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FirstEnergy Corporation

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	SEC Info - Firstenergy Corp - U-1/A - On 7/25/00
		FirstEnergy believes that the consideration to be paid by it for the voting securities of ATSI is reasonable because the amount of such consideration plus the total amount of debt that ATSI will incur in acquiring the Transmission Assets is equal to the approximate actual value of those assets.
		FirstEnergy further believes that such consideration bears a fair relation to the investment in and the earning capacity of the Transmission Assets because it is based on the net book value those assets had in the hands of the Operating Companies.
		FirstEnergy will directly acquire all of the issued and outstanding voting securities of ATSI, in addition to continuing to own directly or indirectly all of the issued and outstanding voting securities of each of the Operating Companies, and thus there will be no minority equity interest in any of such companies.
	www.secinfo.com /dvf4f.5n.htm (6474 words)

	USATODAY.com - FirstEnergy's picking up the pieces (Site not responding. Last check: 2007-10-02)
		FirstEnergy had hoped to reopen the plant by the end of last year, but the Nuclear Regulatory Commission has yet to approve a restart.
		FirstEnergy began heating the plant last week and soon will decide when to ask the NRC for permission to restart it, spokesman Todd Schneider says.
		Another plus for FirstEnergy going forward, he says, is that it paid off $1.7 billion of debt last year and expects to pay off "close to $1 billion" this year.
	www.usatoday.com /money/industries/energy/2004-02-02-firstenergy_x.htm (1149 words)

	CNN.com - Blackout trail leads to Ohio - Aug. 16, 2003
		FirstEnergy, a power company that provides electricity to 1.4 million customers in Ohio, said in a statement Saturday that some of its lines failed before the flout and that an alarm system did not signal a problem.
		FirstEnergy spokesman Todd Schneider said the company's computerized system for monitoring and controlling its transmission and generation system was working properly, but an alarm system to catch problems in the system was not.
		In investigating the origin of the flout, MISO is focusing on the four facilities in northern Ohio that experienced problems, MISO spokeswoman Mary Lynn Webster said.
	www.cnn.com /2003/US/08/16/power.outage/index.html (1120 words)

	FirstEnergy chief says Ohio utility shouldn't be singled out for blackout blame (Site not responding. Last check: 2007-10-02)
		Transcripts released by the committee showed that FirstEnergy's grid managers were struggling to try to diagnose the failures and were confused before the flout as to what was happening in their system south of Cleveland.
		While FirstEnergy's system suffered a number of voltage lines tripping and had problems with malfunctioning computers, "our system was still stable" even after those outages and up to minutes before the massive flout, he told the lawmakers.
		FirstEnergy provided the committee with a list of incidents and power transmission problems outside the company's service area in an attempt to deflect the intense attention that has been aimed at the Ohio utility company as investigators searched for what triggered the massive power outage.
	www.sfgate.com /cgi-bin/article.cgi?f=/news/archive/2003/09/04/financial1030EDT0067.DTL (792 words)

	Software Bug Contributed to Blackout
		Because the system failed silently, FirstEnergy's operators were unaware for over an hour that they were looking at outdated information on the status of their portion of the power grid, according to the November report.
		FirstEnergy says its problems were some of many issues destabilizing power flow in the northeast that day, and that its role in the outage is overstated in the interim report.
		FirstEnergy says it already patched the flout bug last fall, when GE made a fix available, and is in the process of replacing the XA/21 with a competing system -- a changeover that was planned before the flout.
	www.securityfocus.com /news/8016 (631 words)

	CNN.com - GAO investigating FirstEnergy - Aug. 18, 2003
		FirstEnergy's nuclear plant, shuttered since early last year, is the subject of an investigation by the Nuclear Regulatory Commission.
		FirstEnergy spokesman Todd Schneider said it was "unfair to point the finger," during the preliminary stages of the flout investigation.
		FirstEnergy had hoped to restart its nuclear plant, Davis-Besse, in early August but the NRC will make the final decision on when the plant can resume operations.
	cnn.com /2003/US/08/18/blackout.firstenergy.ap (768 words)

	A profile of Ohio-based FirstEnergy Enron was no aberration
		FirstEnergy is the owner of four of the first five transmission lines that failed on August 14.
		FirstEnergy is the owner of the Davis-Besse nuclear power plant in Ohio, which was shut down in February 2002 when massive corrosion was discovered on a nozzle of the reactor head.
		FirstEnergy is not alone in its financial difficulties.
	www.wsws.org /articles/2003/aug2003/ener-a23.shtml (1455 words)

	The Mercury - FirstEnergy works to prevent future blackouts
		FirstEnergy Corp. and agencies responsible for monitoring electric utilities are taking steps to help prevent a repeat of the massive Aug. 14, 2003, power flout.
		FirstEnergy, as well as electrical reliability monitors, were ordered to take certain action to minimize the possibility of future flouts.
		FirstEnergy said it is well on its way to complying with the directives by establishing processes to guard against potential outages.
	www.pottstownmercury.com /site/news.cfm?newsid=12702664&BRD=1674&PAG=461&dept_id=18041&rfi=6 (850 words)

	Public Citizen \| Energy Program \| Energy Program - Bush Puts FirstEnergy First, Consumers Last
		FirstEnergy’s strong ties to the president may help explain why the company may be let off the hook for depriving millions of power during the flout.
		FirstEnergy President Anthony Alexander was a Bush Pioneer in 2000 – meaning he raised at least $100,000 – and then served on the Energy Department transition team.
		FirstEnergy’s PAC and its top executives are the sixth-largest contributors from the electric utility industry, giving more than $1 million to federal candidates in 2001-2002 alone, with 70 percent of the money going to Republicans.
	www.citizen.org /cmep/energy_enviro_nuclear/electricity/deregulation/articles.cfm?ID=10285 (1300 words)

	Forbes.com: TEXT-S&P affirms FirstEnergy 'BBB' corp credit rating (Site not responding. Last check: 2007-10-02)
		FirstEnergy's disappointing second quarter 2003 results, including several one-time charges, are causing additional slippage in the company's ability to reduce debt.
		Although FirstEnergy generates substantial free cash, deleveraging has deviated substantially from the company's strategy that was presented to Standard and Poor's around the time of the merger with GPU Inc. when the 'BBB' corporate credit rating was assigned.
		Key issues being monitored for FirstEnergy are PWC's reaudit of the two operating companies, restart of the Davis Besse nuclear plant, the company's liquidity position, its ability to forecast provider-of-last-resort load and the performance of its hedged portfolio, and capture of merger synergies.
	www.forbes.com /business/energy/newswire/2003/08/07/rtr1052493.html (475 words)

	Blackout puts privatizers and deregulators on hotseat
		FirstEnergy, the Ohio company at the centre of last week's massive power flout, has a long record of safety, operational and financial problems.
		Now FirstEnergy is scurrying for cover and so are politicians everywhere, not only those directly connected to it, like George Bush and Dick Cheney, but those indirectly associated with the flout by virtue of their unbridled advocacy of privatization and deregulation.
		In 2002, FirstEnergy gave $1,044,807 to political parties — 70% to Republicans and 29% to Democrats — the 10th-largest amount contributed by an energy and natural resources company and the sixth-largest amount contributed by an electric utility, according to the Center for Responsive Politics.
	www.nupge.ca /news_2003/n19au03b.htm (836 words)

	Holding Company Act Release 27695
		FirstEnergy also directly or indirectly holds investments in numerous nonutility subsidiaries that are engaged in a variety of energy-related, exempt, or otherwise functionally related nonutility businesses ("Nonutility Subsidiaries" and together, with the Utility Subsidiaries, "Subsidiaries").
		FirstEnergy also directly owns all of the issued and outstanding common stock of FirstEnergy Service Company ("ServeCo"), which was organized in 2001 in order to become a new service company subsidiary of FirstEnergy.
		FirstEnergy states that it is in compliance with all requirements of rule 53(a) except clause (1).
	www.sec.gov /divisions/investment/opur/filing/35-27695.htm (2820 words)

	Power blackout is latest of FirstEnergy problems - The Washington Times: Business (Site not responding. Last check: 2007-10-02)
		FirstEnergy said a system that is supposed to flash a red warning on computer monitors at the company's control center was not operational when the lines began failing.
		FirstEnergy's Davis-Besse nuclear plant east of Toledo was shut in February 2002 for maintenance.
		FirstEnergy executives spent the weekend trying to determine the extent of the utility's role in the outage.
	www.washtimes.com /business/20030817-105501-8025r.htm (702 words)

	toledoblade.com -- FirstEnergy to pay $28 million fine for lying; Davis-Besse’s punishment largest in nuclear industry
		Uhlmann said the company showed “brazen arrogance” by withholding information in the fall of 2001 when the NRC was debating internally whether Davis-Besse was too dangerous to keep operating past Dec. 31 of that year, he said.
		FirstEnergy has spent some $605 million to replace Davis-Besse’s old reactor head, make numerous other modifications, and buy replacement power during the two years that the plant was shut down.
		Siemaszko, who was once in charge of inspecting the reactor head, has claimed that FirstEnergy officials ignored his demands to do more maintenance on it during the plant’s 2000 outage.
	toledoblade.com /apps/pbcs.dll/article?AID=/20060121/NEWS02/60121001 (1344 words)

	FirstEnergy Corp. BETA Lab : Terms & Conditions
		FirstEnergy shall have the right to charge interest on all amounts not paid by the due date at the rate of one and one-half percent interest per month, compounded from the due date to the date of payment.
		FirstEnergy represents that all work shall be performed in a skillful, workmanlike and professional manner and in conformance with all applicable standard procedures.
		FirstEnergy's liability arising out of performance of services to client will be limited to no more than the contract amount FirstEnergy has agreed to charge the client for these services.
	www.beta-lab.com /Terms_Conditions.html (759 words)

	USATODAY.com - FirstEnergy shares drop in blackout probe (Site not responding. Last check: 2007-10-02)
		NEW YORK (Reuters) — FirstEnergy's (FE) shares fell 9% Monday as investigators looked into whether the company's power lines may have triggered the largest power outage in U.S. history.
		FirstEnergy, which serves 4.3 million customers in parts of Ohio, Pennsylvania and New Jersey, said the belief that the outage started in its system was a "misinterpretation."
		FirstEnergy's "involvement in the flout could impact the price or ability to issue equity and could also further impact the credit agencies' view." said Merrill Lynch analyst Steven Fleishman in a note.
	www.usatoday.com /money/industries/energy/2003-08-18-firstenergy-blackout-probe_x.htm (441 words)

	Utility employees brighten Bush's coffers (Site not responding. Last check: 2007-10-02)
		DiNicola explained that FirstEnergy has a vital stake in the presidential race because the company is expanding into more than a dozen northeastern states to better compete in the coming era of deregulated energy.
		FirstEnergy's PAC, which accepts payroll-deducted donations from employees, contributed $95,700 to dozens of congressional candidates -- a third of them Democrats -- during the 1997-98 federal election cycle.
		Of the 111 FirstEnergy contributions to Bush, 44 checks were for $1,000 -- the legal limit for individuals -- and 42 were for $500.
	www.bright.net /~dknox/clips/bush.html (1129 words)

	HP News Release: FirstEnergy Turns to HP for Centralized IT Services Management
		HP's software solutions are designed to enable FirstEnergy to manage its infrastructure from a single console rather than a collection of individual devices.
		FirstEnergy is a registered public utility holding company headquartered in Akron, Ohio.
		FirstEnergy subsidiaries and affiliates are involved with the generation, transmission and distribution of electricity; exploration and production of oil and natural gas; transmission and marketing of natural gas; and energy management and other energy-related services.
	www.hp.com /hpinfo/newsroom/press/2003/030415a.html (602 words)

	FirstEnergy Woes
		Electricity deregulation was the catalyst, but FirstEnergy was the immediate culprit for the massive power flout that shut down much of the Midwest and Northeast last week.
		FirstEnergy's strong ties to the president helps to explain why the Department of Energy (DOE) may downplay the company's role in the flout.
		In the electricity utility industry, FirstEnergy's PAC and its top executives are the sixth-largest contributors to political campaigns, giving more than $1 million to federal candidates in 2001-2002, with 70 percent of the money going to Republicans.
	www.dissidentvoice.org /Articles8/Hunter_FirstEnergy-Bush.htm (726 words)

	FirstEnergy Provides Assistance to Victims of Hurricane Katrina
		FirstEnergy also is assisting in the restoration efforts with 95 employees -- including 35 line crews -- currently working in Florida to help restore electrical service to customers of Florida Power & Light affected by the hurricane.
		In addition, FirstEnergy released about 320 electrical and forestry contractors from their existing commitments so they could travel south to assist with the restoration efforts.
		The FirstEnergy Foundation is funded solely by FirstEnergy Corp. (NYSE: FE) and provides support to non-profit, tax-exempt health and human services agencies; educational organizations; cultural and arts programs and institutions; and civic groups in areas served by FirstEnergy's seven electric operating companies and in areas where the company has facilities.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/09-01-2005/0004098452&EDATE= (399 words)

	FirstEnergy (Site not responding. Last check: 2007-10-02)
		FirstEnergy Services provides electricity and natural gas services to unregulated energy markets as well as a wide range of other energy-related products and services.
		FirstEnergy Corp's Facilities Services Group -- the largest energy services operation of its kind in the northeastern region of the United States -- includes 11 mechanical contracting, facilities management and energy management services companies, with revenues exceeding $500 million annually.
		FirstEnergy Services is licensed to sell electricity in Delaware, New Jersey, and Pennsylvania, where the company has added more than 20,000 new accounts, including 800 federal government facilities, such as the Statue of Liberty and Ellis Island and 131 Wal-Mart stores.
	www.business-journal.com /LateApril00/FirstEnergyWeb.html (335 words)

	DIA: FirstEnergy Corp is in recruiting mode
		As FirstEnergy's resourcing manager, Breetz is involved in workforce planning, recruiting, relocation, contingent labor and outplacement.
		FirstEnergy's subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity.
		FirstEnergy's seven electric utility operating companies comprise the nation's fifth-largest investor-owned electric system, serving 4.4 million customers in Ohio, Pennsylvania and New Jersey.
	www.diversitycareers.com /articles/college/05-sumfall/dia_firstEnergy.htm (666 words)

	Estimating the Value of a FirstEnergy Investment: Habitat for Humanity -- Habitat for Humanity Int'l
		The impact of moving into an energy efficient home on the families was determined by using a number of existing low-income weatherization studies to estimate the annual savings in utility costs.
		FirstEnergy’s $9.3 million investment yielded a $14.6 million increase in the Ohio economy over the three-year period.
		The REMI model estimated that FirstEnergy’s $9.3 million investment resulted in an increase of $11,474,000 in disposable income for Ohio residents, $2,234,500 in state revenues and $860,300 in local revenues over the three years.
	www.habitat.org /hfhu/programs/research/firstEnergyPaper.aspx?print=true (1140 words)

	Press Release -- Congressman Dennis J. Kucinich (OH10) -- Kucinich: FirstEnergy Has A Long History Of Mismanagement (Site not responding. Last check: 2007-10-02)
		“FirstEnergy has a long history of mismanagement, and if press accounts are accurate and last week’s massive flout was triggered by a failure of FirstEnergy’s power lines, serious questions have to be raised about FirstEnergy’s ability to effectively serve the residents of Northeast Ohio.
		FirstEnergy allowed conditions at the plant to deteriorate to the point that a football size hole was found in the reactor head.
		While FirstEnergy may not be alone, its past history, combined with what appears to be another management failure, makes it a prime example of the complete failure of deregulation.
	www.house.gov /apps/list/press/oh10_kucinich/030818FEmisman.html (332 words)

	FirstEnergy buys back $900M in stock - Boston.com
		FirstEnergy Corp., a utility serving parts of Ohio, Pennsylvania and New Jersey, said Friday it bought 14.4 million, or 4.5 percent, of its outstanding shares for $900 million.
		FirstEnergy has bought back roughly 7.6 percent, or 330 million shares, of outstanding stock since the end of the second quarter 2006.
		FirstEnergy closed Thursday on the New York Stock Exchange at $62.63.
	www.boston.com /business/markets/articles/2007/03/02/firstenergy_buys_back_900m_in_stock (136 words)

	Press Release -- Congressman Dennis J. Kucinich (OH10) -- Kucinich Files Complaint To Revoke FirstEnergy’s Operating ... (Site not responding. Last check: 2007-10-02)
		In response to FirstEnergy’s long history of management failures and reported role in last week’s flout, Congressman Dennis J. Kucinich (D-OH) filed a complaint with the Public Utilities Commission of Ohio (PUCO) today to revoke FirstEnergy Corp. license to operate in Northeast Ohio.
		FirstEnergy knew, or should have known about the hole in the lid of the containment vessel, but insisted on continuing to operate the plant until March 2002, at a risk to the safety of the entire Great Lakes area.
		FirstEnergy also just announced that it would not be able to file its’ 10Q Form regarding its Quarterly financial results with the Securities and Exchange Commission on time because of the restatements it has announced.
	www.house.gov /apps/list/press/oh10_kucinich/0308201stEfiled.html (2031 words)

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