Exelon-Pepco Say Terms Proposed By PSC Threaten To "Derail" Merger, Offer Alternatives
March 08,2016
Opposition from settling parties to alternative terms offered by the D.C. PSC as a condition for approval of the merger of Exelon and Pepco, "threatens to derail the merger entirely," Exelon and Pepco said in a filing with the PSC offering their own alternatives.
The major sticking point is the treatment and allocation of customer rate credits.