The Pepco-Exelon merger will financially harm Maryland, Virginia and District of Columbia residents ("Exelon-Pepco merger decision appealed," June 11).

Unlike Exelon, the renewable energy sector provides economic benefits for local residents. People who own solar panels have lower electricity bills. They depend on the grid much less because the sun often provides more energy than can be used at any given time.

Advertisement

Moreover, with the cooperation of local utilities residents can sell their excess energy to those utilities. Although Pepco has previously cooperated with solar companies, Exelon has a history of opposing sustainable energy initiatives.

Instead of rewarding solar panel owners for their contributions to the grid, Exelon wants to tax these citizens for the extra electricity. Furthermore, because this merger will result in a monopoly, all regional ratepayers, not just solar panel owners, will become vulnerable to exorbitant rate increases.

Although the merger has already been approved in Maryland and Virginia, it still must be approved in the District of Columbia. If District authorities do indeed block this detrimental deal, they will not only protect their own residents but those of Maryland and Virginia as well.

Shilpa Shenvi, Laurel

Advertisement
Advertisement
Advertisement