The story
Founded by Rembrandt Peale in 1816.1
Artist / sculptor /museum operator Rembrandt Peale, (1778-1860), incorporated the "Gas Light Company of Baltimore" on June 17, 1816, after having exhibited gas lighting at his Holliday Street museum, designed by famed local architect Robert Cary Long, Jr. and built and opened in 1814 (between East Saratoga and East Lexington Streets - after a variety of uses including as Baltimore's City Hall, 1830–1875, in 1931 it became the Municipal Museum of the City of Baltimore, popularly known once again as the Peale Museum into 1997). This was the first gas company in the Americas. The first streetlamp installed by the Gas Light Company of Baltimore stood at the corner of North Holliday and East Baltimore streets and was lit on February 7, 1817. By February 1818, only 28 gas-lit lamps existed. The Belvidere Theatre became the first public building to be lit using gas. Over the next decades the company experimented with piping, meters, and other mechanical technology. Baltimore committed to gas for municipal use, including the installation of gas service in all public markets between by 1851. Private subscription also steadily increased; by 1870, the company had 15,301 customers in Baltimore.
Safe Harbor
In 1930 the Safe Harbor Water and Power Corporation was incorporated in order to construct and operate the Safe Harbor Dam. There were two shareholders: Baltimore Gas and Electric (then as Consolidated Gas Electric Light and Power Company of Baltimore) held a 2/3rd share and Pennsylvania Water & Power Company the other third. The dam, lake and generating plant were all constructed and operational within two years. Seven generating units were installed with a total capacity of 230 MW, costing $34 million.
Post WWII
In 1955, the company rebranded to become Baltimore Gas and Electric, and began to recognize the acronym BGE sometime during the 1990s.
Baltimore Gas and Electric is under common control with Maryland's second and third largest electric utilities after the Maryland Public Service Commission approved the acquisition of Pepco Holdings by Exelon in 2015. The acquisition of Pepco Holdings by Exelon was completed in 2016.
From Wikipedia’s article on Baltimore Gas and Electric, shared under CC BY-SA 4.0.4