Cheverly News and Announcements
Pepco Maryland residential customers are receiving the first installment of $100 in rate credits as a result of the merger between Pepco and Exelon. More than $48 million in credits will be distributed in two $50 installments for Pepco customers in Montgomery and Prince Georges Counties. The second $50 credit will be paid in one year.
The credits are applied to the bill balance, not as a rebate or check. Customers do not need to do anything to get their credit.
The Maryland Public Service Commission order approving the merger commits Pepco Holdings and Exelon to providing the $100 bill credits as part of a package of direct customer benefits valued at $78 million.