Councilmember Cheh Statement on People’s Counsel Rejection of Pepco-Exelon Settlement Terms

WASHINGTON, D.C. – Today, March 1st, Councilmember Mary M. Cheh (D – Ward 3), Chair of the Committee on Transportation and the Environment, released the following statement in response to the People’s Counsel press release opposing the revised Pepco-Exelon merger settlement agreement:

 

“I applaud the decision of the People’s Counsel to reject the new settlement terms in the Pepco-Exelon merger offered by the Public Service Commission. The new deal is doomed, and the victory belongs to the people of the District of Columbia. Although we may have disagreed rather strenuously on prior terms, I am delighted that People’s Counsel Sandra Mattavous-Frye has taken the lead and shown courage and integrity on this critical issue that safeguards the District for decades into the future.”

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