BALTIMORE
Community marches on CEO’s mansion to stop rate hike
By
Sharon Black
Published Apr 6, 2006 8:55 PM
Community and union activists marched March 22
to the opulent home of Constellation Energy CEO, Mayo Shattuck III, to stop an
enormous electric rate hike. By July 2006, rates are slated to increase by 72
percent after caps are lifted, following a deregulation plan passed by the state
legislators in 1999. Electric costs are estimated to increase on average $743
yearly per household.
This increase has touched off a statewide crisis for
workers and debates among state legislators over a pending $11.4 billion merger
between Constel lation Energy and the FPL Group of Florida. Shattuck him self
will reap $40 million from the merger.
Renee Wash ing ton of All Peoples
Con gress, an organi zer of the protest, stated, “This increase is a
disaster. We are not only calling for no rate hike; we are demanding that the
people take over BGE. Gas and electric should be for the people, not for
profit.”
Protesters were met by police in squad cars, on foot and in
a motorcycle caravan. Police blocked off the street where Shat tuck lives and
forced cars to detour. The group nevertheless persisted and marched around the
police to Shattuck’s fancy home.
Groups participating included the
All Peoples Congress, AFSCME Council 67, ACORN, and the Green Party. A planning
meeting to launch a statewide coalition is scheduled for April 5 at the downtown
libr ary, 6 p.m. to 8 p.m. For more information, visit
www.iacenter.org/folder01/baltimore.htm or e-mail [email protected].
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