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CEO not expecting Pepco to be a top performer

BETHESDA — The head of Pepco’s parent company says he doesn’t think the electric utility can be a top performer in the next two or three years.

The Washington Examiner reports Pepco Holdings Inc. CEO Joe Rigby told Montgomery County Council members Monday that in terms of performance he’s “not even shooting for average.”

The utility has been dogged in the past by outages that have left thousands in the dark, sometimes for days, in the Washington suburbs.

During Monday’s meeting, Rigby blamed some of the company’s shortfalls on its financial struggles over the past several years.

Rigby issued a statement Tuesday saying Pepco is determined to be a top performing utility. He says Pepco is working to avoid outages by trimming 1,800 miles of tree line and upgrading underground cable.

One comment

  1. William Steverson

    Not only is Pepco not a “top performer” but they’ve been giving shabby service. All the time they have been increasing the cost for this bad service. They have broken the law in providing services to low income individuals and people with disabilities, and the Public Service Commission (PSC) has been allowing these practices.

    Looking for folks with issues of a legal nature to sue and force the PSC to do their job and to sock it to Pepco.