Learn more about our policy experts.

Media Contacts

Angela Bradbery, Director of Communications
w. (202) 588-7741
c. (202) 503-6768
abradbery@citizen.org, Twitter

Don Owens, Deputy Director of Communications
w. (202) 588-7767

David Rosen, Press Officer, Regulatory Affairs
w. (202) 588-7742

Luis Castilla, Press Officer, Public Citizen’s Texas office
w. (512) 637-9467

Other Important Links

Press Release Database
Citizen Vox blog
Texas Vox blog
Consumer Law and Policy blog
Energy Vox blog
Eyes on Trade blog

Follow us on Twitter


Aug. 25, 2015

The System Works: D.C. Regulators Showed Courage in Rejecting Exelon’s Proposed Takeover of Pepco

Statement of Allison Fisher, Outreach Director, Public Citizen’s Energy Program

Congratulations to the D.C. Public Service Commission for showing courage today in rejecting Chicago-based Exelon’s acquisition of Pepco. The deal would have been bad for D.C. consumers, and the Commission was right to reject it – and refuse to succumb to Exelon’s extensive lobby campaign. Commissioners rightly listened to the many public interest voices opposed to the deal and determined that it failed to meet the District’s standard of public interest. It is heartening to see that the system works.

In rejecting the deal, D.C. regulators recognized that Exelon’s economic interest and business model are fundamentally incompatible with the District’s established policies of promoting renewable energy and localizing the generation of electricity, and that the potential harm of the merger to the District and its electric utility customers outweighed the benefit to shareholders – who would have received a $1.842 billion windfall had the merger been approved.

We applaud the Commission for basing its decision on the merits of this case. The District was the last jurisdiction to consider the merger and the only jurisdiction to reject it. While their colleagues in Delaware, Maryland and New Jersey yielded to corporate pressure and conditionally approved the takeover, D.C. regulators listened to the Office of People’s Counsel, four D.C. Councilmembers, 27 District advisory neighborhood commissions and more than 1,000 District residents – all of whom opposed the deal.

Ultimately, the conflict between what is good for Exelon and what is good for the District could not be resolved through stipulations and superficial fixes. At the end of the day, D.C. regulators chose what is best for D.C. residents. For this we commend them and congratulate the engaged D.C. citizenry who held them to it.


Copyright © 2017 Public Citizen. Some rights reserved. Non-commercial use of text and images in which Public Citizen holds the copyright is permitted, with attribution, under the terms and conditions of a Creative Commons License. This Web site is shared by Public Citizen Inc. and Public Citizen Foundation. Learn More about the distinction between these two components of Public Citizen.

Public Citizen, Inc. and Public Citizen Foundation


You can support the fight for greater government and corporate accountability through a donation to either Public Citizen, Inc., or Public Citizen Foundation, Inc.

Public Citizen lobbies Congress and federal agencies to advance Public Citizen’s mission of advancing government and corporate accountability. When you make a contribution to Public Citizen, you become a member of Public Citizen, showing your support and entitling you to benefits such as Public Citizen News. Contributions to Public Citizen are not tax-deductible.

Public Citizen Foundation focuses on research, public education, and litigation in support of our mission. By law, the Foundation can engage in only very limited lobbying. Contributions to Public Citizen Foundation are tax-deductible.