NJ BPU Staff Reaches Settlement on Exelon-Pepco Merger
Consumer Advocate Pushes for More Concessions
Jan 15, 2015
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...