Analysis of Exelon-Pepco Merger in New Jersey

New Jersey Division of Rate Counsel
Project completed March 2015

Synapse provided expert technical consulting services to the New Jersey Division of Rate Counsel related to Exelon Corporation’s proposed acquisition of Pepco Holdings. Specifically, Synapse reviewed the Joint Applicants' economic impact analysis; merger-related reliability issues; and concerns regarding concentration of ownership, market power, and market manipulation. Synapse submitted testimony in the legal proceeding on behalf of the NJ DRC. Synapse performed similar analysis related to the merger on behalf of clients in Delaware, Maryland, and the District of Columbia.

Related Publication(s):

Direct Testimony of Max Chang on Reliability Impact of Exelon-Pepco Merger in New Jersey Direct Testimony of Paul Peterson on Market Power Issues Related to the Exelon-Pepco Merger in New Jersey Direct Testimony of Tyler Comings Regarding Economic Impact Analysis in Proposed Exelon-PHI Merger in New Jersey