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Md. should reject Exelon-Pepco merger [Letter]

Md. should reject Exelon-Pepco merger [Letter]

The letter "Exelon has been a good partner" (Oct. 8) misses the point when describing the merger between Exelon and Pepco. Maryland PIRG is calling on the Maryland Public Service Commission (MPSC) to reject the merger. The Chicago based nuclear power company Exelon, is the parent company of Baltimore Gas & Electric. In order for the MPSC to approve the merger it must be in the public interest and provide tangible benefits to consumers. This merger does neither. The proposed merger would give Exelon control of 85 percent of the Maryland electrical system. This consolidation of power would give the company the highest number of ratepayers in the country and create a virtual...