by on less than a 10.4% return on their investments, BGE can do it, too

Most investors would be thrilled to earn a 10.4% return on investment, but that's the "bare minimum" Baltimore Gas and Electric says it needs to survive in it latest rate filing. It's nothing but a money grab, writes Paul Pinsky, and it's past time for the PSC to say no.

By: Paul Pinsky

Outlets: Maryland Matters

Published: August 15, 2026

Words: 534

Last Updated: 3 days, 11 hours ago

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Baltimore Gas and Electric’s recently proposed rate hike “is the bare minimum to keep the lights on,” claimed the company. This is the company’s justification for requesting a guaranteed 10.4% profit next year. No area ratepayers who are lucky enough to have investments, are guaranteed to make a 10.4% return. In fact, it’s pretty unlikely that Baltimore residents have any money left for even the smallest investments after paying their rising BGE bill.

BGE has …

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