DELMARVA POWER RESIDENTIAL CUSTOMERS IN MARYLAND RECEIVE FIRST OF TWO $50 BILL CREDIT FROM EXELON MERGER COMMITMENT

NEWARK, DE - Starting today, Delmarva Power-Maryland residential customers will receive the first of two $50 installments in rate credits as a result of the merger between Exelon and Pepco Holdings which is the parent company of Delmarva Power. The more than $17 million in credits will be distributed in two $50 installments for Delmarva Power-Maryland customers.

The credits will be automatically applied to each household’s bill as part of a broader package of benefits that will make energy more affordable for Delmarva Power-Maryland customers as a direct result of the merger. The credits are applied to the bill balance, and will be reflected on each customer’s bill.

“This is the beginning of the many benefits resulting from our merger with Exelon,” said Gary Stockbridge, Delmarva Power region president. “These include financial, environmental, and reliability benefits as well as additional assistance programs and guaranteed ongoing philanthropic benefits for the next 10 years in the communities we serve to help those most in need,” Stockbridge added.

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