This merger would save the government money and allow one entity to control national weather products.
In addition, they say the merger is saving the city millions of dollars.
The utilities, which announced a plan on Dec. 28, said a merger would save $1 billion over 10 years.
By some estimates, the merger would have saved more than $200 million a year.
They said the merger would result in major economies and save consumers $100 million or more each year.
The merger would eliminate overlap, save money and strengthen the Voice.
The banks say a merger could save $650 million.
In 2000, Labine mentioned that a merger would not save money.
The 1695 merger had not saved either company from financial ruin.
The companies said the merger and their earlier alliance will save them some $485 million.