Exelon Offers Power at $2 Billion Less than FirstEnergy

In bombshell testimony in the FirstEnergy power purchase agreement case before the Public Utilities Commission of Ohio (PUCO), Exelon offered power at a cost $2 billion less than FirstEnergy is proposing, over the eight-year term of the proposal.

Exelon opposes the FirstEnergy proposal and suggested that the PUCO should let the competitive marketplace set prices.  It noted that other competitors might have a better price than even Exelon.