For Immediate Release
202-862-2680 (media hotline)
WASHINGTON, D.C. (July 20, 2021) – Pepco today filed its Climate Solutions Plan with the Public Service Commission of the District of Columbia (PSC), outlining the high-level approach the company proposes to implement to advance a smarter, stronger and cleaner energy system and to help the District achieve its leading climate goals, codified in the Clean Energy DC Omnibus Amendment Act of 2018. A significant amount of work by the PSC and District stakeholders, as well as Pepco, has led to this critical juncture to meet the bold, and important, decarbonization goals. This major step builds on Pepco DC's Climate Change Commitment that was announced last year and outlines the central role the company will play in enabling the District's roadmap toward electrification, clean energy, and energy reduction through a balanced portfolio that will help ensure an equitable energy system that maintains safe, reliable and affordable service for the company's 312,000 customers in the District.
"Pepco is a critical, active partner in helping the District of Columbia achieve its climate change goals," said Dave Velazquez, president and CEO or Pepco Holdings. "We recognize the need to act now and leverage our unique footprint across the region to ensure new energy services and technologies deliver climate benefits quickly, while enhancing equity in our communities and driving innovation and new opportunities for all District residents."
A diverse portfolio of actions and programs across the District will be necessary to meet the city's climate and clean energy goals. Pepco DC's plan envisions programs in four key areas:
These portfolios within the Climate Solutions Plan will drive greenhouse gas emissions reduction opportunities already identified by the District and provide the overall infrastructure needed to enable and support the city's broader vision.
To ensure these programs drive an equitable energy system that maintains affordability and reliability and enhances sustainability for all District residents, Pepco will follow five core principles in the development of these programs:
Together, these principles will support the city's vision to be the healthiest, greenest and most livable city in the United States, where access to clean resources and funding to deploy clean energy strategies and resources is equitable.
Pepco will also leverage the resources and expertise available to them as part of Exelon, the nation's leading energy company. The company will apply the best practices learned connecting customers with energy efficiency, smart meters, clean electric transportation options, distributed energy resources and smart city technology in Delaware, Illinois, Maryland, New Jersey and Pennsylvania to help ensure the District of Columbia leverages the most state-of-the-art, cost-effective and efficient services and programs.
Over the coming months, Pepco has committed to advancing the strategy laid out in the Climate Solutions Plan into 5-year and 30-year plans and to provide an implementation analysis of the plans supported by a cost-benefit analysis. Pepco will file these 5-year and 30-year plans with the PSC in October 2021.
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