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          <NonNumbericText>&lt;table style="font-size:10pt; font-family:'Times New Roman',times,serif;"&gt;
&lt;tr&gt;
&lt;td&gt;
&lt;p style="FONT-FAMILY: times"&gt;&lt;font size="3"&gt;&lt;b&gt;Taxes Other Than
Income Taxes&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;
&lt;p style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;BGE collects from
certain customers franchise and other taxes that are levied by
state or local governments on the sale or distribution of gas and
electricity. We include these types of taxes in "Taxes other than
income taxes" in our Consolidated Statements of Income (Loss). Some
of these taxes are imposed on the customer and others are imposed
on BGE. We account for the taxes imposed on the customer on a net
basis, which means we do not recognize revenue and an offsetting
tax expense for the taxes collected from customers. We account for
the taxes imposed on BGE on a gross basis, which means we recognize
revenue for the taxes collected from customers. Accordingly, we
record the taxes accounted for on a gross basis as revenues in the
accompanying Consolidated Statements of Income (Loss) for BGE as
follows:&lt;/font&gt;&lt;/p&gt;
&lt;div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative"&gt;
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&lt;td style="FONT-FAMILY: times" width="34"&gt;&lt;/td&gt;
&lt;td style="FONT-FAMILY: times" width="12"&gt;&lt;/td&gt;
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&lt;td style="FONT-FAMILY: times" width="12"&gt;&lt;/td&gt;
&lt;td style="FONT-FAMILY: times" align="right" width="6"&gt;&lt;/td&gt;
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&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times" align="center" colspan="5"&gt;
&lt;font size="2"&gt;&lt;b&gt;Quarter&amp;nbsp;Ended&lt;br /&gt;
September&amp;nbsp;30,&lt;/b&gt;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times" align="center" colspan="5"&gt;
&lt;font size="2"&gt;&lt;b&gt;Nine&amp;nbsp;Months&lt;br /&gt;
Ended&lt;br /&gt;
September&amp;nbsp;30,&lt;/b&gt;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;
&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;&lt;/tr&gt;
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&lt;th style="FONT-FAMILY: times" align="center"&gt;
&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times" align="center" colspan="2"&gt;
&lt;font size="2"&gt;&lt;b&gt;2009&lt;/b&gt;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times" align="center" colspan="2"&gt;
&lt;font size="2"&gt;&lt;b&gt;2008&lt;/b&gt;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times" align="center" colspan="2"&gt;
&lt;font size="2"&gt;&lt;b&gt;2009&lt;/b&gt;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times" align="center" colspan="2"&gt;
&lt;font size="2"&gt;&lt;b&gt;2008&lt;/b&gt;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;
&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;&lt;/tr&gt;
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&lt;th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
align="center" colspan="13"&gt;&amp;nbsp;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/th&gt;&lt;/tr&gt;
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&lt;th style="FONT-FAMILY: times" align="left"&gt;
&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/th&gt;
&lt;th style="FONT-FAMILY: times" align="center" colspan="11"&gt;
&lt;font size="2"&gt;&lt;i&gt;(In&amp;nbsp;millions)&lt;/i&gt;&lt;/font&gt;&lt;br /&gt;&lt;/th&gt;
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&lt;font size="2"&gt;Taxes other than income taxes included in
revenues&amp;#151;BGE&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;
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&lt;td style="FONT-FAMILY: times" align="right"&gt;
&lt;font size="2"&gt;&lt;b&gt;19.3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;
&lt;td style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;
&lt;td style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="FONT-FAMILY: times" align="right"&gt;
&lt;font size="2"&gt;19.1&lt;/font&gt;&lt;/td&gt;
&lt;td style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;
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&lt;font size="2"&gt;&lt;b&gt;59.4&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;
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&lt;td style="FONT-FAMILY: times"&gt;&lt;font size="2"&gt;$&lt;/font&gt;&lt;/td&gt;
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&lt;font size="2"&gt;54.3&lt;/font&gt;&lt;/td&gt;
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          <NonNumericTextHeader>Taxes Other Than
Income Taxes
BGE collects from
certain customers franchise and other taxes that are levied by
state or local governments on the sale or</NonNumericTextHeader>
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