September 29, 2024

Maryland Public Service Commission (MD PSC)

How Exelon Won over Maryland
Exelon worked on several tracks, negotiating settlements with some of those who initially opposed the deal while working to undermine the arguments of those who remained in its way.
UPDATE: Md., Del. PSCs OK Exelon-Pepco Deal
The Maryland Public Service Commission voted 3-2 to approve Exelon's controversial acquisition of Pepco Holdings Inc. Friday, saying Exelon's reputation for service excellence was the deciding factor.
CEO Crane to DC PSC: Exelon Committed to Jobs, Ratepayers
Exelon CEO Christopher Crane testified on the company's proposed takeover of Pepco to the D.C. PSC, while the company still faces opposition in Maryland.
Exelon ups Merger Offer in Maryland as AG Calls for Rejection – UPDATE
Maryland's Attorney General called on state regulators to reject Exelon’s acquisition of Pepco Holdings Inc., while the companies more than doubled their offer of ratepayer incentives.
Maryland Gov. Nominates Republican Leader to PSC
Maryland Gov. Larry Hogan nominated Montgomery County Republican leader Michael L. Higgs Jr., an attorney specializing in telecommunications.
Exelon-Pepco Deal Moves Forward in NJ, Del.
Exelon’s $6.8 billion bid to acquire Pepco took two steps forward when it gained approvals from both the New Jersey BPU and the staff of the Delaware PSC.
N.J. BPU Approves Exelon’s Acquisition of Pepco
The New Jersey Board of Public Utilities approved the Exelon takeover of Pepco Holdings Inc. in a settlement that will give Atlantic City Electric customers $62 million in rate credits.
NJ BPU Staff Reaches Settlement on Exelon-Pepco Merger
The NJ BPU staff recommended OK of Exelon’s acquisition of Pepco in a deal that would give Atlantic City Electric customers $62 million in rate credits.
Exelon-Pepco Merger Faces Headwinds in Maryland
Md. PSC staff said Exelon should increase its proposed credit to customers as a condition of approval of the company's merger with Pepco, while the OPC said the commission should reject the deal.
Md. Advocate Wants Tougher Energy-Efficiency Targets
Maryland’s Office of People’s Counsel is recommending that regulators set tougher energy-efficiency targets for the state’s utilities.

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