• Creating Economic Opportunity

  • Economic Opportunity

    Contractors and suppliers from the Washington, D.C., region packed Pepco’s Edison Place second floor conference room to learn about future contracting opportunities that will be made available through Pepco’s upcoming undergrounding project in the District of Columbia.

    As a Fortune 500 company serving the mid-Atlantic region, our economic impact is powerful. In 2013, this impact took the form of $477 million paid in salaries and wages, $214 million in employee benefits and $94.7 million in retiree benefits; $270 million paid in dividends to our investors; and $1.3 billion spent for capital improvements. In addition, PHI paid more than $400 million in taxes in 2013 including income taxes; gross receipts/delivery taxes; property taxes; county, fuel and energy taxes; and environmental, use and other taxes. We are proud of the economic vibrancy we help foster and understand the critical role we play in the regions we serve.