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Encyclopedia > Delmarva Power
Pepco Holdings, Inc
Image:Pepco Holdings.gif
Type Public
Founded 2001
Headquarters Washington, D.C., USA
Key people Dennis R. Wraase, CEO, Chairman, & President
Industry Electric Utility
Products Electricity
Revenue $7.22 billion (2004)
Employees 5,592
Website pepcoholdings.com

Pepco Holdings, Inc. (or "PHI" NYSE: POM) is a holding company incorporated in February of 2001 for the purpose of effecting the acquisition of Conectiv Power Delivery by Potomac Electric Power Company (better known as "Pepco"). The acquisition was completed on August 1, 2002 at which time Pepco and Conectiv became wholly owned subsidiaries of PHI. Conectiv itself had been formed in 1998 to be the holding company of Delmarva Power & Light Company (DPL, better known as "Delmarva Power") and Atlantic City Electric Company (ACE) in connection with the combination of DPL and ACE. In 2005, PHI resumed the use of the DPL and ACE entity names for purposes of operations, with the result that Conectiv Energy was the only remaining Conectiv brand and was restricted for PHI's energy production facilities. A public company is a company owned by the public rather than by relatively few individuals. ... Nickname: DC, The District Motto: Justitia Omnibus (Justice for All) Location of Washington, D.C., in relation to the states Maryland and Virginia Coordinates: Federal District District of Columbia  - Mayor Adrian M. Fenty (D)  - City Council Chairperson: Vincent C. Gray (D) Ward 1: Jim Graham (D) Ward 2: Jack Evans... An electric utility is a company (often a public utility) that engages in the generation, transmission, and distribution of electricity for sale generally in a regulated market. ... Lightning strikes during a night-time thunderstorm. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... This article is about the stock exchange itself. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... The Potomac Electric Power Company (known as PEPCO) is a public utility supplying electric power to the city of Washington, DC and to surrounding communities in Maryland. ... August 1 is the 213th day of the year in the Gregorian Calendar (214th in leap years), with 152 days remaining. ... For album titles with the same name, see 2002 (album). ...


Operations of the various companies controlled by Pepco Holdings take place in the Mid-Atlantic states of the United States. Delmarva Power specifically serves the Delaware Valley. It has been suggested that Middle Atlantic States be merged into this article or section. ... The Delaware Valley, also known as the Philadelphia-Camden-Vineland, PA-NJ-DE-MD Metropolitan Combined Statistical Area, is named for the Delaware River which flows through the region. ...


Pepco Holdings was placed at 283rd on the 2006 Fortune 500, a list of American companies ranked by gross revenue. The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... For the tax agency in the UK of the same name , see HM Revenue and Customs. ...

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