"District should reject Exelon-Pepco merger, energy think tank says in report"

As reported by the Washington Post, the Cleveland-based Institute for Energy Economics and Financial Analysis has warned the Washington, D.C. Public Utility Commission against approving the Exelon Nuclear/Pepco merger, "in part because Exelon’s business model relies too heavily on an aging group of nuclear power plants."

In a bid to prop up its dirty, dangerous, and uncompetitive fleet of atomic reactors, Exelon would gouge Mid-Atlantic ratepayers on their electricity bills. At the same time, it would likely lobby to undermine progressive renewable power and energy efficiency strides already made in such places as Maryland and D.C.

Dcist has also reported on this story.