Constellation Unit Fires Back At Critics Of Deregulation

Law360, New York (February 7, 2008, 12:00 AM EST) -- A Constellation Energy unit continues to dispute a Maryland commission's finding that introducing competition into the energy market has cost ratepayers $975 million in charges.

Baltimore Gas & Electric Co. argued Wednesday in a hearing before the Maryland Public Service Commission that the state's efforts to partially undo the 1999 deregulation was creating a hostile regulatory environment, according to the Washington Post.

The utility defended two 1999 deals addressed in a recent PSC report on the impact of deregulation, the paper said. Under those deals, BGE...
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