FirstEnergy

FirstEnergy (NYSE: FE) is a diversified energy company dedicated to safety, reliability and operational excellence. FirstEnergy is a diversified energy company headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services. 

Its seven electric utility operating companies comprise the nation's fifth largest investor-owned electric system, serving 4.5 million customers within 36,100 square miles of Ohio, Pennsylvania and New Jersey; and its generation subsidiaries control more than 14,000 megawatts of capacity. Our Corporate Vision is to become a leading regional energy provider.

1997: FirstEnergy was formed on November 7, when Ohio Edison acquired Centerior Energy and its subsidiaries for $1.6 billion in stock.

1999: Allegheny Power purchased the West Virginia operations of UtiliCorp United's West Virginia Power.

2000: With more than 12,000 employees, FirstEnergy Corp. is considered one of the top 2000 largest public companies in the world, according to Forbes.

2001: FirstEnergy nearly doubled its revenue to more than $12 billion and customers served more than 4.3 million when it merged with the former GPU, Inc., based in Morristown, New Jersey. FirstEnergy Corporation, with its four utility operating companies, merged with GPU, Inc., bringing GPU's three additional operating companies into FirstEnergy as well. Through the acquisition of GPU, FirstEnergy also acquired: FirstEnergy merged with GPU, Inc., the owner of Jersey Central Power & Light Company, Pennsylvania Electric Company (Penelec), and Metropolitan Edison Company (Met-Ed).

2010: In February, Allegheny Energy announced plans to merge with FirstEnergy.

2014: The company has been working to upgrade or replace existing power lines, incorporate new, smart technology into the grid, and upgrade substations with new equipment and enhanced security features.

2016: FirstEnergy announced its plan to move away from commodity-exposed generation and transform it into a fully regulated transmission and distribution utility.

2018: On March 31, FirstEnergy Solutions filed for bankruptcy. FirstEnergy announced it is closing the Perry Nuclear Generating Station and Davis–Besse Nuclear Power Station, both in Ohio, and Beaver Valley Nuclear Power Station in Pennsylvania.

2019: The Company filed its eighth amended bankruptcy plan on October 14.

2020: The Independent Review Committee of the Board of Directors of FirstEnergy Corp. announced a leadership transition, including the termination of the Company’s Chief Executive Officer, Charles E. Jones, effective immediately. It emerged from bankruptcy, becoming Energy Harbor Corp.

2021: On July 22, the United States Attorney for the Southern District of Ohio announced that FirstEnergy would be fined $230 million for its part in the scandal.

We are a forward-thinking electric utility centred on integrity, powered by a diverse team of employees committed to making customers' lives brighter, the environment better and our communities stronger.

Our vision for the grid of the future is an enhanced distribution platform that delivers customer value through a stronger, more empowering energy experience.