A beneficial merger
Regarding the Sept. 29 Capital Business article “Exelon asks D.C. regulators to reconsider Pepco merger”:
The Bowser administration is right to pursue a settlement with Pepco and Exelon in their would-be merger. The utility companies were clearly surprised when the Public Service Commission rejected their merger proposal in August, and they were right to be: Their original proposal promised significant benefits for D.C. residents and businesses, and every other regulatory body in the country that had reviewed the merger had approved it.
The merger has its detractors. But the fact is, they are a very small — though very vocal — minority. Average D.C. residents stand only to gain in terms of more reliable electric service, millions of dollars for direct customer benefits and a utility with the financial backing to make sustainable investments in our communities and local economy. If the merger does not occur, these benefits disappear.
Arrington Dixon, Washington The writer is a former chairman of the D.C. Council.