Friday, July 10, 2009 6:11 PM
Gov. Martin O'Malley (D) applauded both Pepco and the state's Public Service Commission today after the utility announced it would grant $39 million in bill credits to its 500,000 Maryland customers as a result of an earlier legal settlement with Mirant Corp., the company that purchased Pepco's power plants in 2000. "The Maryland Public Service Commission and its Staff worked diligently to make sure Maryland consumers were represented and protected in this settlement," O'Malley said in a statement. "I also appreciate Pepco's willingness to work with the Maryland Public Service Commission as we work to secure our energy future."