Exelon (EXC) announced that approximately $13M will be returned to natural gas customers in the form of refunds and lower long-term costs, following the resolution of a multi-year federal pipeline rate case that would have increased natural gas delivery costs for customers. Exelon’s advocacy also helped avoid more than $12M annually in additional costs that would have otherwise been passed on to customers. Customers of three Exelon operating companies will benefit from the $13M in immediate savings, including $8.9M for PECO, $3.6M for Delmarva Power, and $500,000 for BGE.
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