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10 10  = Brief Company Summary =
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12 -FirstEnergy Corp (NYSE:FE) is an American holding company that operates in electric utility industry and is involved in the transmission, distribution, and generation of electricity. The company serves over six million customers in the Midwest and Mid-Atlantic regions. FirstEnergy is a holding company with its primary assets being its subsidiaries. Substantially all the businesses are conducted by the subsidiaries as well. FirstEnergy’s 10 regulated distribution companies form one of the nation’s largest investor-owned electric systems. The infrastructure of the company includes 269,000 miles of distribution lines; transmission operations include over 24,000 miles of transmission lines and two regional transmission operation centers. The 10 subsidiaries of the company are Ohio Edison (OE), The Cleveland Electric Illuminating Company (CEI), Toledo Edison (TE), Met-Ed (ME), Penelec, Penn Power (PE), West Penn Power (WP), Jersey Central Power & Light (JCP&L), Mon Power (MP), and Potomac Edison (PE).
12 +FirstEnergy Corp (NYSE:FE) is an American holding company that operates in electric utility industry and is involved in the transmission, distribution, and generation of electricity. The company serves over six million customers in the Midwest and Mid-Atlantic regions. FirstEnergy is a holding company with its primary assets being its subsidiaries. Substantially all the businesses are conducted by the subsidiaries as well. FirstEnergy’s 10 regulated distribution companies form one of the nation’s largest investor-owned electric systems. The infrastructure of the company includes 269,000 miles of distribution lines; transmission operations include over 24,000 miles of transmission lines and two regional transmission operation centers. The 10 subsidiaries of the company are Ohio Edison (OE), The Cleveland Electric Illuminating Company (CEI), Toledo Edison (TE), Met-Ed (ME), Penelec, Penn Power (PE), West Penn Power (WP), Jersey Central Power & Light (JCP&L), Mon Power (MP), and Potomac Edison (PE). However, apart from these subsidiaries, the company has more subsidiaries (in some cases under the ownership of other subsidiaries).
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14 +The subsidiaries of the company can be broadly classified into two categories - regulated utility operating subsidiaries and regulated transmission operating subsidiaries. The revenue of the company is generated from service provided by the Utilities and Transmission Companies. However, the company has two operating segments - regulated distribution and regulated transmission.
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