FirstEnergy Solutions

 

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COMPANY INFO
  • Type: Public (NYSE:FE)
  • Founded: 1997
  • Headquartered: Akron, OH
  • Parent Company:
  • Status:
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    FirstEnergy Solutions Corp. is a leading energy supplier, serving residential, commercial and industrial customers throughout the Northeast, Midwest and Mid-Atlantic regions of the U.S.

    They offer a wide range of energy and energy-related products and services to wholesale and retail customers, including the generation and sale of electricity and energy planning and procurement. 

    They supply electricity to millions of customers in Illinois, Maryland, Michigan, New Jersey, Ohio and Pennsylvania, and manage the energy and procurement needs for over 120,000 businesses. 

    Here are the stats on FES:

  • They’re well-established:  FES was formed in 1997 as a subsidiary of FirstEnergy Corp., a Fortune 200 company with a long-standing presence in Ohio, Pennsylvania and New Jersey.
  • They own power plants:  With 29 plants totaling approximately 18,000 megawatts of generation, we provide the stability and competitive pricing you need in an electric supplier. 
  • They’re knowledgeable:  They’ve been an alternative electric generation supplier since electric choice first became available, which means they have the experience to help you make sensible energy decisions.
  • They’re customer-focused:  Whether you buy retail electricity from FES, use our consulting services, or participate in an aggregation program, FES will work to provide you various choices and cost-saving options to meet your needs. 
  • Based in Akron, Ohio, FirstEnergy Solutions is the competitive subsidiary of FirstEnergy Corp., one of the nation's largest investor-owned electric utility, and the unregulated affiliate of Ohio Edison, Toledo Edison, The Illuminating Company, Penelec, Met-Ed, Penn Power, West Penn Power, Jersey Central Power & Light (JCP&L), Mon Power and Potomac Edison.

    FirstEnergy is publicly traded on the New York Stock Exchange (NYSE) under the symbol “FE”.

    Facts at a Glance:

  • 2011 ongoing earnings: $1.714 billion
  • 2011 ongoing earnings per share: $2.21
  • 2011 Revenues: $16.3 billion
  • Assets: $47.3 billion
  • Employees: approximately 19,000
  • FirstEnergy Solutions Corp. is a leading energy supplier, serving residential, commercial and industrial customers throughout the Northeast, Midwest and Mid-Atlantic regions of the U.S.

    They offer a wide range of energy and energy-related products and services to wholesale and retail customers, including the generation and sale of electricity and energy planning and procurement. 

    They supply electricity to millions of customers in Illinois, Maryland, Michigan, New Jersey, Ohio and Pennsylvania, and manage the energy and procurement needs for over 120,000 businesses. 

    Here are the stats on FES:

  • They’re well-established:  FES was formed in 1997 as a subsidiary of FirstEnergy Corp., a Fortune 200 company with a long-standing presence in Ohio, Pennsylvania and New Jersey.
  • They own power plants:  With 29 plants totaling approximately 18,000 megawatts of generation, we provide the stability and competitive pricing you need in an electric supplier. 
  • They’re knowledgeable:  They’ve been an alternative electric generation supplier since electric choice first became available, which means they have the experience to help you make sensible energy decisions.
  • They’re customer-focused:  Whether you buy retail electricity from FES, use our consulting services, or participate in an aggregation program, FES will work to provide you various choices and cost-saving options to meet your needs. 
  • Based in Akron, Ohio, FirstEnergy Solutions is the competitive subsidiary of FirstEnergy Corp., one of the nation's largest investor-owned electric utility, and the unregulated affiliate of Ohio Edison, Toledo Edison, The Illuminating Company, Penelec, Met-Ed, Penn Power, West Penn Power, Jersey Central Power & Light (JCP&L), Mon Power and Potomac Edison.

    FirstEnergy is publicly traded on the New York Stock Exchange (NYSE) under the symbol “FE”.

    Facts at a Glance:

  • 2011 ongoing earnings: $1.714 billion
  • 2011 ongoing earnings per share: $2.21
  • 2011 Revenues: $16.3 billion
  • Assets: $47.3 billion
  • Employees: approximately 19,000
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    Markets Served

    • Illinois
    • Maryland
    • Michigan
    • New Jersey
    • Ohio
    • Pennsylvania