{ "schemaVersion": 1, "organisationId": "O-f9f2c52942b54710a8eb254685ebfe2f", "slug": "firstenergy", "name": "FIRSTENERGY CORP", "updatedAt": "2026-09-28T12:05:32.054266Z", "sections": [ { "type": "OVERVIEW", "text": "FirstEnergy Corp. is a U.S. electric utility holding company whose subsidiaries primarily transmit and distribute electricity. Its operations also include regulated generation. Its electric companies serve more than 6 million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and a small part of New York, while its transmission network spans more than 24,000 miles. [P44974128][P51443124][P91472234]\n\nFirstEnergy states that its mission is to be a forward-thinking electric utility centered on integrity, with employees committed to improving customers’ lives, the environment and the communities it serves. The company reported $15.09 billion in revenue for 2025. [https://www.firstenergycorp.com/about.html][P20892815]\n[P44974128][P51443124][P91472234][P20892815][https://www.firstenergycorp.com/about.html]", "updatedAt": "2026-09-28T12:05:32.054266Z" }, { "type": "PRODUCTS", "text": "FirstEnergy’s principal customer-facing product is delivered electricity. Its utilities distribute power to residential, commercial and industrial customers, and in certain service areas procure electricity for customers who receive provider-of-last-resort, standard-offer or default supply rather than choosing a competitive supplier. These supply arrangements vary by state. Customer services include billing and payment options, outage reporting and, in eligible territories, energy-efficiency programs and net metering for customer-owned generation. [P55438219][P38842359][https://www.firstenergycorp.com/content/customer/help.html][https://www.firstenergycorp.com/outages_help/Report_Power_Outages/report-outage-login.html][https://www.firstenergycorp.com/save_energy/save_energy_ohio/for_your_home.html][https://www.firstenergycorp.com/content/dam/feconnect/files/retail/Net-Metering-Primer.pdf]\n\nFirstEnergy also provides electric transmission through a network of more than 24,000 miles of lines; its transmission subsidiaries operate facilities at voltages ranging from 46 kV to 500 kV. Its regulated generation includes coal-fired and solar facilities, alongside an interest in pumped-storage hydroelectric capacity. These activities are reported across distribution, integrated utility and stand-alone transmission businesses, rather than as separately priced products. [P20930852][P101454944][P13700921][P105065560][P95137041][P50927656]\n[P55438219][P38842359][P20930852][P101454944][P13700921][P105065560][P95137041][P50927656][https://www.firstenergycorp.com/content/customer/help.html][https://www.firstenergycorp.com/outages_help/Report_Power_Outages/report-outage-login.html][https://www.firstenergycorp.com/save_energy/save_energy_ohio/for_your_home.html][https://www.firstenergycorp.com/content/dam/feconnect/files/retail/Net-Metering-Primer.pdf]", "updatedAt": "2026-09-28T12:05:32.054266Z" }, { "type": "GEOGRAPHY", "text": "FirstEnergy’s electric distribution utilities serve more than six million customers across approximately 65,000 square miles in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York. Its Ohio utilities cover central, northeastern and northwestern parts of the state; its Pennsylvania utility also serves approximately 4,000 customers in Waverly, New York. Jersey Central Power & Light serves New Jersey, Potomac Edison serves Maryland and West Virginia, and Monongahela Power serves West Virginia. FirstEnergy is headquartered in Akron, Ohio. [P51443124][P104883881][P115006116][P3781101][P105689780][P111262845][P53397441][P87208125][https://www.sec.gov/Archives/edgar/data/1031296/000103129625000006/fe-20241231.htm]\n\nFirstEnergy’s transmission footprint extends beyond its distribution territories: its transmission subsidiaries have facilities in Ohio, Pennsylvania and West Virginia, including a line extending into northern Virginia. Virginia is not among its listed distribution-customer states. The company does not report revenue or employee counts by state; reported employee figures are by utility, and some utilities operate across state lines. [P11925445][P12221575][P96875136][P87276196][P2647013][P99692125]\n[P51443124][P104883881][P115006116][P3781101][P105689780][P111262845][P53397441][P87208125][P11925445][P12221575][P96875136][P87276196][P2647013][P99692125][https://www.sec.gov/Archives/edgar/data/1031296/000103129625000006/fe-20241231.htm]", "updatedAt": "2026-09-28T12:05:32.054266Z" }, { "type": "SEGMENTS", "text": "FirstEnergy reports three business segments: Distribution, Integrated and Stand-Alone Transmission. Based on 2025 revenue from external customers, they contributed approximately 50%, 38% and 12%, respectively, of consolidated revenue; a small remainder was reported in Corporate/Other. [P41232810][T10431585]\n\nDistribution comprises the Ohio Companies and FE PA and primarily delivers electricity to customers in Ohio and Pennsylvania. It also purchases power for customers receiving default service. Integrated combines electricity distribution and transmission at JCP&L, MP and PE with MP’s regulated generation operations, serving areas of New Jersey, West Virginia and Maryland. [P70761425][P110590393]\n\nStand-Alone Transmission comprises FirstEnergy’s interests in FET and KATCo. It operates electricity-transmission infrastructure and earns revenue primarily through formula-based transmission rates. Corporate/Other, which is not a reportable segment, includes corporate support, unallocated costs and other activities. [P90248703][P102525040]\n[P41232810][T10431585][T10431585][T10431585][T10431585][P70761425][P110590393][P90248703][P102525040]", "updatedAt": "2026-09-28T12:05:32.054266Z" }, { "type": "HISTORY", "text": "FirstEnergy was formed in 1997 through the merger of Ohio Edison and Centerior Energy. It expanded through a merger with GPU in 2001 and a merger with Allegheny Energy in 2011. [https://www.firstenergycorp.com/about/company_history.html][https://www.sec.gov/Archives/edgar/data/1031296/000103129602000049/fe_rule24-053002.txt][https://www.sec.gov/Archives/edgar/data/1031296/000095012311018851/y41645aexv99w1.htm]\n\nA later shift away from competitive power generation included the 2018 Chapter 11 filing of FirstEnergy Solutions and related companies. They emerged from bankruptcy in 2020, separating that business from FirstEnergy. In 2021, FirstEnergy entered a deferred prosecution agreement concerning its activities related to Ohio energy legislation, admitting to a conspiracy to commit honest-services wire fraud and agreeing to pay a $230 million criminal penalty. 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