September 12, 2008

DELMARVA POWER: Aims To Finalize IRS Settlement on Service Costs

COMPANIES: Atlantic City Electric Co | Delmarva Power & Light Co | Potomac Electric Power Co
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Delmarva Power & Light Company, during the second quarter, reached a tentative settlement with the Internal Revenue Service concerning the treatment of mixed service costs for income tax purposes during the period 2001 to 2004.

During 2001, the Company, Potomac…

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TOPICS: Earnings | Electrical Equipment | Legal Issues, Litigation | Loans & Financing | Power Producers/Utilities | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Delaware | North America | United States