Exelon, Pepco offer new proposal to get $6.8B deal approved
NEW YORK (AP) — Exelon, in an effort to get its $6.8 billion buyout of Pepco approved, offered a new proposal Monday that it hopes will win the last regulator's support. In Monday's proposal, Chicago-based Exelon said it will give the DC Public Service Commission $20 million it can use for customer discounts, help low-income customers or modernize the grid.