Exelon & Pepco Merger Hearings Start This Week | Millions of Dollars At Stake for Affordable Housing Industry!
Exelon Corporation is in the process of acquiring Pepco Holdings, Inc., including Pepco’s Maryland operating companies: Potomac Electric Power Company (Pepco), and Delmarva Power & Light Company (Delmarva Power). Why does the merger of Exelon and Pepco Holdings matter for affordable housing? Tens of millions of dollars are at stake! To show that the merger is in the public interest, Exelon is proposing to create a Customer Investment Fund (CIF) and how these funds are to be used will be up to the MD PSC. HAND has joined the National Housing Trust in an effort to ensure the proposed merger is in the public interest.
Hearings will be held starting today through January 14th in different parts of Maryland. The hearings will provide an opportunity for the MD PSC commissioners to learn about why improving the energy efficiency of multifamily affordable housing is in the public interest. For questions on this effort, please contact Todd Nedwick at email@example.com or 202-333-8931 x 128.
For assistance drafting talking points, please use these templates:
If you plan to testify at a hearing, please sign up using the Google Document here.
1. Tuesday, January 6, 2015 — Beginning at 7:00 PM
Kent County Public Library
408 High Street, Chestertown, Maryland 21620
2. Wednesday, January 7, 2015 — Beginning at 7:00 PM
Chesapeake College – Cadby Theatre, Wye Mills Campus
Eastern Shore Higher Education Center
Routes 50 and 213, Wye Mills, Maryland 21679
3. Thursday, January 8, 2015 — Beginning at 7:00 PM
Salisbury University, Room TETC – 153
1101 Camden Avenue, Salisbury, Maryland 21801
4. Tuesday, January 13, 2015 — Beginning at 6:00 PM
Montgomery County Council Office Building Auditorium
100 Maryland Avenue, Rockville, Maryland 20850
5. Wednesday, January 14, 2015 — Beginning at 6:00 PM
Prince George’s County Community College Room 227 – Community Room B
301 Largo Road, Largo, Maryland 20774