Pepco Energy Services

Pepco Energy Services was acquired by Exelon Corporation on March 24, 2016, and now operates under Constellation New Energy. Since its establishment in 1995, Pepco Energy Services has established itself as a prominent player in the energy and energy-related products and services sector, catering to a diverse range of energy users including small businesses, large commercial entities, institutions, industries, and government users. With an annual revenue exceeding $2 billion in 2008, the company's operational footprint encompasses regions from North Carolina to Massachusetts, and from New York to Illinois and Texas. As a subsidiary of Pepco Holdings, Inc. (PHI), Pepco Energy Services offers various energy management services to energy suppliers and large users such as utilities, municipalities, cooperatives, and aggregators. These services include risk management and the acquisition and management of power generation assets. PHI, in turn, is the result of the merger between Pepco and Conectiv, serving around 1.9 million customers in Delaware, the District of Columbia, Maryland, and New Jersey, delivering a combined 50,000 gigawatt hours of power, thus emerging as one of the largest electricity delivery companies in the Mid-Atlantic region. The company primarily focuses on providing comprehensive and cost-effective integrated energy solutions to maximize energy resources and achieve significant overall cost savings for energy and facility managers in businesses, large enterprises, and government institutions. With its diverse range of offerings including energy assessments, internet-based energy information systems, heating, ventilation and cooling systems, lighting, project financing, gas and electricity, and energy operations and maintenance services, Pepco Energy Services aims to provide a complete suite of solutions to fulfill its mission. As the company continues to operate under Constellation New Energy, its role in providing sustainable and efficient energy solutions remains noteworthy within the energy, oil and gas, and construction industries.