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FE - FirstEnergy Corp. ()

Overview

Company Summary


FirstEnergy Corp. is a diversified energy company operating mainly in the Midwest and Mid-Atlantic regions of the United States. It serves approximately 6 million customers across Ohio, Pennsylvania, West Virginia, Maryland, and New Jersey.

FirstEnergy Corp. primarily operates in the electric utility sector. It owns and operates a diverse portfolio of assets, including power generation facilities, transmission and distribution systems, and regulated electric distribution utilities. The company generates electricity through a mix of coal, natural gas, nuclear, and renewable resources.

One of the key aspects of FirstEnergy's business is supplying electricity to its customers. It maintains and upgrades the transmission and distribution infrastructure to ensure the reliable and efficient delivery of electricity to homes, businesses, and industries within its service areas.

FirstEnergy also provides various customer services, including billing and payment options, energy efficiency programs, and outage support. The company is committed to promoting energy conservation and helping customers reduce their energy consumption through energy-saving initiatives.

Additionally, FirstEnergy has a non-regulated subsidiary called FirstEnergy Solutions that focuses on competitive electricity markets. This subsidiary offers competitive energy supply, renewable energy, and demand response services to commercial and industrial customers.

Overall, FirstEnergy Corp. plays a crucial role in providing reliable electricity to millions of customers, maintaining and improving energy infrastructure, and offering energy-related services to both regulated and deregulated markets.

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