No $2 fee in pipeline for Md. gas utilities

Senate kills infrastructure charge

Question of the Day

What has been the biggest debacle on Obama's watch?

View results

Opponents raised concerns that the maximum $2 surcharge would be applied evenly to residential and commercial ratepayers regardless of consumption or current gas bills.

They argued the bill would have essentially written a pre-project blank check to gas companies seeking to avoid the accountability associated with proving after the fact that their completed work justifies a future rate increase.

Several lawmakers argued the bill was being pushed by gas companies after the PSC rejected the Washington Gas Light Co.’s request last year for a $30 million rate hike to fund improvements.

“You want to build a project? Go out, get it financed, run it through the Public Service Commission and get your return,” said Senate Minority Leader E.J. Pipkin, Cecil Republican. “At the end of the day, I see this as a bailout bill: moving cash flow forward for a company to build infrastructure.”

© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.

Comments
blog comments powered by Disqus
TWT Video Picks