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Met-Ed
FirstEnergy Corp is an electric utility headquartered in Akron, Ohio. It was established when Ohio Edison acquired Centerior Energy in 1997. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services. Its ten electric utility operating companies comprise one of the United States' largest investor-owned utilities, based on serving 6 million customers within a area of Ohio, Pennsylvania, West Virginia, Virginia, Maryland, New Jersey, and New York. Its generation subsidiaries control more than 16,000 megawatts of capacity, and its distribution lines span over 194,000 miles. In 2018, FirstEnergy ranked 219 on the Fortune 500 list of the largest public corporations in the United States by revenue. In November 2016, FirstEnergy made the decision to exit the competitive power business, and become a fully regulated company. On July 21, 2020, Speaker of the Ohio House of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FirstEnergy Logo
FirstEnergy Corp is an electric utility headquartered in Akron, Ohio. It was established when Ohio Edison acquired Centerior Energy in 1997. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services. Its ten electric utility operating companies comprise one of the United States' largest investor-owned utilities, based on serving 6 million customers within a area of Ohio, Pennsylvania, West Virginia, Virginia, Maryland, New Jersey, and New York. Its generation subsidiaries control more than 16,000 megawatts of capacity, and its distribution lines span over 194,000 miles. In 2018, FirstEnergy ranked 219 on the Fortune 500 list of the largest public corporations in the United States by revenue. In November 2016, FirstEnergy made the decision to exit the competitive power business, and become a fully regulated company. On July 21, 2020, Speaker of the Ohio House of R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jersey Central Power And Light
FirstEnergy Corp is an electric utility headquartered in Akron, Ohio. It was established when Ohio Edison acquired Centerior Energy in 1997. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services. Its ten electric utility operating companies comprise one of the United States' largest investor-owned utilities, based on serving 6 million customers within a area of Ohio, Pennsylvania, West Virginia, Virginia, Maryland, New Jersey, and New York. Its generation subsidiaries control more than 16,000 megawatts of capacity, and its distribution lines span over 194,000 miles. In 2018, FirstEnergy ranked 219 on the Fortune 500 list of the largest public corporations in the United States by revenue. In November 2016, FirstEnergy made the decision to exit the competitive power business, and become a fully regulated company. On July 21, 2020, Speaker of the Ohio House of R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor-owned Utility
Investor-owned utilities (IOUs) are private enterprises The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit (economics), profit or Non Profit, non profit, rather than being owned by t ... acting as Public utility, public utilities. Examples may range from a family that owns a well on their property to international energy conglomerates. References Public utilities {{business-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Three Mile Island Nuclear Generating Station
Three Mile Island Nuclear Generating Station (commonly abbreviated as TMI) is a closed nuclear power plant on Three Mile Island in Londonderry Township, Dauphin County, Pennsylvania on Lake Frederic, a reservoir in the Susquehanna River just south of Harrisburg. It has two separate units, TMI-1 (owned by Constellation Energy) and TMI-2 (owned by EnergySolutions). The plant was the site of the most significant accident in United States commercial nuclear energy when, on March 28, 1979, TMI-2 suffered a partial meltdown. According to the Nuclear Regulatory Commission (NRC) report, the accident resulted in no deaths or injuries to plant workers or in nearby communities. Follow-up epidemiology studies did not find causality between the accident and any increase in cancers. One work-related death has occurred on-site during decommissioning. The reactor core of TMI-2 has since been removed from the site, but the site has not been fully decommissioned. In July 1998, Amergen Energy ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S&P 500
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. As of December 31, 2020, more than $5.4 trillion was invested in assets tied to the performance of the index. The S&P 500 index is a free-float weighted/capitalization-weighted index. As of August 31, 2022, the nine largest companies on the list of S&P 500 companies accounted for 27.8% of the market capitalization of the index and were, in order of highest to lowest weighting: Apple, Microsoft, Alphabet (including both class A & C shares), Amazon.com, Tesla, Berkshire Hathaway, UnitedHealth Group, Johnson & Johnson and ExxonMobil. The components that have increased their dividends in 25 consecutive years are known as the S&P 500 Dividend Aristocrats. The index is one of the factors in computation of the Conference Board Leading Economic Index ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ohio Nuclear Bribery Scandal
The Ohio nuclear bribery scandal (2020) is a political scandal in Ohio involving allegations that electric utility company FirstEnergy paid roughly $60 million to Generation Now, a 501(c)(4) organization purportedly controlled by Speaker of the Ohio House of Representatives Larry Householder, in exchange for passing a $1.3 billion bailout for the nuclear power operator. It was described as "likely the largest bribery, money laundering scheme ever perpetrated against the people of the state of Ohio" by U.S. Attorney David M. DeVillers, who charged Householder and four others with racketeering on July 21, 2020. According to prosecutors, FirstEnergy poured millions into the campaigns of 21 candidates during the 2018 Ohio House of Representatives election, which ultimately helped Householder replace Ryan Smith as Republican House speaker. Background In July 2019, the House passed House Bill 6, which increased electricity rates and provided that money as a $150 million per year sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cellular Telephone
A mobile phone, cellular phone, cell phone, cellphone, handphone, hand phone or pocket phone, sometimes shortened to simply mobile, cell, or just phone, is a portable telephone that can make and receive telephone call, calls over a radio frequency link while the user is moving within a telephone service area. The radio frequency link establishes a connection to the switching systems of a mobile phone operator, which provides access to the public switched telephone network (PSTN). Modern mobile telephone services use a cellular network architecture and, therefore, mobile telephones are called ''cellular telephones'' or ''cell phones'' in North America. In addition to telephony, digital mobile phones (2G) support a variety of other GSM services, services, such as text messaging, Multimedia Messaging Service, multimedia messagIng, email, Internet access, short-range wireless communications (Infrared Data Association, infrared, Bluetooth), business applications, video games and dig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Transmission
Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines that facilitate this movement form a ''transmission network''. This is distinct from the local wiring between high-voltage substations and customers, which is typically referred to as electric power distribution. The combined transmission and distribution network is part of electricity delivery, known as the electrical grid. Efficient long-distance transmission of electric power requires high voltages. This reduces the losses produced by strong currents. Transmission lines use either alternating current (HVAC) or direct current (HVDC). The voltage level is changed with transformers. The voltage is stepped up for transmission, then reduced for local distribution. A wide area synchronous grid, known as an "interconnection" in North America, directly connects generators delivering AC power with the same rela ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MYR Group Inc
The abbreviation Myr, "million years", is a unit of a quantity of (i.e. ) years, or 31.556926 teraseconds. Usage Myr (million years) is in common use in fields such as Earth science and cosmology. Myr is also used with Mya (million years ago). Together they make a reference system, one to a quantity, the other to a particular place in a year numbering system that is ''time before the present''. Myr is deprecated in geology, but in astronomy ''Myr'' is standard. Where "myr" ''is'' seen in geology it is usually "Myr" (a unit of mega-years). In astronomy it is usually "Myr" (Million years). Debate In geology a debate remains open concerning the use of ''Myr'' (duration) plus ''Ma'' (million years ago) versus using only the term ''Ma''. In either case the term '' Ma'' is used in geology literature conforming to ISO 31-1 (now ISO 80000-3) and NIST 811 recommended practices. Traditional style geology literature is written The "ago" is implied, so that any such year number "X Ma" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cleveland Public Power
Cleveland Public Power (also known as CPP) is a publicly owned electricity generation and distribution company in Cleveland, Ohio. It was founded in 1907 by then-Cleveland mayor Tom L. Johnson. Prior to 1983, it was known as Municipal Light (or "Muny Light" for short). CPP does not have sufficient capacity to compete across the entire Greater Cleveland area. Rather, it is intended to create additional capacity and to create a benchmark price in order to prevent price gouging by local private utilities. In December 1978, Mayor Dennis Kucinich refused to sell the company when a number of banks, which were heavily invested in Muny Light's largest privately owned competitor, the Cleveland Electric Illuminating Company (better known as CEI or The Illuminating Company) refused to roll over the city's debt, as had previously been customary. This was seen as a bad move at the time; unable to pay its debts, the city became the first since the Great Depression to enter default, which cos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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