Delmarva Power parent completes spin-off of power generation, marketing business

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Delmarva Power’s parent company, Exelon, completed its separation from power generation and competitive energy business, Constellation.

Delmarva Power remains part of Exelon, a large transmission and distribution company serving more than 10 million customers in the Mid-Atlantic region and the Chicago area. The Delmarva territory includes Delaware, as well as the Eastern Shore and Upper Shore of Maryland.

Delmarva has its headquarters near Newark. Exelon is based in Chicago

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Delmarva had sold off its generating assets before coming part of Pepco and later Exelon. The same happened with Exelon, which has now spun off its generating assets that include aging nuclear power plants into Constellation. Exelon earlier sold off coal-fired power plants

 As part of the latest change, Delmarva Power, its parent company and sister utilities – Atlantic City Electric, BGE, ComEd, PECO and Pepco – have unveiled a new corporate logo as part of a rebranding that will extend to its customer communications and marketing.

“We are excited to continue to be part of the Exelon family and remain committed to powering a cleaner and brighter future for our customers and communities,” said Tyler Anthony,  CEO, Pepco Holdings, which includes Delmarva Power. “Every day, we work to deliver safe, reliable, affordable, and clean energy, and that will not change. We look forward to continuing to bring our customers the benefits of being part of the nation’s premier transmission and distribution utility company.”

Delmarva Power leadership remains in place and the company will maintain its community service and   Climate Commitment

Delmarva Power cited the following accomplishments

  • Infrastructure improvements during the last ten years have driven a 53-percent decrease in the frequency of electric outages Delmarva Power customers experienced. 
  • Delmarva Power purchased $103 million in goods and services, in 2020, from diversity-certified suppliers, which equates to 28 percent of the company’s total yearly purchases.
  • Delmarva Power provided more than $1.2 million in financial support, in 2021, for nonprofits and community partners across our service area.
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