Electricity Re-regulation: It Aint Happening
A source tells me that O’Malley’s electricity re-regulation bill was rebuffed by the House Economic Matters Committee 21-2. Ouch!
Any re-regulation could have led to increased electricity rates. Of course, that particular outcome is to be expected with this governor running things.
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Unfortunately O’Malley found another way to jack up our electricity rates–by following a policy even New York Times columnist Tom Friedman and the US Senate now decry.
Reducing electricity rates is the failed campaign promise that just won’t die.
I’d laugh at all this, but I have energy bills too.