Pepco-Exelon Merger Commitments Tracking Matrix

Hosted By: Ronald Bethea

The Public Service Commission of the District of Columbia approved the Pepco-Exelon Merger on March 23, 2016

Customer Investment Fund
1. Exelon will provide a Customer Investment Fund (“CIF”) to the District of Columbia with a value totaling $72.8 million. This
represents a benefit of $215.94 per distribution customer (based on a customer count of 337,117 as of December 31, 2013). Pepco will not seek
recovery of the CIF in utility rates. 

Customer Base Rate Credit
2. Exelon will provide a Customer Base Rate Credit in the amount of $25.6 million, which can be used as a credit to offset rate increases for Pepco

3.  Exelon will also provide an Incremental Offset of up to $1 Million per year to be treated as a regulatory asset with a 5% return.