Baltimore Gas & Electric Revenue, Growth & Competitor Profile

DBA BGE

Company Profile & Annual Report for Baltimore Gas & Electric

Access the complete profile.

Baltimore Gas & Electric Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	N/AExact Company Size
Primary Industry	221122 Electric Power Distribution
Address	110 W Fayette Street Baltimore, MD 21201

Note: Revenues for privately held companies are statistical evaluations.


Baltimore Gas & Electric's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Baltimore Gas & Electric's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Baltimore Gas & Electric is classified as operating in the Electric Power Distribution industry, NAICS Code 221122.

Baltimore Gas & Electric Annual Revenue and Growth Rate

Baltimore Gas & Electric	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Baltimore Gas & Electric's revenues are gauged from an analysis of company filings.

Baltimore Gas & Electric's Income Statement (based on Industry Averages)

Baltimore Gas & Electric P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Baltimore Gas & Electric is developing and marketing. Baltimore Gas & Electric doesn't have any recent trademark applications, indicating Baltimore Gas & Electric is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
LUMI Educational programs and materials featuring tips and tools for lowering energy consumption and saving money	04/20/2021
BGE THERMOSTATUS Providing customers with consumer product information on smart thermostat benefits, namely, information on benefits and energy efficiency; Promoting the goods of others, namely, providing information regarding discounts, coupons, rebates, vouchers and special offers for the goods of others, namely, smart thermostats	06/30/2020
CONNECTED REWARDS Administration of a demand-responsive pricing program by providing customers with monetary incentives for reducing energy usage during peak energy periods; energy usage management services, namely, managing and monitoring customer's home devices; home energy assessment services for the purpose of determining energy efficiency or usage management	02/28/2020

See all trademarks and details in the Full Report.

Market Share of Baltimore Gas & Electric's Largest Competitors

A competitive analysis shows these companies are in the same general field as Baltimore Gas & Electric, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CLEVELAND ELECTRIC ILLUMINATING	Akron, OH	100
DTE ENERGY	Detroit, MI	99
DTE ELECTRIC	Detroit, MI	89
NORTHERN STATES POWER	Minneapolis, MN	47
BALTIMORE GAS & ELECTRIC	Baltimore, MD	21
SOUTHWESTERN PUBLIC SERVICE	Amarillo, TX	13
NAVAJO TRIBAL UTILITY AUTHORITY	Fort Defiance, AZ	4
GRAHAM COUNTY ELECTRIC COOPERATIVE	Pima, AZ	3
MAGIC VALLEY ELECTRIC COOPERATIVE	Mercedes, TX	2

Nearby Competitors

These companies are similar in business line and location to Baltimore Gas & Electric. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
BALTIMORE GAS & ELECTRIC	Baltimore, MD	100
ENERWISE GLOBAL TECHNOLOGIES	Baltimore, MD	8
MARYLAND ENERGY ADVISORS	Baltimore, MD	3
FUSION SOLAR SERVICES	Baltimore, MD	1
US WIND	Baltimore, MD	1
SUNROCK DISTRIBUTED GENERATION	Baltimore, MD	0

Future Competition: Baltimore Gas & Electric's Fastest Growing Competitors

These companies are in the same general field as Baltimore Gas & Electric and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)