Company Overview of The Potomac Edison Company
The Potomac Edison Company provides electric services. The company engages in the distribution and retail sale of electricity to residential, commercial, and industrial customers in Maryland and West Virginia. As of June 28, 2016, it served approximately 257,000 customers in seven Maryland counties; and approximately 137,000 customers in the Eastern Panhandle of West Virginia. The company was founded in 1922 and is headquartered in Williamsport, Maryland. The Potomac Edison Company is a subsidiary of FirstEnergy Corp.
10802 Bower Avenue
Williamsport, MD 21795
Founded in 1922
Key Executives for The Potomac Edison Company
Chairman and Chief Executive Officer
Principal Financial Officer, Vice President and Director
President of West Virginia Operations
Chief Commercial Officer of Allegheny Energy Supply and Vice President of Strategic Planning of Allegheny Energy
Principal Accounting Officer and Controller
Compensation as of Fiscal Year 2016.
The Potomac Edison Company Key Developments
Potomac Edison Substation Project Underway to Accommodate Fast-Growing Howard, Frederick Counties in Maryland
Sep 21 16
Potomac Edison is upgrading equipment at a substation near Mt. Airy to help enhance service reliability for about 3,400 customers and meet increased electrical demand in the high-growth, eastern edge of its Maryland service area. The centerpiece of the $2.5 million substation project is replacing two distribution transformers with larger units that will increase the system's capacity and help power the new residential and commercial development planned for eastern Frederick and Howard counties, which includes the new Preserve at Harvest Ridge housing development near New Market. The substation upgrade includes the installation of two new breakers, a new substation control building, and the installation of automated and remote control devices designed to help reduce the number and duration of service interruptions. The first transformer was delivered to the substation earlier this month and is scheduled to be installed and operational by the end of the year 2016. The second transformer will be delivered and installed in early 2017. The transformers each measure 15 feet long by 13 feet wide by 14 feet tall, and weigh nearly 80,000 pounds. Overall, the project is expected to be completed by early 2017. The project is one of numerous distribution and transmission infrastructure projects totaling $128 million that FirstEnergy Corp. has planned in 2016 for the Potomac Edison service area.
Potomac Edison Power Announces Construction of New 34.5-Kilovolt
Jun 28 16
Potomac Edison begun construction of a new 34.5-kilovolt (kV) power line paralleling State Route 259 as part of a project to enhance service reliability for more than 2,200 customers in rural Hardy County, W.Va., including a nearby compressor station for a major natural gas pipeline. The new 14.5-mile power line is the centerpiece of the $5 million project, which will link an existing substation near Baker, W.Va., to a new substation that will be built in Mathias, W.Va., in 2017. Potomac Edison line crews currently are working in the Mathias area, setting 300 new 50-foot wooden utility poles that will carry the new line in existing right-of-way or new right-of-way near Route 259.
Potomac Edison Completes New Workforce Development Training Facility at its Williamsport Headquarters
Oct 22 15
Potomac Edison has completed a new training facility at its Williamsport, Md., headquarters, which includes an outdoor pole climbing yard and new classrooms. The new areas will be used to train students studying to become line workers through the company's Power Systems Institute (PSI) program and by current Potomac Edison personnel for on-going training and instruction. As part of this $800,000 project, indoor storage areas were converted to a 5,000 square foot training facility and an outdoor area was transformed into the climbing yard. Work began in February and was completed in August. The PSI program is a utility training partnership with Blue Ridge Community and Technical College in Martinsburg, W.Va. The students split their week learning hands-on utility skills at the new Potomac Edison facility along with technical coursework at Blue Ridge College classrooms. The outdoor climbing yard provides a realistic learning environment for instructors to teach students how to climb poles, tie knots for rigging, string conductor and work as a team. The yard has 17 poles of varying heights to test students as their skills progress. For example, some poles have cross arms attached near the ground so instructors can stand directly behind students and talk them through tasks. Other poles have equipment positioned near the top, allowing students to practice repairs high off the ground. In the near future, a steel transmission tower will be added to the yard for additional training opportunities. A second yard is planned, and will feature full-scale utility equipment that can be energized to mimic conditions in the field. The new classrooms are separated by a folding wall, contain numerous white boards, and feature 12-foot ceilings and double doors to accommodate large pieces of electrical equipment, such as transformers. PSI is a two-year educational program originally developed by FirstEnergy in 2000 to help train new utility line and substation workers. Currently, more than 300 students are enrolled in PSI programs at 12 schools in FirstEnergy'sOhio, Pennsylvania, New Jersey and West Virginia service areas, including 15 students enrolled in the program at Blue Ridge College.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|