On March 23 our merger
with Exelon Corporation was completed, making us a member of the Exelon family
of companies. As a result, two rate credits were promised to our
residential customers in Maryland as part of the Customer Investment Fund
provided by Exelon.
The first $50 residential
rate credits appeared on eligible customer bills between 4/11/16 and
5/9/16. The second of two $50
residential rate credits will be distributed among our eligible customers between
3/27/17 and 4/26/17.
All Delmarva Power Maryland
residential customers of record with an active account 30 days after the merger
were eligible to receive the first $50 rate credit. All Delmarva Power Maryland
residential customers of record with an active account 12 months after the
merger are eligible to receive the second $50 rate credit.
This $50 rate credit is
the same for all of our Delmarva Power residential customers in Maryland.
You will see this credit
listed as an “Exelon Rate Credit” and it will be applied toward your total
When applied, the Exelon
Rate Credit will appear in the “Electric Summary” section of your bill, found
on page 2.
No, this credit is not
available as a rebate or a check.
Yes, Budget Billing
customers are also eligible and will see their budget amount reduced by $50 for
the billing cycle during which the credit is applied.