All Brands Owned by FirstEnergy Corp.

What does FirstEnergy own?
FirstEnergy owns ten regulated electric utilities, including Ohio Edison, The Illuminating Company, Toledo Edison, Met-Ed, Penelec, West Penn Power, Jersey Central Power & Light, Mon Power, Potomac Edison, and Penn Power, plus about 24,000 miles of transmission lines and regulated generation in West Virginia.

Is FirstEnergy publicly traded?
Yes. It trades on the New York Stock Exchange under ticker FE and is held widely by institutional investors.

Who founded FirstEnergy?
FirstEnergy was formed in 1997 through the merger of Ohio Edison Company and Centerior Energy Corporation. It expanded through mergers with GPU in 2001 and Allegheny Energy in 2011.

Where is FirstEnergy headquartered?
FirstEnergy is headquartered at 341 White Pond Drive in Akron, Ohio, USA.

How many brands does FirstEnergy own?
It operates ten utility brands across six states, all owned by the single FirstEnergy Corp. holding company.

Who owns FirstEnergy?
FirstEnergy is an independent public company owned by its shareholders. No parent company or controlling family exists.

What was the FirstEnergy bribery scandal?
The company admitted to funneling about $60 million to a dark money group tied to Ohio House Speaker Larry Householder to pass House Bill 6 in 2019. It paid $230 million under a 2021 deferred prosecution agreement, $100 million to the SEC in 2024, and $250 million in Ohio refunds and forfeitures ordered in 2025.