More than 4,500 FirstEnergy employees – including 2,300 line, service and forestry crews working around the clock restored service to customers in New Jersey, Pennsylvania and Maryland who lost power following Hurricane Irene. More than 797,000 of the 920,000 Jersey Central Power & Light (JCP&L), Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec) and Potomac Edison […]
FirstEnergy Corp. and Allegheny Energy, Inc., along with all parties to their merger proceeding in West Virginia, today filed a comprehensive settlement with the West Virginia Public Service Commission (WVPSC) that resolves all issues raised in the case. The filing includes a commitment for a regional headquarters for Allegheny Power’s West Virginia utility operations, a $7.5 million rate reduction over two years for Allegheny Power’s West Virginia customers, enhanced customer service and reliability, and expanded support for Dollar Energy Fund.
Governor Edward R. Rendell today called on the Pennsylvania Utility Commission to deny the merger request by FirstEnergy and Allegheny Energy, saying the proposed deal could kill 980 good-paying jobs in southwestern Pennsylvania and harm competition in electricity markets at a time when prices are rising.
The Governor directed the Department of Environmental Protection to file a brief on behalf of the commonwealth with the PUC urging the commissioners to deny the merger request.
Hundreds of businesses in Detroit Edison’s service area are saving money by switching their electric generation supplier to FirstEnergy Solutions (FES), the competitive subsidiary of Akron-Ohio based FirstEnergy Corp. Now FES is offering more businesses the opportunity to take advantage of savings should legislation pass that would increase the current cap on shopping in Michigan.
If the cap is increased from its current level of 10% of the utility’s total electricity demand to 25%, a limited number of businesses will be permitted to shop, and businesses on the waiting list will be the first eligible to participate.