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July 01, 2022

NJ BPU Staff Reaches Settlement on Exelon-Pepco Merger

Consumer Advocate Pushes for More Concessions

Jan 15, 2015
Company News / Delaware / District of Columbia / Maryland / New Jersey
By Ted Caddell The New Jersey Board of Public Utilities staff has recommended approval of Exelon’s $6.8 billion acquisition of Pepco Holdings Inc. in a settlement that would give Atlantic City Electric customers $62 million in rate credits. The settlement, announced yesterday, came as the board was holding public hearings...

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