FirstEnergy Corp - Company Profile
Powered by 
All the sales intelligence you need on FirstEnergy Corp in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how FirstEnergy Corp fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with FirstEnergy Corp.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Business Description
FirstEnergy Corp (FirstEnergy), through its subsidiaries, is involved in the generation, transmission, and distribution of electricity. It serves over six million customers across the regions of the Midwest and Mid-Atlantic.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Business Segments
Overview
Distributes electricity through its operating companies such as, Ohio Edison Company (OE), The Cleveland Electric Illuminating Company (CEI), The Toledo Edison Company (TE), and FirstEnergy Pennsylvania Electric Company (FE PA). In FY2024, the segment incurred a capital expenditure of US$1,130 million, which grew 20.7% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes distribution and transmission operations through Jersey Central Power & Light Company (JCP&L), Monongahela Power Company (MP), and The Potomac Edison Company (PE). Provides transmission infrastructure in New Jersey, West Virginia, Maryland and Virginia. In FY2024, the segment incurred a capital expenditure of US$1,542 million, which grew 27.2% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes ownership in FET and KATCo. Also operates transmission infrastructure. In FY2024, the segment incurred a capital expenditure of US$1,266 million, which grew 15.8% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes corporate support and other costs not charged or attributable to the Electric Companies or Transmission Companies. In FY2024, the segment incurred a capital expenditure of US$92 million, which declined 20% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer