For Immediate Release
NEWARK, DE (April 18, 2016) - Delmarva Power electric and gas customers
this month and into May will see a $122.64 and $49.95 credit respectively on
their monthly bill, the first of many benefits they will receive as part of the
merger completed last month between Exelon and Pepco Holdings, Inc, the parent
company of Delmarva Power.
The credits will be automatically applied to each household's
bill as part of a broader package of benefits that will make energy more affordable
for Delmarva Power customers in Delaware as a direct result of the merger. The
credits are applied to the bill balance and will be reflected on each
"This is only the beginning of the many benefits resulting
from our merger with Exelon," said Gary Stockbridge, Delmarva Power region
president. "Beyond the bill credit, there are financial, environmental,
and reliability benefits as well as additional assistance programs for those
most in need and guaranteed ongoing philanthropic contributions for the next 10
years in the communities we serve."
For more information about
the Exelon Rate Credit, visit delmarva.com/billcredit or call 1-800-375-7117.
Other merger benefits
for Delmarva Power customers in Delaware include:
and Pepco Holdings completed their merger transaction on March 23, following
the approval of the merger by the Public Service Commission of the District of
Columbia. The merger has brought together Exelon's three electric and gas
utilities - BGE, ComEd and PECO - and Pepco Holdings' three electric and gas
utilities - Atlantic City Electric, Delmarva Power and Pepco - to create the
leading mid-Atlantic electric and gas utility company.