Reregulation of Electric Rates in Maryland

On Feb. 19, 2009, a press conference was held, in Annapolis, MD, dealing with the legislative effort in Maryland to re-regulate the electric industry. Since 1999, when the industry was deregulated by the General Assembly, rates for the consumers have gone “up over 85 percent,” according to the Baltimore Sun. Pushing for the reregulation legislation are State Senators E.J. Pipkin and Jim Rosapepe, along with Delegates Michael Smigiel, Herman Taylor, Jill Carter, Patrick L. McDonough, and others. The Bills are SB795 and HB1312, and are both entitled: “Maryland Electricity Reregulation and Energy Independence Act of 2009.” This video contains excerpts from the press conference. For background, see: http://reregelectricrates.com/

The full press conference will be posted on Google later tonight.