Exelon drive to takeover Pepco aimed at fleecing ratepayers to prop up failing atomic reactors

As reported by David Roberts at Grist, Exelon Nuclear proposed takeover of Pepco represents a "Big, nuke-heavy utility looking for new ratepayers to fleece." It is part and parcel of Exelon's desperate bid to keep its dirty, dangerous, uncompetitive, aging nuclear power reactor fleet afloat. But anti-nuclear and environmental groups, the public interest movement, businesses, and consumer and ratepayer advocates are fighting back.

A big part of that push back, as by the coalition called PowerDC, is to promote distributed rooftop solar on residences and small businesses throughout the District of Columbia. Given its behavior elsewhere in the country, Exelon's takeover of Pepco could seriously undermine DC's progressive, mandated energy efficiency and renewable energy goals.