Some Baltimore County residents are scrambling to switch to a new energy supplier in time to save as much as 11 percent on their electric bills next month, a move companies are expecting consumers across the state to make in light of the impending Baltimore Gas & Electric Co. rate increases.
Members of the Reisterstown-Owings Mills-Glyndon community have negotiated a fixed price with New York-based ConEdison Solutions that equates to 11 percent in savings compared to BGE rates that will take effect in June 2007. The group?s contract with the company, the country?s eight-largest electric retailer, will end in December, when the group will re-bid for another yearlong contract.
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