Baltimore Gas & Electric Should Not Be A Monopoly.
Utility companies are something that most people don’t think about often, but they play a crucial role in our daily lives. They keep the lights on, the water running, and provide us with many essential services. However, what happens when there is a lack of competition in this industry?
In many cities around the country, there are utility companies that hold a monopoly on essential services such as electricity and water. This means that consumers have no other options when choosing a provider, which can lead to higher costs and poor customer service.
One such company that has been a monopoly in Maryland and especially Baltimore city is BG&E. This company provides essential services to the entire state of Maryland and has no competitor. There are no other options for consumers to choose from, which means that BG&E can charge whatever prices they want without fear of losing their customers.
This has led to high prices and a lack of innovation in the industry. Customers are forced to pay high prices for their essential services, and there is no incentive for the company to improve its customer service or offer more innovative services.
Despite the best efforts of consumers and advocacy groups, little has been done to address the situation. The laissez-faire attitude of the government towards the utility sector has allowed companies like BG&E to continue their dominance, with little to no accountability.
As a result, it is time for action to be taken to break the monopoly of BG&E. Consumers should be given the power to choose their provider, and the government should enforce regulations that promote competition and innovation in this sector.
The monopoly of BG&E and others like it is a significant issue that needs to be addressed. By promoting competition and innovation, consumers can enjoy lower costs and better service. It’s time to take action and put an end to these monopolies once and for all.