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D.C. Statehood Green Party opposes Pepco-Exelon merger


David Schwartzman

Via email and GP.org:

The D.C. Statehood Green Party opposes a proposed merger by Pepco, the District’s investor-owned electricity supplier, and Chicago-based energy firm Exelon and is urging D.C. government to transfer the electric utility to public ownership.

On Thursday, Jan. 29, David Schwartzman testified and submitted testimony on behalf of the D.C. Statehood Green Party at a public roundtable held by the D.C. City Council Committee on Business, Consumer, and Regulatory Affairs.

“Rather than having Exelon owning our electric utility, or even continuing with the status quo, both our PSC and local elected government should seriously consider public ownership of our utilities, municipalizing Pepco, thereby putting our supplier under full public ownership, made fully transparent and accountable, removing the profit-hungry owners who do not serve the public interest,” said Dr. Schwartzman in his testimony.

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