FirstEnergy Corp. (NYSE: FE), headquartered in Akron, Ohio, is a diversified electric utility formed in 1997 through the merger of several mid-Atlantic power companies. The company’s regulated operations deliver electricity across Ohio, Pennsylvania, New Jersey and West Virginia, providing transmission and distribution services to residential, commercial and industrial customers. FirstEnergy’s network supports a broad service territory with an extensive grid infrastructure.
In addition to its regulated utility business, FirstEnergy owns and operates a varied generation portfolio. Through its subsidiaries, the company manages coal-fired, natural gas, hydroelectric and nuclear power plants. FirstEnergy Nuclear Operating Company oversees nuclear facilities in the region, while other divisions focus on modernizing fossil fuel assets and integrating renewable energy sources. The company has prioritized grid reliability and resilience through system upgrades and advanced monitoring technologies.
Under the leadership of President and Chief Executive Officer Charles E. “Chuck” Jones, FirstEnergy emphasizes operational excellence and customer service. The executive team guides the company’s strategic initiatives, which include infrastructure investment, digital transformation and compliance with evolving regulatory standards. FirstEnergy’s governance framework ensures oversight of safety, environmental stewardship and risk management across its businesses.
Committed to community engagement and environmental responsibility, FirstEnergy participates in economic development programs and supports local charitable endeavors. The company is enhancing its network to facilitate future growth in distributed generation and electric transportation. By balancing its regulated utility focus with a dynamic generation profile, FirstEnergy aims to deliver reliable power and long-term value to stakeholders.
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