BGE customers across Maryland can expect a price increase on June 1. Here’s why.

Baltimore Gas and Electric (BGE) customers in Maryland will see another significant increase in the price of electricity starting June 1.

The increase comes amid frustrations from BGE customers who have been grappling with high energy costs throughout the year.

Why will BGE’s electricity costs go up on June 1?

According to BGE, the increase is the result of an unexpected spike in capacity auction prices and the Talen Energy reliability-must-run (RMR) fee.

READ MORE HERE: https://www.cbsnews.com/baltimore/news/bge-customers-energy-price-increase-june-1/