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Exelon must show regulators that Pepco merger is a good deal
Exelon must show regulators that Pepco merger is a good deal

Opponents and supporters of a proposed utility merger involving Exelon Corp., the parent of Baltimore Gas & Electric Co., began a calculated dance before Maryland regulators last week, with some hoping to sink the deal and others hoping to sweeten it. While the chances that the Maryland Public Service Commission might reject the merger are slim — one expert said it's only happened twice in the last 30 years in about 70 utility mergers across the country — the regulators could impose conditions such as a larger bill credit for customers or a more significant investment in renewable energy. There's also a chance Exelon and the company its trying to acquire,...

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