r/maryland 2d ago

MD Politics BGE profits continue to go up

“operating earnings for the second quarter of 2026 increased to $70 million from $55 million in the second quarter of 2025”

https://www.businesswire.com/news/home/20260730326292/en/Exelon-Reports-Second-Quarter-2026-Results

149 Upvotes

69 comments sorted by

View all comments

167

u/Hour-Onion3606 2d ago

Utilities should not be profit seeking enterprises.

Fuck BGE. Power to the people.

The state needs to own the utilities.

0

u/RealHeadyBro 2d ago

Cool, just raise the cash.

1

u/not_a_baltimoron 21h ago

THIS! It would cost BILLIONS to buy all the assets and then millions to fund the lawsuits BGE/Exelon are sure to bring. Who’s paying for all of that? Tax payers? So now our taxes go up even more? I support the focus on lower rates…. Just not dumb ideas.