Tuesday, June 20, 2006

MD Gov Ehrlich Holds Rate Hearing: AAEA Testifies

AAEA President Norris McDonald asked Governor Robert L. Ehrlich, right, to veto the Maryland Assembly-passed rate bill (SB 1). Governor Ehrlich chaired the hearing to hear from stakeholders concerned about the assembly's plan to address a 72% rate increase proposed by Constellation subsidiary Baltimore Gas & Electric (BG&E). The AAEA Statement included numerous reasons to veto the bill, including: Firing the PSC was a regulatory coup d'etat, SB1 could hurt air pollution control investment decisions, does not address stimulating real competition for electricity services, and it could hurt investment decisions related to new emission free electricity generating plants, among others.

Governor Ehrlich interrupted McDonald at the beginning of his statement to inform him that he read the AAEA statement on the AES LNG proposal for Dundalk. McDonald concluded by telling the governor that he was engaged in political poker and that the governor knew when to hold them and when to fold them. He asked the governor to fold SB 1 and veto the flawed plan.

AAEA Quote in Baltimore Sun

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