Two decades after deregulation was meant to drive down prices, many Marylanders unwittingly pay more for energy

Marylanders were supposed to be saving money on their gas and electric bills. Almost two decades ago, state lawmakers welcomed an influx of energy companies offering contracts in mailings and door to door. They said opening up utility monopolies to competition would drive down prices. But for most residents who have signed up for those deals, energy costs have not fallen. Instead, data compiled by consumer advocates show they have spent hundreds of dollars a year more than they would have if they stuck with standard utility rates. (Balt. Sun)

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