Exelon and Pepco accept Maryland’s conditions on merger

Exelon Corp. and Pepco Holdings, Inc., said Monday they accept the conditions and customer benefits outlined in the Maryland Public Service Commission’s approval order of their merger.“After a thorough review of the order, we have concluded that it is constructive, but the conditions it imposes – including those to which the companies already committed to in our settlement – will also be challenging,” Exelon President and CEO Chris Crane said. Read More »

Team backs proposed solutions for low-carbon energy preservation in Illinois

A team of legislators, labor, business, and community leaders recently announced that they support for a state-specific Low Carbon Portfolio Standard in Illinois. This portfolio places Illinois as the leader among other states as they seek solutions for reducing carbon emissions without negatively affecting consumers. The legislation, at the Senate as SB 1585 and the House as HB 3293, would increase renewable energy and reliably maintain affordable electricity for businesses and individual con Read More »