Pepco CEO Says He's Not Aiming High: Report

Tuesday, Jun 21, 2011  |  Updated 4:19 PM EDT
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When the CEO of Pepco Holdings Inc. met with members of the Montgomery County Council on Monday, he said that his goal was a little short of excellence, the Washington Examiner reported.

"I'm not even shooting for average," said Joe Rigby, CEO of Pepco Holdings, according to the Washington Examiner.

Rigby said that it was not realistic to think that Pepco would become a "top-performing" utility within the next two to three years, according to the paper.

Representative from Pepco called NBC Washington Tuesdsay morning to comment on the Examiner story, saying that the utility was committed to becoming a "top performing utility."  A Pepco rep said the utility is trimming 1,800 miles of tree line and upgrading underground cable as part  of that effort. 

According to the Washington Examiner, members of the Montgomery Council on Monday had questions for Rigby on his company's reliability, which has been marked by frequent and prolonged power outages.

From the Examiner:

When Councilman Phil Andrews, D-Gaithersburg/Rockville, asked what results the public should expect from Pepco's efforts to improve reliability after storms, Rigby said he is aiming for outages no longer than two days.

"I don't want to say that [two-day outages are] ever acceptable, but ... people can process that," he said. 

Pepco has blamed recent outages on a variety of issues, from heavy storm systems to a squirrel crawling into a circuit breaker.

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