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Tag Archives: pepco

Maryland to distribute $83 million in relief to utility customers (access required)

Some Maryland residents with overdue gas and electric payments will soon receive relief. The Maryland Public Service Commission announced Tuesday that it has allocated $83 million to electric and gas utilities so they can assist customers who have outstanding gas ...

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Pepco-Exelon merger opponents ask for investigation (access required)

WASHINGTON — Opponents of a merger between energy companies Exelon and Pepco are calling on District of Columbia Mayor Muriel Bowser to disclose potential conflicts of interest in her handling of the deal. District of Columbia regulators rejected the proposed ...

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Exelon wins D.C. consideration for revised Pepco takeover (access required)

Exelon Corp.’s second attempt to complete its $6.8 billion takeover of utility Pepco Holdings Inc. will be considered by the District of Columbia Public Service Commission. The commission voted unanimously to take another look at the proposed deal after Exelon ...

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DC mayor announces settlement in Exelon, Pepco merger (access required)

WASHINGTON — Power companies Exelon and Pepco have negotiated a settlement with District of Columbia officials on a proposed merger. D.C. Mayor Muriel Bowser announced the settlement Tuesday. Bowser says that in addition to other terms, Exelon will invest $78 ...

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Exelon to proceed with $6.8B Pepco deal after rejection (access required)

Exelon Corp. and Pepco Holdings Inc. said they’ll proceed with their $6.8 billion merger to create the largest U.S. utility by customer count after the District of Columbia Public Service Commission rejected it on Aug. 25. “The decision fails to ...

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Exelon denial signals battles over $40B in utility deals (access required)

The rejection of Exelon Corp.’s $6.8 billion takeover of Pepco Holdings Inc. proved a warning for an industry trying to gain approval for $40 billion worth of deals: Be ready for an uphill battle with local regulators. The District of ...

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Hogan takes no position on proposed utility merger (access required)

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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