Pepco Holdings
| Pepco Holdings, Inc
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | US7132911022 |
| founding | 2001 |
| resolution | 2016 |
| Reason for dissolution | Takeover by Exelon |
| Seat | Washington, DC |
| management | Joseph M. Rigby, CEO , Chairman and President |
| Number of employees | 5,474 (2008) |
| sales | $ 2.14 billion (2009) |
| Branch | power supply |
| Website | www.pepcoholdings.com |
Pepco Holdings, Inc. ( short: PHI ) was an American holding company based in Washington before it was taken over by Exelon .
The distribution, transmission and delivery of electricity and the supply and delivery of natural gas are carried out by subsidiaries Potomac Electric Power Company , Delmarva Power and Light Company and Atlantic City Electric Company . The company serves more than 1.9 million customers in the states of Delaware , Maryland , New Jersey and the federal district of Washington, DC
The pipeline network in large parts of the area supplied by pepco is laid above ground on wooden masts. Power outages regularly occur after storms. In the US, every household has an average of one and a half hours of power outage each year; in Japan it's four minutes. From 2015 pepco plans to lay 60 percent of the network underground.