Hi Mike,

At this stage you've already taken the big hit in terms of your rate
adjustment. Unfortunately, this is what happens when regulators lock
prices at artificially low levels for, what was it? Ten years?

When you don't pay the true cost, consumers will use far more
electricity than they would otherwise and will logically forego
investments in energy conservation and more efficient end-use
technologies such as heat pumps. And who can blame them? It's the
perfectly rational thing to do.

But now the ride has come to an end and consumers are faced with the
new reality. Hopefully most have prepared for this day, but for those
who haven't, the pain has only begun.

Please keep us informed of your progress and, by all means, let me
know if I can help you in any way.

Cheers,
Pau;

On Sun, 28 Jan 2007 15:39:59 GMT, "Mike" wrote:

Paul, BGE energy production comes from nuclear and coal and just enough
natural gas so the can use the cost of natural gas for ALL of the cost to
produce energy. All energy produces do this and it's legal.

Insulating and HP seems to be the way to go. Tomorrow I'll print out the
descriptions of the heat pumps.
It is appealing to leave the baseboard electric heaters in place and add the
heat pump.

Mike