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Friday
Mar272015

"Maryland PSC delays decision on Pepco-Exelon merger"

Logo courtesy of Public Citizen Energy ProgramAs reported by UtilityDIVE and Argus Media, the Maryland Public Service Commission (MD PSC) has given itself till May 8th to decide whether or not to approve the proposed $6.8 billion merger between Exelon Nuclear and the Mid-Atlantic electric utility Pepco. There have been multiple postponements by the MD PSC over the decision, amidst opposition and concerns, including from the State of Maryland Energy Administration.

The MD PSC was originally scheduled to reach a decision in February. Exelon hopes to complete the merger by September.