Watch: Don’t Take the Bait – Exelon’s Feeding Frenzy Won’t Stop with Pepco

Watch: Don’t Take the Bait – Exelon’s Feeding Frenzy Won’t Stop with Pepco

Date: 17 Dec 2015 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

Exelon, a monopoly electric utility and the nation’s largest nuclear power generator, made a $6.8 billion offer to purchase Pepco, Washington D.C.’s electric utility in April of 2014. Since then, they have swarmed across Pepco’s service area, getting the approval of federal regulators, state utility commissions, and shareholders. Washington D.C.’s Public Service Commission has, however, halted Exelon in its tracks by deeming the merger “not in the public interest.”

Not to be thwarted, Exelon donated D.C. Mayor Muriel Bowser with a $25 million “land use contribution” just a few days before she became an Exelon-Pepco merger champion. Share our video below and learn how to help stop the Exelon-Pepco merger.

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John Farrell
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John Farrell

John Farrell directs the Energy Democracy initiative at the Institute for Local Self-Reliance and he develops tools that allow communities to take charge of their energy future, and pursue the maximum economic benefits of the transition to 100% renewable power.