State panel to hear complaints from BGE, Constellation about deregulation report

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Representatives from Constellation Energy and Baltimore Gas and Electric Co. will have a chance to air their grievances today during a hearing of the state?s Public Service Commission.

The hearing comes as the back-and-forth between the state?s regulatory agency and leading residential energy provider has heated up in recent weeks. At issue is a report released by the PSC last month concluding that deregulation has cost Maryland ratepayers $1.15 billion but netted them only $315 million in rate cuts.

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