Pepco is a PUBLIC UTILITY. In September 2024, I caught Pepco red-handed, FABRICATING meter readings & artificially INFLATING my billed usage.
It is BLACK LETTER LAW that Pepco MUST bill its customers based on ACTUAL meter readings. Residential customers DO NOT bear the burden to prove how much electricity they used because Pepco DESTROYS EVIDENCE.
Pepco is relying on its CORRUPT INFLUENCE over the DC government to BURY THE EVIDENCE of its BILLING FRAUD, so it can continue FABRICATING meter readings & FRAUDULENTLY OVER-BILLING the residents of the District of Government.
Pepco knows its PAY-TO-PLAY scheme is locked down. The DC GOVERNMENT is NEVER going to STOP Pepco’s ILLEGAL PROFITEERING. Pepco is so CONFIDENT that it will NEVER get caught that it is OPENLY acting in BAD FAITH.
Pepco was legally REQUIRED to RESOLVE the consumer complaint I filed with the Commission in OCTOBER 2024. Pepco knew that it couldn’t support its billing with business records, so it issued fraudulent revised billing to maintain its multi-layered Unaccounted For Energy (UFE) fraudulent billing, Multi-Year Rate increase Scam, & manipulation of the PJM-EIS wholesale market. Then it tortured me for 18 months trying to cover it up.
The General Counsel of Pepco Holdings, Inc., Anne Bancroft, has been on specific notice of Pepco’s falsified meter readings, fraudulent billing, and other unlawful, illegal, & unethical actions by attorneys under her direct supervision since December 24, 2025. She condoned Assistant General Counsel Kunle Adeyemo’s handling of my Formal Hearing case.
We, the People, Can Take the Power Back
The PUBLIC can fight back by making this go viral. Exelon is a Fortune 200 Company and has a duty to its shareholders to avoid material reputational risk & material legal risk. Brian Caldwell at the Office of the Attorney General said that Pepco makes every decision based on cost, so We, the People, balance the scales of justice the louder we get about Pepco’s unlawful and illegal actions.
The PUBLIC can fight back by demanding an investigation under the Terms and Conditions of the Exelon/Pepco merger. If Pepco materially violates its legal obligations, the DC Public Service Commission can order SEVERANCE of the merger.
The PUBLIC can fight back by petitioning for a court order forcing the Commission and OPC to perform their mandatory statutory duties. It is called a writ of mandamus and I could draft it, but I’d never stand a chance against the holy trinity of corruption – Pepco, PSC, and FauxPC.
The PUBLIC can fight back and call on Mayor Bowser to remove the corrupt commissioners of the DC Public Service Commission and the corrupt People’s Counsel that she appointed, and the DC Council approved, for “neglect of duty or misconduct in office.” If the PUBLIC doesn’t fight back, we are going to be victims of Pepco’s artificially inflated meter readings & rate hikes forever.
If Pepco Holdings, Inc. isn’t cooking the books to artificially inflate Exelon’s profits, why has Pepco billed me using NOT VALIDATED meter readings since I established service on 7/1/2023?.
If Pepco Holdings, Inc. isn’t cooking the books to artificially inflate Exelon’s profits, why is Pepco using forecast data based on NOT VALIDATED meter readings to request rate increases under DC PSC’s Pilot Multi-Year Rate Scam?
Pepco is a FOR PROFIT “public utility,” so it has plenty of money for CORRUPT INFLUENCE when it is able to squeeze unconscionable profits out of ~919,000 customers in DC and MD:
- $401,000,000 net income in 2025;
- $390,000,000 net income in 2024; and
- $306,000,000 net income in 2023.
Pepco customers
2025 Profitability vs. Official Customer Base
| Subsidiary (SEC Registrant) | 2025 GAAP Net Income | Official Customers | Profit Per Customer |
|---|---|---|---|
| Pepco (Potomac Electric) | $401 Million | 919,000 | $436.34 |
| PECO (PA) | $814 Million | 2,253,000 | $361.29 |
| ACE (Atlantic City Elec) | $194 Million | 572,000 | $339.16 |
| DPL (Delmarva Power) | $204 Million | 701,500 | $290.80 |
| BGE (Baltimore Gas & Elec) | $578 Million | 2,000,000 | $289.00 |
| ComEd (IL) | $1,147 Million | 4,000,000 | $286.75 |