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Company: Potomac Electric Power Company (PEPCO)
Current Parent Company:
Exelon
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $3,000,000
Year: 2002
Date: December 12, 2002
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: The Justice Department announced a $3 million settlement with Potomac Electric Power Company (PEPCO) and its pipeline operator, ST Services, to recover natural resource damages and assessment costs arising from an oil spill from a ruptured pipeline near PEPCO's Chalk Point Generating Station near Aquasco, Maryland.
Level of Government: federal
Action Type: agency action
Agency: National Oceanic and Atmospheric Administration referral to the Justice Department
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.