• Monthly Bills Now Carry Atlantic City Electric Name

    Jul 25, 2005

    FOR IMMEDIATE RELEASE
    Contact: Betty Kennedy: 609-625-5567
    betty.kennedy@pepcoholdings.com

    Part of Ongoing Brand Change Emphasizing Local Commitment

    MAY''S LANDING, N.J. - As part of the ongoing change in its brand name, Atlantic City Electric has begun mailing monthly electric bills that carry the new Atlantic City Electric name instead of the old Conectiv Power Delivery name.

    While Atlantic City Electric first announced the name change March 31, the company has been changing the name gradually to minimize costs.

    For customers, there''s no need for concern. Although we are changing our brand name, we remain the same company and will provide the same safe and reliable service as always. Customers will use the same phone numbers and addresses to contact us. And if they participate in budget billing or direct debit payment plans, they won''t have to make any changes to stay enrolled.

    Customers can now write the new company name on their check when they receive their bill and make payment. Any customers who mistakenly write the old Conectiv Power Delivery name on their check need not worry. Those checks will still be accepted as payment. But we do ask customers to get in the habit of using the new name.

    Some customers received bills in July that carry the old Conectiv Power Delivery name. Customers should not discard that bill since it is their regular monthly bill. As a rule of thumb, the company name on the bill should be the same name to which they make payment on their checks.

    "This change on the bill is one of many steps we''re taking to let everyone know of our commitment to our customers and the communities we serve," said Kenneth Parker, President of Atlantic City Electric. "We look forward to completing this name change -- which includes changing signs on our trucks and our buildings -- as seamlessly as possible by the end of the year."


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    Atlantic City Electric, a public utility owned by Pepco Holdings, Inc. (NYSE: POM), provides safe, reliable and affordable regulated electric and natural gas delivery services to more than 500,000 customers in Southern New Jersey.