Thursday, March 24, 2016

Exelon, Pepco Merge to Form Nation’s Largest Investor-Owned Utility

On Wednesday, Mar. 23, the District of Columbia Public Service Commission voted two to one to approve a $6.8 billion merger between Pepco Holdings and Exelon, creating the largest investor-owned utility in the nation. Combined, the two utilities will now serve 10 million customers.
Chicago-based Exelon has the largest number of nuclear reactors in the nation, with operations throughout the Mid-Atlantic, New England and Midwest. Pepco is (was) an electric utility, serving customers in the Washington, D.C. and surrounding areas.

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