Company Overview

Allegheny Energy, Inc. owns and operates electric generation facilities, and delivers electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia. The company owns or contractually controls coal, gas, and oil-fired generation facilities, as well as hydro generation facilities. It operates in two segments, The Merchant Generation and The Regulated Operations. The Merchant Generation segment owns, operates, and manages electric generation facilities, as well as purchases and sells energy and energy-related commodities. This segment markets its electric generation capacity to various customers and markets, including certain of its affiliates, as well as uses both deriv...

Allegheny Energy, Inc. owns and operates electric generation facilities, and delivers electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia. The company owns or contractually controls coal, gas, and oil-fired generation facilities, as well as hydro generation facilities. It operates in two segments, The Merchant Generation and The Regulated Operations. The Merchant Generation segment owns, operates, and manages electric generation facilities, as well as purchases and sells energy and energy-related commodities. This segment markets its electric generation capacity to various customers and markets, including certain of its affiliates, as well as uses both derivative and nonderivative contracts to manage its portfolio of contracts. As of December 31, 2010, it owned or contractually controlled 7,015 megawatts of generation capacity. The Regulated Operations segment operates electric public utility systems that include electricity generation and transmission facilities. It serves approximately 385,500 customers in northern West Virginia; approximately 383,700 customers in portions of West Virginia and Maryland; and approximately 716,100 customers in southwestern, south-central, and northern Pennsylvania. This segment also develops, constructs, and operates electricity transmission expansion projects. The company was formerly known as Allegheny Power Systems Inc. and changed its name to Allegheny Energy, Inc. in September 1997. Allegheny Energy, Inc. was incorporated in 1925 and is headquartered in Greensburg, Pennsylvania. As of February 25, 2011, Allegheny Energy Inc. operates as a subsidiary of FirstEnergy Corp.

Key Executives for Allegheny Energy, Inc.

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