VICTORY! DC Denies Exelon-Pepco Merger

DC’s Pub­lic Ser­vice Com­mis­sion just shot down the plan for the nation’s largest nuclear util­i­ty, Exelon, to buy Pep­co, the elec­tric util­i­ty that ser­vices the Wash­ing­ton, DC area and a few neigh­bor­ing states.

This is a huge vic­to­ry for ratepay­ers and the envi­ron­ment, since Exelon want­ed to have the extra mil­lions of ratepay­ers to push the high cost of their aging nuclear reac­tors onto. They also have been hos­tile to renew­able energy.

We played a small role in this, alert­ing peo­ple in DC to the hear­ings in the past year, and tes­ti­fy­ing at three of them. How­ev­er, the major cred­it goes to the Pow­er DC coali­tion, and the many peo­ple and groups who came and spoke out about this awful deal. Thanks to all who make this vic­to­ry pos­si­ble! DC was the last hope, as neigh­bor­ing states have already approved the merg­er. For more info, look for updates on www.powerdc.org and www.facebook.com/PowerDCNow


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