Based in Akron, Ohio, the FirstEnergy Corporation is a diversified electric company that provides electric power, natural gas and steam distribution services to an area of 36,100 square miles in Ohio, Pennsylvania and New Jersey. A Fortune 500 company, FirstEnergy has seven operating companies that provide electric utility to 4.5 million customers. These companies are Cleveland Electric Illuminating, Jersey Central Power and Light, Metropolitan Edison, Ohio Edison, Pennsylvania Electric Company, Penn Power and Toledo Edison. Combined, the seven companies provide FirstEnergy with the fifth largest investor-owned electric system in the US. The company also has a generating capacity of 13,948 megawatts. Its transmission lines stretch beyond 12,000 miles (69 kV and up) and has 81 interconnections with nine electric utility systems In 2006, FirstEnergy registered annual revenues of $12.4 billion and assets of over $32 billion. FirstEnergy also has an unregulated subsidiary, FirstEnergy Solutions, that supplies a wide range of energy and energy-related products and services, including the generation and sale of electricity and energy planning and procurement. This subsidiary provides electricity to more than 400,000 customers and supplies the energy and procurement needs of 120,000 accounts located in Maryland, Michigan, New Jersey, Ohio and Pennsylvania.
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