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For Immediate Release


Delmarva Power Issues RFP for Wholesale Electric Power for Delaware Customers

Pre-Bid Conference to be held Oct. 24

NEWARK, Del. - Delmarva Power today announced a Request for Proposals (RFP) for wholesale electric power supplies to meet its Standard Offer Service (SOS) obligation in the state of Delaware. Standard Offer Service is the market-based, fixed-price electricity Delmarva Power buys on behalf of its customers who do not purchase their electricity from competing retail suppliers and who do not choose the option of hourly-priced service.

Delmarva Power is requesting proposals to supply approximately 470 megawatts (MW) of electricity. Peak load contributions by customer class include approximately 290 MW for the combined Residential, Small Commercial and Industrial customers; 140 MW for the Medium General Service-Secondary (MGS-S) customers; 15 MW for the Large General Service-Secondary (LGS-S) customers; and 25 MW for the General Service-Primary (GS-P) customers.

A pre-bid conference for prospective bidders will be held on Oct. 24, 2012. The conference will review the general RFP structure, process improvements, the Delmarva Power bid plan for its Delaware customers and the power supply contract.

The RFP is being issued in accordance with the Delaware Public Service Commission (DPSC) terms and conditions established in Docket No. 04-391 for the competitive provision of electric service beginning on and after June 1, 2013. It is structured as a multi-phase bidding process with pre-bid preparation activities which started on Oct. 3, 2012. The first round of bidding will begin on Nov. 26, 2012 and the final round will conclude in early February 2013. The winning bidders will be awarded service contracts to supply electricity for Delmarva Power customers beginning on June 1, 2013. Further details regarding the RFP or the pre-bid conference can be found by visiting the RFP website: . The website will provide interested parties with additional contact information.

Delmarva Power, a public utility owned by Pepco Holdings, Inc. (NYSE: POM), provides safe and reliable energy to nearly 500,000 electric delivery customers in Delaware and Maryland and over 123,000 natural gas delivery customers in northern Delaware.

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