Local Energy Rules

In April 2014, Exelon, the nation’s largest nuclear power generator, made a $6.8 billion offer for Washington D.C.-based Pepco. Exelon – which already owns Illinois ComEd and Baltimore G&E – would become the largest electric utility in the country, with nearly 10 million customers. Shareholders, federal regulators, and many state utility commissions have approved the deal. But in August, the D.C. Public Service Commission unanimously rejected it, finding little public benefit. Now, just three months later, amid allegations of corruption, D.C. Mayor Muriel Bowser has settled with Exelon and the D.C. Commission has been asked to reconsider. https://ilsr.org/articles/dont-take-the-bait-exelons-ambitions-go-beyond-d-c-s-power-episode-28-of-local-energy-rules/