Exelon’s Merger with Pepco Holdings is Affirmed by D.C. Court of Appeals

CHICAGO–(BUSINESS WIRE)–The District of Columbia Court of Appeals today affirmed the Public
Service Commission of the District of Columbia’s approval of Exelon’s
merger with Pepco Holdings, which combined Exelon’s three electric and
gas utilities – BGE, ComEd and PECO – with PHI’s three electric and gas
utilities, Atlantic City Electric, Delmarva Power and Pepco.

As a result of the merger, customers are seeing improved efficiency,
reliability and a broad array of other benefits. Today, the Court upheld
the Public Service Commission’s order, resolving all legal challenges in
the District of Columbia and enabling us to remain focused on providing
safe, reliable and affordable energy to all of our customers.

About Exelon

Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the
largest number of utility customers in the U.S. Exelon does
business in 48 states, the District of Columbia and Canada and had 2016
revenue of $31.4 billion. Exelon’s six utilities deliver electricity and
natural gas to approximately 10 million customers in Delaware, the
District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania
through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and
Pepco subsidiaries. Exelon is one of the largest competitive U.S. power
generators, with more than 32,700 megawatts of nuclear, gas, wind, solar
and hydroelectric generating capacity comprising one of the nation’s
cleanest and lowest-cost power generation fleets. The company’s
Constellation business unit provides energy products and services to
approximately 2.2 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100. Follow
Exelon on Twitter @Exelon.

Contacts

Exelon Corporate Communications
Paul Adams, 410-470-4167
[email protected]