Atlantic City Electric, Delmarva Power and Pepco operate
in jurisdictions that have state renewable portfolio standards (RPS), which
mandate that the electricity supply contain a specified percentage of renewable
energy that increases over time. The required percentages are scheduled to
increase significantly over the next several years in every jurisdiction where
PHI companies operate. All PHI utilities are responsible for procuring
electricity generated from external suppliers. These supplier contracts must
account for the RPS programs for the state in which the power is being
PHI's utilities are responding by procuring energy from
eligible renewable resources and purchasing renewable energy credits in
accordance with the RPS programs enacted by the states in which we operate.
Each PHI utility meets compliance with state RPS
programs. PHI utilities' electricity delivery fuel mix consisted of the following
percentages of renewable energy resources:
delivery fuel mix percentages are based on the PJM system mix, which is not
equivalent to the state RPS percentages.