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May 21, 2022
Home » FERC Denies BGE Recovery of $38M in Deferred Taxes
By Rory D. Sweeney FERC denied Baltimore Gas and Electric’s bid to recover $38 million in taxes deferred over decades, saying that “contrary to BGE’s assertion, we find that utilities do not have unfettered discretion to defer these tax amounts on their books for decades without timely seeking regulatory approval...
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