Firstenergy Corp
FirstEnergy Corp. was organized under the laws of the State of Ohio in 1996. FirstEnergy's
principal business is the holding, directly or indirectly, of all of the outstanding
common stock of its principal electric utility operating subsidiaries, Ohio Edison
Company (OE), The Cleveland Electric Illuminating Company (CEI), Pennsylvania
Power Company (Penn), The Toledo Edison Company (TE), American Transmission Systems,
Incorporated (ATSI), Jersey Central Power & Light Company (JCP&L), Metropolitan
Edison Company (Met-Ed) and Pennsylvania Electric Company (Penelec).
FirstEnergy Corp. is a registered public utility holding company headquartered
in Akron, Ohio that provides regulated and competitive energy services. Our
vision is to become the leading retail energy and related services provider
in the northeast and mid-Atlantic region of the United States. Our eight electric
utility operating companies (EUOC) comprise the nation's fifth largest investor-owned
electric system, serving 4.4 million customers within 36,100 square miles of
Ohio, Pennsylvania and New Jersey.
FirstEnergy's consolidated revenues are primarily derived from electric service
provided by its utility operating subsidiaries and the revenues of its other
principal subsidiaries: FirstEnergy Solutions Corp. (FES); FirstEnergy Facilities
Services Group, LLC (FSG); MYR Group Inc. (MYR); MARBEL Energy Corporation (MARBEL);
and First Communications, LLC. In addition, FirstEnergy holds all of the outstanding
common stock of other direct subsidiaries including: FirstEnergy Properties,
Inc., FirstEnergy Ventures Corp., FirstEnergy Nuclear Operating Company (FENOC),
FirstEnergy Securities Transfer Company, GPU Diversified Holdings, LLC, GPU
Telecom Services, Inc., GPU Nuclear, Inc.; and FirstEnergy Service Company (FESC).
Competition
The Companies traditionally competed with other utilities for intersystem bulk
power sales and for sales to municipalities and cooperatives. The Companies
compete with suppliers of natural gas and other forms of energy in connection
with their industrial and commercial sales and in the home climate control market,
both with respect to new customers and conversions, and with all other suppliers
of electricity. To date, there has been no substantial cogeneration by the Companies'
customers.
12.52% 
62.49 %