Allegheny Energy
US electrical utility company / From Wikipedia, the free encyclopedia
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Allegheny Energy was an electric utility headquartered in Greensburg, Pennsylvania. It owned and operated electric generation facilities and delivered electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia. Allegheny Energy was incorporated in Maryland in 1925[1] as West Penn Electric Company.[2] One of its predecessor companies[which?] dates back to the formation of West Penn Power on January 31, 1907.[citation needed]
Company type | Subsidiary of First Energy |
---|---|
Industry | Utility |
Founded | January 31, 1907; 117 years ago (1907-01-31) (as West Penn Power) |
Defunct | 2010; 14 years ago (2010) |
Fate | bought by FirstEnergy |
Headquarters | Greensburg, Pennsylvania |
Area served | Maryland, Pennsylvania, Virginia, West Virginia |
Key people | Paul J. Evanson, Chairman and CEO |
Products | Electric power |
Revenue | US$3.903 billion (FY 2010)[1] |
US$931.5 million (FY 2010)[1] | |
US$411.7 million (FY 2010)[1] | |
Total assets | US$12.08 billion (FY 2010)[1] |
Total equity | US$3.442 billion (FY 2010)[1] |
Number of employees | 4,211 (Dec. 2010)[1] |
Website | www.alleghenyenergy.com |
The company had three primary businesses: "merchant generation," which operated power plants primarily in Pennsylvania and West Virginia; "transmission expansion;" and "utility operations," consisting of transmission and distribution operations serving 1.6 million customers,[3] primarily in small towns and rural areas.
Allegheny merged with FirstEnergy in February 2011.