Exelon, a monopoly electric utility and the nation’s largest nuclear power generator, made a $6.8 billion offer to purchase Pepco, Washington D.C.’s electric utility, in April of 2014. Since then, they have swarmed across Pepco’s service area, getting the approval of federal regulators, state utility commissions, and shareholders. Washington D.C.’s Public Service Commission has, however, halted Exelon in its tracks by deeming the merger “not in the public interest.”
Not to be thwarted, Exelon donated a $25 million “land use contribution” to D.C. Mayor Muriel Bowser just a few days before she became an Exelon-Pepco merger champion. Share our video below and learn how to help stop the Exelon-Pepco merger.
Take action by:
Submitting comments to Washington D.C.’s PSC
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Latest CleanTechnica TV Video
CleanTechnica uses affiliate links. See our policy here.