FirstEnergy (NYSE: FE) — Company Overview, News & Financial Data
FirstEnergy delivers reliable electric services across the Midwest and Mid-Atlantic, enhancing sustainability and grid infrastructure.
FirstEnergy
FirstEnergy is a public utility holding company that operates one of the largest investor-owned electric systems in the United States. Headquartered in Akron, Ohio, the company delivers electricity through ten regulated distribution utility companies across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. Its operating entities serve more than six million customers across a 65,000-square-mile service territory. The company also operates hundreds of miles of high-voltage transmission lines, managing grid reliability, distribution infrastructure, and clean energy modernization initiatives across the Mid-Atlantic and Midwest regions.
Snapshot
Operations
Products and/or services of FirstEnergy
- Ohio Distribution Utilities: Delivering electric distribution services to 2.2 million customers across central, northeastern, and northwestern Ohio through local operating utilities, managing extensive low-voltage utility lines, substations, smart meters, and residential, commercial, and industrial power delivery systems.
- Pennsylvania Regulated Distribution Operations: Providing electric power distribution to over two million customers in Pennsylvania through operating divisions including Met-Ed, Penelec, Penn Power, and West Penn Power, maintaining regional poles, power lines, substations, and emergency restoration infrastructure.
- New Jersey Regulated Distribution Operations: Servicing more than 1.1 million residential, commercial, and industrial customers across central and northern New Jersey via Jersey Central Power & Light, overseeing high-density power distribution networks, automated switching equipment, and storm resiliency upgrades.
- West Virginia and Maryland Distribution Operations: Supplying regulated electric utility services to roughly 780,000 combined customers in West Virginia and Maryland through Mon Power and Potomac Edison, operating transmission tie-lines, rural distribution networks, and customer service operations.
- High-Voltage Transmission Infrastructure: Owning and operating over 24,000 miles of high-voltage transmission lines connecting regional power generation sources to local distribution networks across the PJM Interconnection territory, supporting regional wholesale electricity transmission and grid reliability.
- Grid Modernization and Energy Efficiency Services: Implementing capital infrastructure investments including automated distribution systems, advanced smart metering, underground cabling, substation upgrades, energy conservation programs, and grid interconnectivity options for third-party renewable energy suppliers and customer-sited generation.
FirstEnergy executive team
- Mr. Brian X. TierneyCEO, President & Chair of the Board
- Mr. K. Jon TaylorSenior VP & CFO
- Mr. Toby L. ThomasChief Operating Officer
- Mr. Hyun ParkSenior VP & Chief Legal Officer
- Mr. Allan Wade SmithPresident of FirstEnergy Utilities
- Mr. Jason J. LisowskiVP, Controller & Chief Accounting Officer
- Mr. Ernest N. MaleyVP & Chief Information Officer
- Ms. Karen SagotVice President of Investor Relations
- Mr. Antonio FernandezVP and Chief Ethics & Compliance Officer
- Ms. Tabrina L. DavisVice President of Communications