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The generation mix has them very well positioned for the future with 80+% from nuclear, natural gas, and hydro. Coal is not where to be with EPA rulemaking status and prognosis. Selling 3 coal plants for low-ball prices is part of the price of the merger which now has EXC the largest competitive energy provider and the second-largest distributor of elctric and gas.

The dividend yield is reason enough to own this now and represents some upside when they announce the next dividend at around 5.6%. The widely misquoted 4% yield is - erroneously - holding the stock back to some degree.
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