FirstEnergy Company Description
FirstEnergy's first goal is to deliver power, but its second goal is to survive deregulation. Its utilities provide electricity to 4.5 million customers in Ohio, Pennsylvania, and New Jersey, three states that are ushering in power-industry competition. The company's domestic power plants have a total generating capacity of more than 14,170 MW, most generated by coal-fired plants. Subsidiary FirstEnergy Solutions trades energy commodities in deregulated markets throughout the US, and has more than 120,000 accounts. FirstEnergy's other nonregulated operations include electrical and mechanical contracting and energy planning and procurement.
View the Comprehensive Company Description for FirstEnergy
The Company Description provides a historical perspective of FirstEnergy's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of FirstEnergy's evolution in the marketplace.
