Atlantic City Electric is a subsidiary of the holding company Pepco Holdings, Inc, which serves a total of 2 million customers in Delaware, New Jersey, the District of Columbia and Maryland. Pepco Holdings, Inc (PHI) was formed in 2001 when Potomac Electric Power Company (AKA Pepco) acquired Conectiv Power Delivery. Conectiv Power Delivery was formed in 1998 as a holding company when Delmarva Power and Light Company and Atlantic City Electric merged. By 2005, Pepco had resumed use of the brand Atlantic City Electric (ACE), which serves southern New Jersey.
Energy deregulation in NJ began in 1999 providing New Jersey utility customers in the Atlantic City Electric territory to seek out alternative NJ electric suppliers in order to lower their utility bills. When energy deregulation in New Jersey was first enacted, there were only a few offers to choose from, however, a decade later, there are several competitive offers for New Jersey electric customers to choose from in all utility territories.
Atlantic City Electric customers who use a competitive NJ electric supplier will continue to receive the same bill from ACE reflecting their new supplier. In addition, Atlantic City Electric (ACE) will continue to deliver the electricity and maintain all wires, lines and handle any service needs.