(FE) FirstEnergy - Ratings and Ratios

FirstEnergy Corp. (NYSE:FE) is a leading U.S. energy provider specializing in the generation, transmission, and distribution of electricity. The company operates through three main segments: Distribution, Integrated, and Stand-Alone Transmission. Its power generation portfolio includes coal-fired, nuclear, hydroelectric, wind, and solar facilities, ensuring a diversified energy mix. FirstEnergy manages an extensive network of 252,244 distribution line miles and 24,143 transmission line miles, which include overhead and underground systems for primary, secondary, and street lighting circuits. The company serves approximately 6 million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. Headquartered in Akron, Ohio, FirstEnergy was incorporated in 1996 and has established itself as a key player in the electric utility sector, with a strong focus on grid modernization and renewable energy integration.

FirstEnergys operational footprint spans six states, with a significant presence in the Mid-Atlantic and Midwest regions. The company has been actively transitioning its generation fleet to reduce carbon emissions, retiring older coal-fired plants and investing in cleaner energy sources. Its transmission segment plays a critical role in maintaining grid reliability and facilitating the integration of renewable energy into the power supply. FirstEnergys distribution network is supported by advanced technologies, including smart meters and automated systems, to enhance service quality and efficiency. The company is also committed to grid resilience, having invested heavily in infrastructure upgrades to withstand extreme weather events and cyber threats.