The chart we looked at showed a clear graphical representation of how far a BGE electric bill dropped in dollar amounts.
As you can see in the chart back in 2009 – 2010 the average BGE electric bill was $158.
Moving to 2010 – 2011 the average BGE electric bill was $145.
The projected average electricity bill price for 2011 – 2012 is expected to be $129.
This drop in price can be attributed to the efficiencies created in a deregulated electric market and specifically a large part of the savings happen at the wholesale market level.
When choosing an alternate electric company in the BG&E electric utility area you will obviously experience a decline in price compared to previous years.
The electric deregulation process in the Maryland market has become confusing for BGE electric customers as the price they control is the transmission aspect of the price.
This utility continues to charge you for the pole and wires charges but encourages you to switch to competing electric companies in their electric utility service area in order to realize savings.
You can see what Baltimore electric suppliers are offering by going through a list of providers and calling each one or visiting their website. You may also use a comparison chart like the one we have available at the top right. We only compare commercial electricity suppliers at this time in Maryland.
The 18% overall decline in BGE Electric’s energy prices is nice and allows you to achieve energy savings from competing Baltimore electricity suppliers fighting to win your business.
We make the comparison process simple as our Baltimore energy consultants compare rates and create detailed charts showing you back to back electric rates from several suppliers.
You can sort these energy prices from the cheapest available offer to the most expensive and see how they compare against BGE and their projected decrease in the total electric bill cost for their customers.
To give you a better idea of the savings chart presented in this article consider that if a BG customer used 1,000 kWh of electricity per month and their electric bill was $129 than their per kilowatt hour rate would be 12.9 ¢.
Since we do not know what the per kilowatt rate and average monthly electric usage that BGE Electric is using we can only speculate as to what the price per kWh is that they used to create this chart.
To assist in comparing other retail electricity suppliers against BGE please use the compare tool at the top right to get started. Once you compare prices you can immediately order Baltimore electric service online.