August 29, 2014 4:47 PM ET

Electric Utilities

Company Overview of The Potomac Edison Company

Company Overview

The Potomac Edison Company provides electric services. The company is engaged in the distribution and retail sale of electricity to residential, commercial, and industrial customers. As of April 11, 2014, it served approximately 250,000 customers in 7 Maryland counties; and 132,000 customers in the Eastern Panhandle of West Virginia. The company was founded in 1922 and is headquartered in Williamsport, Maryland. The Potomac Edison Company is a subsidiary of FirstEnergy Corp.

10802 Bower Avenue

Williamsport, MD 21795

United States

Founded in 1922

Key Executives for The Potomac Edison Company

Chairman and Chief Executive Officer
Age: 72
Principal Financial Officer
Age: 55
President of West Virginia Operations
Age: 57
Chief Commercial Officer of Allegheny Energy Supply and Vice President of Strategic Planning of Allegheny Energy
Age: 54
Principal Accounting Officer and Controller
Age: 56
Compensation as of Fiscal Year 2014.

The Potomac Edison Company Key Developments

Potomac Edison Rebuilds 500 Kilovolt Line in Frederick County, Maryland

Potomac Edison announced that is rebuilding a major 500-kilovolt (kV) transmission line in Frederick County, Md., to enhance service reliability for existing customers and accommodate future electrical load growth in Maryland and West Virginia. The project will replace equipment that is more than 40 years old along a three-mile section of the existing transmission line, using new conductors to increase the line's capacity by more than 60%. The total cost of the project is approximately $18 million, with $13 million expected to be spent in 2014. Existing transmission structures also will be replaced with 14 new lattice steel structures from the Virginia/Maryland border to a Potomac Edison substation in Frederick County, Md. Crews are erecting the new structures within the existing right-of-way in close proximity to the structures they replace. The new structures will average 130 feet in height.

Potomac Edison Reconstructs Western Maryland Transmission Line in $5.3 Million Project

FirstEnergy Corp. announced its Potomac Edison subsidiary has reconstructed a 138-kilovolt transmission line to help maintain reliable electric service for more than 65,000 customers in parts of Carroll, Frederick, Howard and Montgomery counties in Maryland. The $5.3 million project is part of Potomac Edison's plan to spend $55 million in 2013 to further enhance the electrical system and reliability in its western Maryland and Eastern Panhandle of West Virginia service areas.

The Potomac Edison Company Continues Vegetation Management Work to Enhance System Reliability

The Potomac Edison Company continues to conduct vegetation management work across its service area in Western Maryland and the Eastern Panhandle of West Virginia as part of its ongoing efforts to help enhance system reliability. To date, Potomac Edison tree contractors have trimmed more than 1,200 circuit miles of electric lines as part of its $17 million vegetation management spend for 2013, with an additional 1,400 miles expected to be completed by year end. During the summer months, Potomac Edison will be conducting vegetation management in rural areas of Allegany, Carroll, Frederick, Garrett, Montgomery and Washington counties in Maryland, along with Berkeley, Grant, Hardy, Hampshire, Jefferson, Mineral and Morgan counties in West Virginia. The tree trimming and vegetation management work is done on a 5-year cycle in Maryland to ensure proper clearances around electric circuits and equipment and help reduce tree-related outages, particularly during severe weather. Vegetation is inspected and trees are pruned in a manner that preserves the health of the tree, while also maintaining safe and reliable electric service for customers. In some cases, trees that present a danger or are diseased may also be removed. As part of its notification process, Potomac Edison works with municipalities to inform officials of vegetation management schedules. In addition, customers living in areas along company rights-of-way also are notified prior to vegetation management work being done.

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