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Tag Archives: pepco

Hogan takes no position on proposed utility merger

Gov. Larry Hogan. (The Daily Record / Bryan P. Sears)

Gov. Larry Hogan is taking a neutral stance on the proposed $6.8 billion merger between Exelon and Pepco Holdings, a position that has elicited disappointment from opponents of the deal.A coalition of environmental and social issues groups are among those who want Hogan to join with Attorney General Brian E. Frosh and others in opposing the merger, which critics note would make one company responsible for providing power to 85 percent of the state's residents.

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After $21.7M verdict, Pepco reaches settlement with paralyzed contractor

Pepco has reached a settlement with a former contractor originally awarded nearly $36 million from a Montgomery County jury after was electrocuted and paralyzed from the neck down in a workplace accident. The jury verdict in favor of Hugo Hernandez Palomino came in October following a six-day jury trial in Montgomery County Circuit Court. The jury award included approximately $19 million for future medical expenses and $15 million for noneconomic damages, which would have been capped at $770,000.

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