Pepco Holdings and Exelon Make Filing to Provide Several Pathways to Secure Merger’s Significant Benefits for Pepco Customers

WASHINGTON & CHICAGO--(BUSINESS WIRE)--In a filing to the Public Service Commission of the District of Columbia today, Pepco Holdings Inc. (NYSE: POM) and Exelon Corporation (NYSE: EXC) proposed three approaches, any one of which, if approved, would prevent the loss of more than $78 million in direct benefits for the District and Pepco customers, and allow the companies to complete the merger. The proposals offer the Commission considerable flexibility in determining how the funds are allocated to ensure the merger is in the public interest. The companies asked the Commission for a decision by April 7.