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An energy company that conducts its business through various subsidiaries including a merchant energy business and Baltimore Gas and Electric Company.
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Quadmom99 (36.10) Submitted: 5/29/08 10:21 PM : Start Price: $86.44 CEG Score: -14.39
This utility has just announced an 11% rate increase for the Baltimore area. The electric and gas rates are soon to rise. If we had choice we'd go with the cheaper company - but since this is a monopoly and we have to go to them and pay the new rates - We might as well buy some stock and share the wealth!
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