Atlantic City Electric
Atlantic City Electric is a regulated electric distribution utility serving residential, commercial, and industrial customers across southern New Jersey. Founded in 1924 and headquartered in Mays Landing, it operates as a state-granted monopoly subsidiary of Exelon Corporation, distributing electricity through its owned grid infrastructure under New Jersey BPU oversight.
- Company typePrivate
- Founded1924
- HeadquartersMays Landing, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Atlantic City Electric does
Atlantic City Electric is a regulated electric distribution utility serving residential, commercial, and industrial customers across southern New Jersey. Founded in 1924 and headquartered in Mays Landing, the company delivers electricity through its owned grid infrastructure within an exclusive service territory granted by the New Jersey Board of Public Utilities, operating as a state-regulated monopoly. The firm is a subsidiary of Exelon Corporation, one of the largest utility holding companies in the United States, and functions within Exelon's regulated utilities segment alongside other state-level operating companies.
The company provides electricity distribution services to households and businesses within its franchised territory, with residential customers identified as the primary segment. As a regulated utility, its pricing and revenue recovery are determined through formal rate cases overseen by the New Jersey BPU rather than through market-based pricing. The business model is built on cost-of-service ratemaking, where infrastructure investments are recovered over time through approved tariff structures, subject to regulator decisions on return, depreciation schedules, and customer rate impacts.
Atlantic City Electric's go-to-market is structurally non-competitive: customer acquisition is tied entirely to geographic residency or business location within the service territory, and distribution occurs solely through the company's owned grid network. Recent regulatory developments in New Jersey — including an executive order directing bill credits and a study of utility business model restructuring — create both revenue-side pressure and longer-term uncertainty around the traditional capex-recovery model that underpins the company's economics.
Atlantic City Electric firmographics
Firmographics- Name
- Atlantic City Electric
- Legal name
- Atlantic City Electric
- Website
- https://atlanticcityelectric.com
- Company type
- Private
- Founded year
- 1924
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Atlantic City Electric is a regulated electric distribution utility serving residential, commercial, and industrial customers across southern New Jersey. Founded in 1924 and headquartered in Mays Landing, it operates as a state-granted monopoly subsidiary of Exelon Corporation, distributing electricity through its owned grid infrastructure under New Jersey BPU oversight.
- Ownership category
- akta.pro rank
Atlantic City Electric industry classification
Industry- Product category
- Electric Utility Distribution
- NAICS
- Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Electric Distribution System Owners (Wires-Only Companies) (EUADABAI)
Keywords
Where Atlantic City Electric is headquartered
LocationHeadquarters
- HQ city
- Mays Landing
- HQ country
- United States
- HQ region
- North America
Markets served
Atlantic City Electric business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Others
Distribution channels1 record
Atlantic City Electric product offering
Product offeringCore offering
Atlantic City Electric is a regulated electric utility that distributes electricity to residential, commercial, and industrial customers across southern New Jersey. Operating under a state-granted exclusive service territory, the company delivers power through its own grid infrastructure and is subject to oversight by the New Jersey Board of Public Utilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Electricity Distribution Service Regulated electric distribution to residential, commercial, and industrial customers within the company's exclusive New Jersey service territory.
Companies that use Atlantic City Electric
Customer profileSegments1 record
Ideal customer profiles2 records
Atlantic City Electric technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Atlantic City Electric partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
Atlantic City Electric competitors and assessment
Company assessmentDirect peers
- Public Service Electric and Gas (PSE&G): PSE&G is New Jersey's largest regulated electric and gas utility, directly comparable to ACE as a state-regulated distribution utility operating under the same Board of Public Utilities and subject to the same executive-order-driven regulatory pressures.
- Rockland Electric Company: Rockland Electric Company is another New Jersey-regulated electric distribution utility subject to the same NJ Board of Public Utilities oversight, with overlapping regulatory exposure and similar rate-case dynamics referenced in the source data.
- Jersey Central Power & Light: Jersey Central Power & Light is a FirstEnergy-regulated electric distribution utility serving central and northern New Jersey, directly comparable in operating geography, regulatory framework, and customer mix to ACE's southern New Jersey operations.
- Delmarva Power: Delmarva Power is a fellow Exelon Corporation regulated electric distribution subsidiary serving Delaware and Maryland, operating under the same parent holding company structure and sharing common operational, capital, and regulatory practices with ACE.
- Commonwealth Edison (ComEd): ComEd is Exelon's Illinois-regulated electric transmission and distribution utility, the largest utility in the Exelon portfolio, comparable to ACE as a regulated distribution subsidiary under the same parent.
- Baltimore Gas and Electric (BGE): BGE is another Exelon Corporation regulated electric and gas distribution subsidiary serving central Maryland, sharing the same parent holding company, regulatory best practices, and capital-allocation framework as ACE.
- Pepco: Pepco is an Exelon-owned regulated electric distribution utility serving Washington DC and Maryland, providing direct comparability as a sister Exelon subsidiary with similar regulated rate-base economics and capital structures.
- Philadelphia Electric Company (PECO): PECO is Exelon's Pennsylvania-regulated electric distribution utility, directly comparable as a sister Exelon subsidiary serving an adjacent Mid-Atlantic service territory under similar rate-base ratemaking principles.
Broad incumbents
- Exelon Corporation: Exelon Corporation is the parent holding company of ACE and a major US regulated utility holding company with operations across multiple states, providing direct comparability as the parent entity and broader portfolio context for ACE.
- FirstEnergy Corp: FirstEnergy is a large diversified regulated utility holding company operating electric distribution utilities across multiple Mid-Atlantic and Midwest states, comparable as a broader incumbent with overlapping regulated distribution operations in New Jersey.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Atlantic City Electric social profiles
Digital presenceAtlantic City Electric financial estimates
Financial estimateRevenue estimate
Valuation estimate
Atlantic City Electric leadership team
Management profileNumber of profiles
Atlantic City Electric funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Atlantic City Electric M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Atlantic City Electric
What does Atlantic City Electric do?
Atlantic City Electric is a regulated electric utility that distributes electricity to residential, commercial, and industrial customers across southern New Jersey. Operating under a state-granted exclusive service territory, the company delivers power through its own grid infrastructure and is subject to oversight by the New Jersey Board of Public Utilities.
Is Atlantic City Electric a public or private company?
Atlantic City Electric is a private company. It is classified as corporate owned and is currently operating.
When was Atlantic City Electric founded?
Atlantic City Electric was founded in 1924. It employs 501 to 1,000 people.
Where is Atlantic City Electric based?
Atlantic City Electric is headquartered in Mays Landing, United States, in the North America region.
Who are Atlantic City Electric's main competitors?
Direct peers on record are Public Service Electric and Gas (PSE&G), Rockland Electric Company, Jersey Central Power & Light, Delmarva Power, Commonwealth Edison (ComEd), Baltimore Gas and Electric (BGE), Pepco and Philadelphia Electric Company (PECO). Broad incumbents are Exelon Corporation and FirstEnergy Corp.
Does Atlantic City Electric have an API?
No public API is recorded for Atlantic City Electric.
What industry is Atlantic City Electric in?
Atlantic City Electric's product category is Electric Utility Distribution. Its primary akta.pro industry code is EUADABAI, Electric Distribution System Owners (Wires-Only Companies). Its NAICS code is 221122 and its SIC code is 4911.