Exelon (EXC), Pepco (POM) Complete Merger Transaction

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Pepco Holdings and Exelon Close Merger Following Approval by the Public Service Commission of the District of Columbia

March 23, 2016 5:48 PM UTC

Companies to deliver hundreds of millions of dollars in merger benefits to customers and communities

WASHINGTON & CHICAGO--(BUSINESS WIRE)-- Exelon Corporation (NYSE: EXC) and Pepco Holdings Inc. (NYSE: POM) today announced that the two companies have completed their merger transaction, effective today. The announcement follows the approval of the merger by the Public Service Commission of the District of Columbia (DC PSC) earlier today.

The merger brings together Exelons three electric and gas utilities BGE, ComEd and PECO and Pepco Holdings three electric and gas... More

ComEd Marks Smart Meter Milestone by Encouraging Energy Savings

March 23, 2016 2:36 PM UTC

Utility has installed more than two million smart meters, urges customers to sign up for energy savings programs like Peak Time Savings.

CHICAGO--(BUSINESS WIRE)-- ComEd has reached the halfway point for installations of Smart Meters 2.1 million installed at a home in Rockford. At an event marking this milestone, ComEd urged customers with smart meters and those soon to receive them in Rockford, Chicago, and elsewhere in northern Illinois to sign up for smart meter-enabled energy savings programs like Peak Time Savings. In 2015, 57,000 ComEd customers enrolled in peak time savings and saved nearly $400,000.

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ComEd Expands Smart City Innovation with Smart Water Initiative

March 23, 2016 10:04 AM UTC

Illinois American Water will leverage ComEds smart grid network for water usage data

CHICAGO--(BUSINESS WIRE)-- In conjunction with the White House Water Summit in Washington, D.C., ComEd is announcing a collaboration with Illinois American Water to transmit water meter data through ComEds smart grid network. This innovative proof-of-concept collaboration will leverage ComEds existing digital smart grid network to help Illinois American Water better manage water data, unlocking potential new value for customers from ComEds smart grid investments.

Currently, ComEd is testing the use of smart water meters on its... More

Constellation, Sunrun Launch Home Solar Offering to Residential Electricity Customers

March 22, 2016 9:00 AM UTC

BALTIMORE, Md., March 22, 2016 (GLOBE NEWSWIRE) -- Constellation, a leading competitive retail energy supplier, and Sunrun (Nasdaq: RUN), the largest dedicated residential solar company in the United States, today announced that Constellation will offer residential electricity customers in Massachusetts, Maryland, New Jersey, and New York the opportunity to... More