Exhibit 12.9

Atlantic City Electric Company and Subsidiary Company

Ratio of Earnings to Fixed Charges

	Years Ended December 31,
	2012		2013		2014		2015		2016
Pre-tax income from continuing operations		52		78		76		73		(46	)
Less: Capitalized interest		—		—		—		—		(3	)
Pre-tax income from continuing operations after adjustment for income or loss from equity investees and capitalized interest		52		78		76		73		(49	)
Fixed Charges:
Interest expensed and capitalized, amortization of debt discount and premium on all indebtedness		71		68		64		65		64
Interest component of rental expense (a)		4		4		4		4		4
Total fixed charges		75		72		68		69		68
Pre-tax income from continuing operations after adjustment for income or loss from equity investees and capitalized interest plus fixed charges		127		150		144		142		19
Ratio of earnings to fixed charges		1.7		2.1		2.1		2.1		0.3	(b)

(a) Represents one-third of rental expense relating to operating leases, which is a reasonable approximation of the interest factor.

(b) The ratio coverage was less than 1:1. The registrant must generate additional earnings of $49 million to achieve a coverage ratio of 1:1.