On March 23 our merger with Exelon
Corporation was completed, making us a member of the Exelon family of
companies. As a result, $62 million in
rate credits will be distributed among our residential and commercial customers
as part of the Customer Investment Fund provided by Exelon.
All Atlantic City Electric customers of
record with an active account 30 days after the merger are eligible to receive
a rate credit.
This one-time rate credit of approximately
$113.16 is the same for all of our Atlantic City Electric customers.
You will see this credit listed as an
“Exelon Rate Credit” and it will be applied toward your total amount due.
When applied, the Exelon Rate Credit will
appear in the “Electric Summary” section of customer bills, found on page 2.
No, this credit is not available as a
rebate or a check.