Baltimore Gas and Electric: История и Современность

Gas and electric utility

Baltimore Gas and Electric Company (BGE) is a subsidiary of the Exelon Corporation and Maryland’s largest gas and electric utility. BGE earlier had created the holding company Constellation Energy in 1999. Constellation Energy was acquired by Exelon in 2012. Headquartered in Baltimore, BGE provides service to more than 1.2 million electric customers and more than 650,000 natural gas customers in central Maryland. BGE employs 3,100 people in the state of Maryland, making the company one of the 15 largest private employers in the region.

Artist / sculptor /museum operator Rembrandt Peale, (1778 1860), incorporated the "Gas Light Company of Baltimore" on June 17, 1816, after having exhibited gas lighting at his Holliday Street museum, designed by famed local architect Robert Cary Long, Jr. and built and opened in 1814 (between East Saratoga and East Lexington Streets after a variety of uses including as Baltimore's City Hall, 1830–1875, in 1931 it became the Municipal Museum of the City of Baltimore, popularly known once again as the Peale Museum into 1997). This was the first gas company in the Americas. The first streetlamp installed by the Gas Light Company of Baltimore stood at the corner of North Holliday and East Baltimore streets and was lit on February 7, 1817. By February 1818, only 28 gas lit lamps existed. The Belvidere Theatre became the first public building to be lit using gas. Baltimore Gas and Electric is under common control with Maryland's second and third largest electric utilities after the Maryland Public Service Commission approved the acquisition of Pepco Holdings by Exelon in 2015. The acquisition of Pepco Holdings by Exelon was completed in 2016.

The Public Service Commission released a report stating: "Based on the response and evidence submitted by BGE, Staff concludes that BGE failed to provide for safe operation and maintenance of the facilities" following a 2019 gas explosion in Columbia, Maryland which destroyed a 57,000 square foot commercial building.

On August 10, 2020 at approximately 9:54 AM (EDT) a major natural gas explosion leveled 3 homes in Reisterstown Station on the 4200 block of Labyrinth Road, trapping multiple people, killing two and injuring seven. Representatives for BGE stated the cause of the explosion is unknown. The utility has dealt with major outages following meteorological events in the mid Atlantic region, including the June 2012 derecho and Hurricane Sandy in October of the same year. In the aftermath of Hurricane Sandy, BGE restored power to more than 300,000 customers. The utility has proposed the construction and operation of microgrids, capable of generating and distributing electricity during larger outages to the centralized electrical grid; however, in July 2016, the Maryland Public Service Commission rejected BGE's request to construct microgrids. In 2012, the company began replacing analog electric meters with smart meters to create a less expensive grid system. In June 2016, the Maryland Public Service Commission turned down BGE's request for a rate increase to recover the $48 million cost of installing smart meters, granting them instead an increase that was only 50% of what the utility requested. The $2.80 rate increase went into effect in June 2016 and raised BGE customers’ average electric bill to $134.33 per month. In October 2015, BGE filed a lawsuit against the city of Baltimore over the city's attempt to increase the fee it charges the utility for the use of its underground conduit system. In November 2016, BGE and the city settled the suit, with the utility accepting an increase to $24 million a year to use the city's long conduit system.