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Balance Sheet Cash Flow Statement 76 S. Main St. Akron, OH 44308 OH Tel. 800-633-4766 Toll Free 800-736-3402 Fax 330-384-3866 |
Type: Public
On the web:
http://www.firstenergycorp.com
Employees:
14,698
Employee growth: 1.1%
FirstEnergy's first goal is to deliver power, but its second goal is to survive deregulation. Its utilities provide electricity to 4.5 million customers in Ohio, Pennsylvania, and New Jersey, three states that are ushering in power-industry competition. The company's domestic power plants have a total generating capacity of more than 14,170 MW, most generated by coal-fired plants. Subsidiary FirstEnergy Solutions trades energy commodities in deregulated markets throughout the US, and has more than 120,000 accounts. FirstEnergy's other nonregulated operations include electrical and mechanical contracting and energy planning and procurement.
Key numbers for fiscal year ending December, 2008:
Sales: $13,627.0M
One year growth: 6.4%
Net income: $1,342.0M
Income growth: 2.5%
Officers:
Chairman: George M. Smart
President, CEO, and Director, First Energy Corp and FirstEnergy Service: Anthony J. Alexander
EVP and CFO, FirstEnergy, FirstEnergy Service, and FirstEnergy Solutions: Mark T. Clark
Competitors:
Allegheny Energy
Dominion Resources
Public Service Enterprise Group
