DQE
Encyclopedia
DQE Holdings is a traditional utility company based in downtown Pittsburgh, Pennsylvania
. The company provides electric power to much of metro Pittsburgh, competing with longtime rival Allegheny Power
and has extended its services into northern West Virginia and eastern Ohio. Through its chief subsidiary, Duquesne Light, the corporation provides energy to over 600,000 homes and businesses. Power is primarily generated via coal power plants. However, the company is attempting to change this trend and, through its Duquesne Energy Solutions subsidiary, is developing cleaner power sources, including synthetics. The company is also actively involved in the reclamation of gases from landfills.
Aside from electricity production, the corporation also operates a massive network of fiber-optic cables through DQE Communications. This subsidiary is a growing internet service provider
in suburban Pittsburgh.
In 2007, Duquesne Holdings merged with the MacQuarie Consortium and ceased to trade on the NYSE.
and for its first 75 years of operation (1870s-1940s) was a subsidiary of the holding company known as the "Philadelphia Company". http://www.library.hbs.edu/hc/lehman/chrono.html?company=philadelphia_company Other such companies also founded by Westinghouse such as the Equitable Gas company and other "Equitable" energy/electronic companies were equal subsidiaries with DQE when it was a subsidiary of the Philadelphia Company. http://www.library.hbs.edu/hc/lehman/chrono.html?company=philadelphia_company
Pittsburgh, Pennsylvania
Pittsburgh is the second-largest city in the US Commonwealth of Pennsylvania and the county seat of Allegheny County. Regionally, it anchors the largest urban area of Appalachia and the Ohio River Valley, and nationally, it is the 22nd-largest urban area in the United States...
. The company provides electric power to much of metro Pittsburgh, competing with longtime rival Allegheny Power
Allegheny Energy
Allegheny Energy is an electric utility headquartered in Greensburg, Pennsylvania. It owns and operates electric generation facilities and delivers electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia...
and has extended its services into northern West Virginia and eastern Ohio. Through its chief subsidiary, Duquesne Light, the corporation provides energy to over 600,000 homes and businesses. Power is primarily generated via coal power plants. However, the company is attempting to change this trend and, through its Duquesne Energy Solutions subsidiary, is developing cleaner power sources, including synthetics. The company is also actively involved in the reclamation of gases from landfills.
Aside from electricity production, the corporation also operates a massive network of fiber-optic cables through DQE Communications. This subsidiary is a growing internet service provider
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...
in suburban Pittsburgh.
In 2007, Duquesne Holdings merged with the MacQuarie Consortium and ceased to trade on the NYSE.
Historic incorporation
Duquesne Light was one of the dozens of companies founded by inventor George WestinghouseGeorge Westinghouse
George Westinghouse, Jr was an American entrepreneur and engineer who invented the railway air brake and was a pioneer of the electrical industry. Westinghouse was one of Thomas Edison's main rivals in the early implementation of the American electricity system...
and for its first 75 years of operation (1870s-1940s) was a subsidiary of the holding company known as the "Philadelphia Company". http://www.library.hbs.edu/hc/lehman/chrono.html?company=philadelphia_company Other such companies also founded by Westinghouse such as the Equitable Gas company and other "Equitable" energy/electronic companies were equal subsidiaries with DQE when it was a subsidiary of the Philadelphia Company. http://www.library.hbs.edu/hc/lehman/chrono.html?company=philadelphia_company