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Capital Gazette Communications
Published
10/31/09
The state Public Service Commission wants Constellation Energy Group to issue $100 rebates to Baltimore Gas and Electric Co. customers and make other concessions as part of the company's deal to sell almost half its nuclear assets. Find Us On Facebook
The PSC issued a ruling yesterday approving the $4.5 billion sale of about 50 percent of Constellation's nuclear business to Electricite de France only if there are greater benefits for ratepayers and BGE, the company's regulated utility arm. "We have not ignored the broader value, and thus the public interest, in the good things that the transaction could accomplish for CEG and the...
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