April 27, 2020

DELMARVA POWER

By Checker Bot

Updated 05-May-2020.

Mondo shtuff from around the internet, all about DELMARVA POWER!

Delmarva Power lowers rate increase request by $26 million as result of corporate tax cuts: Recent corporate tax cuts effectively have prompted Delmarva Power to reduce a rate increase request by $26 million, the company announced on Friday.

COMPANY NEWS; DELMARVA POWER TO BUY PECO ENERGY UNIT

My botty best at summarizing from Wikipedia: Delmarva Power is an energy company that provides electricity and natural gas to customers in the states of Delaware and Maryland . the company is a subsidiary of Exelon . in 1943, Delaware Power & Light acquired Eastern Shore the name of the company was changed to Delmarva Power & Light in 1966 . in 1994, the company announced it would acquire the Conowingo Power Company . the merged utility company became known as Conectiv Power Delivery in 2005, pepco brought back the names Delmarva Power and Atlantic City Electric in place of Conectiv Power Delivery . on April 30, 2014, Exelon announced that it would acquire Pepco Holdings, the Exelon serves as the parent company of Delmarva Power . in 2018, after Congress reduced corporate tax rates from 35% to 21%, DelMarva Power announced they were reducing their annual power rate increase request for their territory