BNET Industries

Last Fiscal Year Sales:$6.0B
- Private
- US
Dow Jones Description
Delmarva Power is a regulated electric utility that provides transmission and distribution services and is a wholly owned subsidiary of Pepco Holdings, Inc. (PHI). We deliver electricity to 498,000 homes and businesses in the Delaware and along the Eastern Shore of Maryland. Delmarva Power is committed to ensuring that our customers continue to receive the highest quality service available. We place a high value on being a good corporate citizen. We conduct our business responsibly and in a manner designed to protect the health and safety of our employees, our customers, the general public and the environment. We encourage and support our employees who give their time and energy creating a brighter future for others.
Chairman of the Board, President and Chief Executive Officer
Dennis R. WraaseNumber of Employees 5,000
Peer Companies
NAICS Code Other Electric Power Generation: 221119
Recent Events
-
City of Dover, Delmarva Power, Partnering for 10 MW Solar Park
News & Analysis
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delmarva power and pepco - All News and Analysis
Pepco Holdings Announces Executive Changes
WASHINGTON -- Joseph M. Rigby, President and Chief Operating Officer of Pepco Holdings, Inc. (NYSE:POM), today announced personnel changes reflecting the company's commitment to build and maintain a strong, diverse and dynamic management team. Hallie M. Reese, currently Vice President, Gas Delivery for Delmarva Power, a wholly owned subsidiary...
Pepco Holdings Reports First-Quarter 2008 Earnings; Conference Call Scheduled
WASHINGTON -- Pepco Holdings, Inc. (NYSE:POM) today reported first quarter 2008 consolidated earnings of $99.2 million, or 49 cents per share, compared to $51.6 million, or 27 cents per share, in the first quarter of 2007. There were no special items in the first quarter of 2008 or the first...
Pepco Holdings Announces Key Executive Promotions
WASHINGTON -- Dennis R. Wraase, Chairman and Chief Executive Officer of Pepco Holdings, Inc. (NYSE:POM), today announced the promotion of four key executives to further advance the company's financial, reliability and customer satisfaction goals. Charles R. Dickerson, currently Vice President, Strategic Planning and Chief Risk Officer, will assume the...
Pepco Holdings Reports Full-Year and Fourth-Quarter 2007 Earnings; Conference Call Scheduled
WASHINGTON -- Pepco Holdings, Inc. (NYSE:POM) today reported full year 2007 consolidated earnings of $334.2 million, or $1.72 per share, compared to $248.3 million, or $1.30 per share, in 2006. Excluding special items as described below, earnings for the full year 2007 would have been $296.5 million, or $1.53 per...
Pepco Holdings Reports Third-Quarter 2007 Earnings; Conference Call Scheduled
WASHINGTON -- Pepco Holdings, Inc. (NYSE:POM) today reported third quarter 2007 consolidated earnings of $167.6 million, or 87 cents per share, compared to $104.0 million, or 54 cents per share, in the third quarter of 2006. Excluding the special items described below, earnings for the 2007 quarter would have been...
Pepco Holdings Announces Executive Changes
WASHINGTON -- Pepco Holdings, Inc. (NYSE:POM) Chairman of the Board, President and Chief Executive Officer Dennis Wraase today announced several upcoming executive appointments. Tom Shaw, Executive Vice President and Chief Operating Officer, will retire on September 1, 2007 after 36 years of service. Replacing Mr. Shaw as Executive Vice...
Pepco Holdings Reports Second-Quarter 2007 Earnings; Conference Call Scheduled
WASHINGTON -- Pepco Holdings, Inc. (NYSE:POM) today reported second quarter 2007 consolidated earnings of $57.2 million, or 30 cents per share, compared to $51.2 million, or 27 cents per share, in the second quarter of 2006. There were no special items for the second quarter of 2007 or the second...
Pepco Holdings Names Debbi Jarvis Vice President, Communications
WASHINGTON -- Pepco Holdings, Inc., (NYSE:POM) has appointed Debbi Jarvis as Vice President, Communications, with responsibility for all external and internal communications for the utility holding company and its three operating utilities. Jarvis, a former anchor/reporter for NBC4 in Washington, joined PHI in 2004 as manager of media relations....
Distribution rates may rise in Md. for first time since 1998
Several Maryland utility companies are looking to increase their rates for the delivery of power in hopes of boosting revenue in what is now supposed to be their primary line of business. Delmarva Power and Potomac Electric Power Co., both owned by Pepco Holdings Inc., have cases before...
Two Maryland utilities seek rate hikes
In separate but nearly identical announcements on Friday, both Delmarva Power and Pepco said they asked the Maryland Public Service Commission for permission to raise electricity delivery rates in Maryland. Delmarva Power, which serves Maryland, Delaware and Virginia, asked the PSC to authorize a 3.4 percent increase totaling $20.3 million....
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Gary Stockbridge | President, Delmarva Power Region |
| Paul H. Barry | Senior Vice President and Chief Financial Officer |
| Beverly L Perry | Senior Vice President |
| Charles Dickerson | Delmarva Power's Vice President, Gas Delivery |
| Glenn Moore | Delmarva Power Regional Vice President |
| James P. Lavin | Vice President Controller |
| John J. Allen | Vice President |
| Mike Maxwell | Vice President, Emergency Preparedness |
| Mike Poncia | Vice President, Gas Delivery |
| Ronald K Clark | Vice President and Controller |
| William H Spence | Vice President of Trading |
| Bill Yingling | Director, Corporate Communications |
| Tim Brown | Director, Corporate Communications |
| Marianne Abdul | Wholesale Manager |
| Russell T Larson | Controller General, Office of the Controller General |
| Bill Paolello | Senior Safety Coordinator |
| John A Hughes | Secretary, Department of Natural Resources and Environmental Control |
| Kirk J Emge | Delmarva Power's General Counsel |
| Larry Larimore | Delmarva Power Safety Supervisor |
| Matt Likovich | Spokesman |
| Moira K. Donoghue | Secretary |
| Robert M Collacchi Jr | |
| Vince Jacono | Program Coordinator |
| Jennifer W Davis | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Dennis R. Wraase | Chairman of the Board, President and Chief Executive Officer |
| Arnetta McRae | Commission Chair, Delaware Public Service Commission |
| William T Torgerson | Vice Chairman and General Counsel |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Chairman of the Board, President and Chief Executive Officer | Current |
| Atlantic City Electric | Chairman of the Board, President and Chief Executive Officer | Former |
| Pepco | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | President, Delmarva Power Region | Current |
| Kingswood Community Center, Inc. | Board President | Current |
| JA Worldwide | Teacher | Current |
| JA Worldwide | Board Member | Current |
| Drexel University | MBA In Finance | Former |
| Drexel University | Undergraduate Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Pepco Holdings, Inc. | Senior Vice President and Chief Financial Officer | Current |
| Atlantic City Electric | Senior Vice President and Chief Financial Officer, Phi, Pepco and Dpl, Chief Financial Officer | Current |
| Delmarva Power | Senior Vice President and Chief Financial Officer | Current |
| Duke Energy Corporation | Group Executive & President, Duke Energy Americas | Former |
| Duke Energy Corporation | Chief Development Officer | Former |
| Duke Energy Corporation | Senior Vice President | Former |
| Duke Energy Corporation | Vice President, Mergers & Acquisitions | Former |
| Duke Energy Corporation | Group Executive | Former |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Delmarva Power's Vice President, Gas Delivery | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Delmarva Power Regional Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Pepco | Controller & Vice President | Current |
| Pepco Holdings, Inc. | Vice President | Current |
| Delmarva Power | Vice President Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Vice President, Emergency Preparedness | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Vice President, Gas Delivery | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Vice President and Controller | Current |
| Organization | Position | Status |
|---|---|---|
| PPL Generation, LLC | President | Current |
| PPL Generation, LLC | Executive Vice President and Chief Operating Officer | Former |
| Delmarva Power | Vice President of Trading | Current |
| PPL Corporation | Board of Directors | Current |
| Conectiv | Senior Vice President | Former |
| Bentley College | Master's Degree In Business Administration | Former |
| The Pennsylvania State University | Bachelor's Degree In Petroleum | Former |
| Bentley College | Bachelor's Degree In Petroleum | Former |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Director, Corporate Communications | Current |
| Delmarva Power | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Director, Corporate Communications | Current |
| Delmarva Power | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Wholesale Manager | Current |
| Girl Scouts of The Chesapeake Bay Council, Inc. | Board of Directors | Current |
| Strayer University | Former |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Controller General, Office of the Controller General | Current |
Bill Paolello is a Senior Safety Coordinator at Delmarva Power in Newark, Delaware. Bill has over 10 years of safety and environmental experience in various industries including electric generation, electric transmission and delivery, steel manufacturing and chemical processing. Bill has a BS in Life Science from Rowan University and is currently enrolled in an online master's program for Safety, Security and Emergency Management offered by Eastern Kentucky University. He is also an OSHA authorized trainer for General Industry. Bill resides in Mullica Hill, New Jersey with his wife and three sons and spends much of his free time volunteering as an Assistant Scoutmaster with BSA Troop #44.
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Senior Safety Coordinator | Current |
| Philadelphia Chapter Asse | Board of Directors | Current |
| Rowan University | BS In Life Science | Former |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Secretary, Department of Natural Resources and Environmental Control | Current |
| Delmarva Power | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Delmarva Power's General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Delmarva Power Safety Supervisor | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Spokesman | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Secretary | Current |
| Delmarva Power | Secretary | Former |
Mr. Collacchi joined Delmarva Power, another subsidiary of PHI, in 1988. His previous positions include service department dispatcher, gas accountant, gas buyer for the gas business unit, gas buyer for electric generation, lead gas trader, and manager of gas supply and trading. Mr. Collacchi was born in Chester, Pennsylvania. He earned his bachelor's degree in business management from Wilmington College and is a graduate of the Wharton Executive Program. Mr. Collacchi is a member of the National Energy Services Association board of directors.
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Current | |
| Conectiv Energy Supply Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Program Coordinator | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Commission Chair, Delaware Public Service Commission | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Delmarva Power | Vice Chairman and General Counsel | Current |
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