Friday, May 25, 2007

Maryland okays BGE transition to market power rates

(Reuters) - They can do nothing and start paying market rates on June 1
or sign up to transition to market rates in three steps.




Customers choosing the three steps will pay about 18
percent below market from June-September, about 8 percent below
market from October-December and market rates beginning Jan. 1,
2008. In addition, from April 1, 2008-Dec. 31, 2009, these
customers will repay the deferred amounts.


Read more at Reuters.com Bonds News

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