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By Tammy Bruce
Team Obama's bizarre behavior helps Gitmo terrorists foil justice
Topic - Pepco Holdings
Pepco Holdings, Inc. (PHI) 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. - Source: Wikipedia
This is a topic that one must approach delicately so as not to offend the reader's sensibilities, but since it is a matter of importance for which you may receive a bill for some portion of $470 million, we start out with an analogy.
A tornado was reported in central Montgomery County amid fast-moving storms that buffeted the D.C. area Thursday with rain and wind, National Weather Service officials said.
Pepco has been faulted repeatedly for dismal reliability and the electric company's hundreds of thousands of customers have little choice but to go with the monopoly, yet its chief executive's compensation package rose from $6.7 million in 2011 to $11.4 million last year, financial documents filed last week show.
The organization that monitors power companies in Maryland on Wednesday set a deadline for utilities to submit their plans to improve service and avoid future weather-related disasters.
More than 100,000 people in the D.C. metro area are without power Tuesday morning in the aftermath of Hurricane Sandy, but local officials say things could have been much worse.
Energy providers in the D.C. region are urging residents to stay safe, warm and patient as Hurricane Sandy knocks out power to thousands of homes and leaves outages that could last for several days.
Amid a looming labor crisis and push for rate increases, the utility serving the nation's capital has given a big pay raise to the newly hired top lawyer and a $700,000 severance deal that will keep the company's longtime general counsel around for years in a newly created consultant's job, regulatory filings show.
Members of a newly formed task force looking at ways to reduce power outages in the District said it might be wiser to bury power lines only in high-risk areas than shell out billions for a citywide project.
D.C. Mayor Vincent C. Gray said Thursday a newly formed task force is set to explore the best way to bury power lines in the District, a costly game-changer intended to thwart the kind of long term power outages that plagued the capital region after a fierce windstorm on June 29.
D.C. Mayor Vincent C. Gray said Thursday a newly formed task force will explore the best way to bury power lines in the District, a costly game changer intended to thwart the kind of long-term power outages that plagued the capital region after a fierce windstorm on June 29.
Pepco is asking its customers to conserve energy as high temperatures descend on the D.C. area.
People on both sides of the power lines agree the derecho storm that barreled through the Washington area in late June brought wicked weather, the likes of which have never been experienced in the region.
Citing Pepco’s lack of reliability and failure to invest in improving its infrastructure, the Maryland Public Service Commission denied most of a requested rate increase for the utility and decreased its rate of return to investors on Friday.
Members of the Montgomery County Council on Thursday unleashed their frustration with Pepco, publicly scolding the beleaguered utility company for what they deemed an "antiquated system" that "let [its] infrastructure go to hell."
Pepco officials say they are ready and willing to enter into serious talks with customers and the D.C. government about burying power lines, an expensive proposition viewed as an antidote to power outages like those that afflicted the region during the heat wave and monster thunderstorm earlier this month.