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Maryland Thought Deregulating Utilities Would Lower Rates. It’s Cost the State’s Residents Hundreds of Millions of Dollars. Unscrupulous retail energy companies in Maryland and numerous other states often prey on the poor by offering special low rates, only to quickly raise them. Related Share this article Last year, on the day before Memorial Day, Bill Fields received a phone call around half-past noon from a caller who said he represented the verification department of Baltimore Gas & Electric, Maryland’s primary energy utility.  Fields is from Baltimore and a longtime BG&E customer. Because he’d paid his last six bills on time, the caller said, he was eligible for a $50 rebate. Not only that, he’d get shopping credits and monthly savings of $30 to $40, too. And if he gave the ID for his gas account, those benefits would double. But the ID for his electric account wasn’t needed curiously, the caller already had it.

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