FirstEnergy

FirstEnergy is a US-based energy company headquartered in Akron, Ohio. The company is listed on the S & P 500 and Dow Jones Composite Average. It has about 4.4 million customers and operates in the states of Ohio, Pennsylvania and New Jersey.

Subsidiaries

The company owns the subsidiary Ohio Edison, The Illuminating Company, Toledo Edison, Penn Power, Penelec, Met- Ed and Jersey Central Power & Light. FirstEnergy operates the power stations Beaver Valley, Davis -Besse and Perry Nuclear.

History

FirstEnergy was the merger of Ohio Edison and Centerior Energy founded (established in 1997 from the merger of Cleveland Electric Illuminating Company and Toledo Edison ). 2001, the company acquired FirstEnergy GPU, Inc. ( owner of Jersey Central Power and Light, Pennsylvania Electric Company and Metropolitan Edison ).

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