Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2015

In addition to the PHI Service Company charges described above, DPL’s financial statements include the following related party transactions in its statements of income:


	Three Months Ended March 31,
	2015		2014
	*(millions of dollars)*
Intercompany lease transactions (a)	$	1	$	1

(a)	Included in Electric revenue.

As of March 31, 2015 and December 31, 2014, DPL had the following balances on its balance sheets due to related parties:


	March 31, 2015			December 31, 2014
	*(millions of dollars)*
Payable to Related Party (current) (a)
PHI Service Company	$	(21	)	$	(18	)
Other		—			1

Total	$	(21	)	$	(17	)

(a)	Included in Accounts payable due to associated companies.

Atlantic City Electric Co [Member]

In addition to the PHI Service Company charges described above, ACE’s consolidated financial statements include the following related party transactions in the consolidated statements of income:


	Three Months Ended March 31,
	2015			2014
	*(millions of dollars)*
Meter reading services provided by Millennium Account Services LLC (an ACE affiliate) (a)	$	(1	)	$	(1	)

(a)	Included in Other operation and maintenance expense.

As of March 31, 2015 and December 31, 2014, ACE had the following balances on its consolidated balance sheets due to related parties:


	March 31, 2015			December 31, 2014
	*(millions of dollars)*
Payable to Related Party (current) (a)
PHI Service Company	$	(15	)	$	(14	)
Other		(2	)		(1	)

Total	$	(17	)	$	(15	)

(a)	Included in Accounts payable due to associated companies.

Potomac Electric Power Co [Member]

As of March 31, 2015 and December 31, 2014, Pepco had the following balances on its balance sheets due to related parties:


	March 31, 2015			December 31, 2014
	*(millions of dollars)*
Payable to Related Party (current) (a)
PHI Service Company	$	(34	)	$	(27	)
Pepco Energy Services (b)		(4	)		(2	)
Other		(13	)		(1	)

Total	$	(51	)	$	(30	)

(a)	Included in Accounts payable due to associated companies.

(b)	Pepco bills customers on behalf of Pepco Energy Services where Pepco Energy Services has performed work for certain government agencies under a General Services Administration area-wide agreement. Amount also includes charges for utility work performed by Pepco Energy Services on behalf of Pepco.