Exhibit 12.4

Atlantic City Electric Company

			For the Year Ended December 31,
	Six Months Ended June 30, 2011		2010		2009		2008		2007		2006
	(millions of dollars)
Income from continuing operations	$	24	$	53	$	41	$	64	$	60	$	60
Income tax expense (a)		19		43		17		30		41		33
Fixed charges:
Interest on long-term debt, amortization of discount, premium and expense		35		66		69		64		66		65
Other interest		2		3		3		3		3		3
Total fixed charges		37		69		72		67		69		68
Income before extraordinary item, income tax expense, and fixed charges	$	80	$	165	$	130	$	161	$	170	$	161
Ratio of earnings to fixed charges		2.16		2.39		1.81		2.40		2.46		2.37
Total fixed charges, shown above		37		69		72		67		69		68
Preferred dividend requirements adjusted to a pre-tax amount		—		—		—		—		1		1
Total fixed charges and preferred dividends	$	37	$	69	$	72	$	67	$	70	$	69
Ratio of earnings to fixed charges and preferred dividends		2.16		2.39		1.81		2.40		2.44		2.35

(a) Concurrent with the adoption of FASB guidance on taxes (ASC 740) in 2007, amount includes interest on uncertain tax positions.