By Suzanne Herel
With the D.C. PSC poised to decide Wednesday on a timeline to consider the revised terms in Exelon’s bid for Pepco, opponents spoke out Monday about why they still think the merger is a bad deal for the district.
Additional news on this topic:
The D.C. Public Service Commission will announce its decision on Exelon’s acquisition of Pepco Holdings Inc. at its open meeting 11 a.m. Tuesday.
Critics of Exelon’s proposed acquisition of Pepco questioned the timing of a $25 million naming rights deal that D.C. Mayor Muriel Bowser finalized days before dropping her opposition to the merger.
D.C. Public Power will release details of a proposed alternative to the Exelon-Pepco merger that it says would provide up to $1 billion in benefits to the district over the next 20 years.