If approved, Pepco estimates that residential customers would see an increase of $4.36 a month.

“Neither of the alternatives offered by the PSC or the joint applicants guarantees the type of rate protection I have been seeking in this case for almost two years,” Sandra Mattavous-Frye said in a statement.

Pepco and Exelon fight to keep their merger alive.

Is this the end for the $6.8 billion deal?

It says that the revised terms of the deal “nullify the benefits.”

They rejected the settlement as is, but the companies have 14 days to agree to revised terms for the deal.

It comes on the heels of a WAMU report that shows Exelon hired the former head of FreshPAC to lobby that administration.

Opponents try to end the $6.4 billion deal while Pepco and Exelon look to increase public support with town hall.

The General Services Administration has ended its criticism of the deal.

Meanwhile, activists opposed to the Pepco-Exelon deal are calling for increased scrutiny of the “role of pay-to-play politics in her administration.”