Pepco Holdings, Inc. is a holding company incorporated in February 2001 for the purpose of effecting the acquisition of Conectiv Power Delivery by Potomac Electric Power Company . 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 and Atlantic City Electric Company in connection with the combination of DPL and ACE. In 2005, PHI resumed the use of the Delmarva Power and ACE brands 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. Operations of the various companies controlled by Pepco Holdings take place in the Mid-Atlantic states of the United States. Delmarva Power specifically serves the Delmarva Peninsula. Pepco Holdings was placed at 283rd on the 2006 Fortune 500, a list of American companies ranked by gross revenue.
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| NYSE symbol: | POM |
| Founded: | 1998 |
| Headquarters: | Washington, D.C., United States of America |
| Legal structure: | Public company |
| Annual revenue: | $10,700,000,000 |
| Net income: | $300,000,000 |
| Operating income: | $768,000,000 |
| Market cap: | $5,700,000,000 |
| Employees: | 5,474 |
| Industries: | Electric Services |