Utilities in New Jersey and Maryland are fighting an attempt by a Competitive Power Ventures to enforce contracts that federal courts last year ruled invalid.

Pepco Holdings Inc. Chairman and CEO Joseph Rigby announced yesterday he will step down as chief executive this year after a turbulent tenure marked by criticism over the company’s reliability.

New Jersey regulators approved a $25.5 million annual increase in Atlantic City Electric’s rate base case and recovery of $70 million costs for recovery following the June 2012 Derecho and Hurricane Sandy in October 2012.

Two-thirds of PJM’s transmission owners have failed to file FERC-approved tariffs disclosing the methodology they use to calculate customer rates ...