Don’t Take The Bait: Exelon’s Feeding Frenzy Won’t Stop With Pepco

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 … [continued]