By DONNA COOPER
Special to the Blade
A recent column in the Blade (“Pepco/Exelon merger will burden customers,” July 6 by Peter Rosenstein) misstated the facts around the merger of Exelon and Pepco and may have unintentionally left readers with a one-sided view of what the deal means to them.
The merger will deliver a wide range of benefits to District customers, including $78 million worth of bill credits, rate relief, energy efficiency programs, workforce development credits, affordability assistance and expansion of solar programs. Better still, the merger will mean fewer and shorter outages, building on the historic performance levels by Pepco that have led to higher customer satisfaction scores as we improve reliability.
Pepco has always been a proud supporter of this community and our employees volunteer their time on boards and in the community. As part of the merger, Pepco and Exelon agreed to provide a guaranteed $19 million in charitable contributions in the District of Columbia during the next 10 years.
And contrary to what the column argued, we have never had our customers pay for the contributions that Pepco provides to community and non-profit organizations.
Pepco is proud of the role we play in the District and elsewhere and we look forward to delivering continued excellent service for many years to come.