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Florida Power & Light

An opportunity for Pepco customers [Editorial]

An opportunity for Pepco customers [Editorial]

Dear Pepco customers,

We, your neighbors in the Baltimore Gas & Electric service territory, have a sense of how you must feel. A giant national corporation is swooping into town with an offer to buy your hometown utility, one that has been deeply rooted in the community since the 19th century. We've been down this road a couple of times recently, and we know all the questions that must be going through your heads. What will the loss of local control mean for the company's commitment to local customers? What about its civic and philanthropic activities? What about my bills? We don't have all the answers, but we can tell you two things.

The first is that these deals don't...