Utility profits in the crosshairs amid affordability concerns

Utility profits in the crosshairs amid affordability concerns

States are beginning to take action targeting utilities’ return on equity. Industry observers are watching closely Pepco’s rate case in Maryland, where the consumer advocate is arguing to cut ROE.

Baltimore to end BGE agreement that drew criticism over utility profits

Baltimore leaders plan to scrap a deal with Baltimore Gas & Electric that allows the company to profit from improvements it makes to a city-owned underground utility network.