pepco holdings incorporated
- Baltimore Gas & Electric Co.'s parent corporation, along with two utilities serving the Washington area, parts of the Eastern Shore and New Jersey, filed with the Public Service Commission of Maryland on Tuesday for permission to merge, a move company officials say will improve service and boost the economies of the service areas.
- Exelon Generation broke ground today (Monday) on two new power-generating units at its Perryman generating station, calling it an expanded focus on natural gas and clean energy.
- An attorney once called the "political pope of Baltimore" will chair a search committee to find the next chancellor of the University System of Maryland.
- Exelon's planned acquisition of Pepco Holdings and its Delmarva Power subsidiary, announced Wednesday, will give Exelon control of the electric power market in Harford and widen the company's position as the county's largest taxpayer.
- Baltimore Gas and Electric Co.'s parent said Wednesday that it has struck a $6.9 billion deal to acquire Pepco Holdings Inc., 17 years after BGE walked away from a protracted effort to buy its southern neighbor.
- The polar vortex covering most of the nation is still over the Harford County area, and while the wind has died down, it's still cold outside, prompting a late arrival at schools Wednesday and a local power company to ask customers to conserve energy.
- Three utilities defended the safety of "smart meters" Tuesday at a hearing called by the Maryland Public Service Commission after commissioners read reports of similar meters catching fire in Pennsylvania.
- PJM Interconnection staff are recommending the grid operator cancel the PATH and MAPP transmission line projects because of lowered electricity demand.
- Baltimore Gas and Electric Co. is seeking to raise distribution rates for electricity and natural gas, a move that would add about $11.80 a month to the median residential bill.
- As the Occupy movement protests corporate culpability in the recession and unemployment crises, the merger of Constellation Energy and Exelon Corp. provides some fodder.