Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 11, 2016 12:05 AM ET

Multi-Utilities

Company Overview of Delmarva Power & Light Co.

Company Overview

Delmarva Power & Light Company, a regulated public utility, engages in the transmission, distribution, and supply of electricity in the portions of Delaware and Maryland. The company also distributes and supplies natural gas in New Castle County, Delaware; and provides transportation-only services to retail customers that purchase natural gas from other suppliers. It serves approximately 500,000 residential, commercial, and industrial clients. The company was incorporated in 1909 and is based in Newark, Delaware. Delmarva Power & Light Co. operates as a subsidiary of Conectiv, LLC.

800 King Street

PO Box 231

Wilmington, DE 19899

United States

Founded in 1909

883 Employees

Phone:

302 429 3114

Key Executives for Delmarva Power & Light Co.

Chief Executive Officer and President
Age: 55
Chief Financial Officer, Senior Vice President, Chief Financial Officer of Pepco Holdings Inc, Chief Financial Officer of Potomac Electric Power Company, Chief Financial Officer of Atlantic City Electric Company, Senior Vice President of Pepco Holdings Inc and Senior Vice President of Potomac Electric Power Company
Age: 57
Chairman, Chairman of ACE, Chairman of Pepso, Chief Executive Officer of PHI, Chief Executive Officer of ACE and President of PHI
Age: 58
Chief Executive Officer of Pepco Energy Services Inc and President of Pepco Energy Services Inc
Age: 55
President of the Delmarva Safety Association
Compensation as of Fiscal Year 2015.

Delmarva Power & Light Co. Key Developments

Delmarva Power to Enhance Electric Service in Worcester and Accomack Counties

Delmarva Power announced plans to enhance electric service in Worcester and Accomack counties by building a new 138 kV transmission line and rebuilding an old 69 kV line between Piney Grove substation in Salisbury, Maryland and Wattsville substation in Virginia. The new infrastructure will carry both the 138 kV and 69 kV circuits on one power line. Delmarva Power will invest approximately $45 million in the nearly 31-mile project. A total of 447 wooden structures, ranging in height from 45 to 75 feet, will be replaced with new, single steel pole structures that are 60 to 135 feet tall. Steel poles are more durable, require less maintenance and can withstand hurricane force winds of 120 mph. Work is scheduled to begin in October 2016 with completion targeted for June 2018.

Delmarva Power Appoints Robert Gregory as President of the Delmarva Safety Association

Delmarva Power appointed Robert Gregory as president of the Delmarva Safety Association, or DSA. Gregory becomes the Delmarva Power employee to serve as president of the DSA board of directors, which is composed of business owners, managers and safety officers from across the Delmarva Peninsula.

Delmarva Power to Invest Approximately $45 Million in the Nearly 31-Mile Project

Delmarva Power announced that it will invest approximately $45 million in the nearly 31-mile project. A total of 447 wooden structures, ranging in height from 45 to 75 feet, will be replaced with new, single steel pole structures that are 60 to 135 feet tall. Steel poles are more durable, require less maintenance and can withstand hurricane force winds of 120 mph. Work is scheduled to begin in October 2016 with completion targeted for June 2018.

Similar Private Companies By Industry

Company Name Region
BHE Renewables LLC United States
Integrys Energy Services of Texas, LP United States
NorthWestern Capital Financing II United States
HL&P Capital Trust IV United States
Morris Cogeneration LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Delmarva Power & Light Co., please visit www.delmarva.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.