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In December 2011, the non-partisan organization Public Campaign criticized Pepco Holdings for spending $3.76 million on lobbying and not paying any taxes during 2008–2010, instead getting $508 million in tax rebates, despite making a profit of $882 million and increasing executive pay by 118% to $9.7 million in 2010 for the top 5 executives.
Conectiv Power Delivery was acquired by the Potomac Electric Power Company in 2002 for $5.4 billion, which resulted in Pepco Holdings being created as a holding company that owned both utility companies. [6] In 2005, Pepco Holdings brought back the Delmarva Power and Atlantic City Electric names in place of Conectiv Power Delivery. [7]
Atlantic City Electric and its almost 400 union employees have reached a tentative agreement after a month-long strike. Though details are confidential, the company said a proposed contract would ...
Atlantic City Electric is a regulated utility in New Jersey with 545,000 electric customers. [1] Baltimore Gas and Electric (BGE) is a regulated utility in Maryland with 1.25 million+ electric customers and 650,000+ natural gas customers. [1] Commonwealth Edison (ComEd) is a regulated utility in Illinois with 4 million electric customers. [1]
Almost 400 Atlantic City Electric employees are members of the International Brotherhood of Electrical Workers Local Union 210.
Atlantic City, sometimes referred to by its initials A.C., is a Jersey Shore seaside resort city in Atlantic County, in the U.S. state of New Jersey.. Atlantic City comprises the second half of the Atlantic City-Hammonton metropolitan statistical area, which encompasses those cities and all of Atlantic County for statistical purposes.
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Atlantic City Electric, a subsidiary of Exelon; Jersey Central Power and Light Company, a subsidiary of FirstEnergy; Public Service Electric and Gas Company (PSE&G)