Opponents say the pact offers minimal rate cuts.
It could pay the utility extra for its stranded costs. The proposed settlement reached last month in the Peco restructuring case is not what it claims to be, opponents of the deal say. They say customers could even wind up paying more than 100 percent of what Peco said it needed as full compensation for losses it anticipates in a competitive market. But opponents say the cuts are minimal, given that Peco's rates start out among the nation's highest. The agreement was presented as speeding up consumers' access to a competitive marketplace for electricity.