FirstEnergy Employees Recognized with Electric Industry Awards

        FirstEnergy Employees Recognized with Electric Industry Awards

PR Newswire

AKRON, Ohio, Feb. 26, 2013

AKRON, Ohio, Feb.26, 2013 /PRNewswire/ --The Electric Power Research
Institute (EPRI), an independent, nonprofit organization for energy and
environmental research, recently recognized two FirstEnergy Corp. (NYSE: FE)
employees as winners of its annual Technology Transfer awards. The awards
recognize contributions in 2012 by FirstEnergy employees that support
successful research, development and implementation of technology solutions to
benefit the electric power industry.

David Tates, manager of Asset Management, was honored for helping develop a
process for managing transformer and circuit breaker maintenance. This
process assists utilities in planning a proactive maintenance and replacement
strategy for these components, leading to improved reliability, increased
equipment life and reduced repair costs. Tates, who resides in Massillon,
Ohio, shared the team award with representatives from seven other utilities.

Eva Gardow, consulting engineer with FirstEnergy Technologies, was recognized
for leading FirstEnergy's smart grid demonstration in New Jersey, which
involved deploying equipment, collecting data and conducting analyses as part
of EPRI's Smart Grid Demonstration Initiative. As a member of an industry
team, Eva and others shared progress on their projects, identified challenges
and provided results to EPRI, the industry and the public. She shared the
award with representatives from eight other utilities. Gardow lives in
Kinnelon, New Jersey.

"I am proud of the leadership role David and Eva have taken in the industry
and am pleased that EPRI has recognized them for their contributions," said
Chuck Jones, FirstEnergy senior vice president and president, FE Utilities.
"Many of EPRI's research efforts involve collaboration, where good ideas are
made even better by the creative skills of talented professionals like ours."

FirstEnergy is a diversified energy company dedicated to safety, reliability
and operational excellence. Its 10 electric distribution companies form one
of the nation's largest investor-owned electric systems, serving customers in
Maryland, Ohio, Pennsylvania, New Jersey, New York and West Virginia. Its
generation subsidiaries control more than 20,000 megawatts of capacity from a
diversified mix of scrubbed coal, non-emitting nuclear, natural gas, hydro,
pumped-storage hydro and other renewables. Follow FirstEnergy on Twitter

About EPRI

The Electric Power Research Institute, Inc. (EPRI, conducts
research and development relating to the generation, delivery and use of
electricity for the benefit of industry and the public. An independent,
nonprofit organization, EPRI brings together its scientists and engineers as
well as experts from academia and industry to help address challenges in
electricity, including reliability, efficiency, affordability, health, safety
and the environment. EPRI's members represent approximately 90 percent of the
electricity generated and delivered in the United States, and international
participation extends to more than 30 countries. EPRI's principal offices and
laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville,
Tenn.; and Lenox, Mass.

Forward-Looking Statements: This News Release includes forward-looking
statements based on information currently available to management. Such
statements are subject to certain risks and uncertainties. These statements
include declarations regarding management's intents, beliefs and current
expectations. These statements typically contain, but are not limited to, the
terms "anticipate," "potential," "expect," "believe," "estimate" and similar
words. Forward-looking statements involve estimates, assumptions, known and
unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Actual results may differ materially due to: the
speed and nature of increased competition in the electric utility industry, in
general, and the retail sales market in particular, the impact of the
regulatory process on the pending matters before FERC and in the various
states in which we do business including, but not limited to, matters related
to rates and pending rate cases, the uncertainties of various cost recovery
and cost allocation issues resulting from ATSI's realignment into PJM,
economic or weather conditions affecting future sales and margins, regulatory
outcomes associated with Hurricane Sandy, changing energy, capacity and
commodity market prices including, but not limited to, coal, natural gas and
oil, and availability and their impact on retail margins, financial derivative
reforms that could increase our liquidity needs and collateral costs, the
continued ability of our regulated utilities to collect transition and other
costs, operation and maintenance costs being higher than anticipated, other
legislative and regulatory changes, and revised environmental requirements,
including possible GHG emission, water discharge, water intake and coal
combustion residual regulations, the potential impacts of CAIR, and any laws,
rules or regulations that ultimately replace CAIR, and the effects of the
EPA's MATS rules including our estimated costs of compliance, the uncertainty
of the timing and amounts of the capital expenditures that may arise in
connection with any litigation, including NSR litigation or potential
regulatory initiatives or rulemakings (including that such expenditures could
result in our decision to deactivate or idle certain generating units), the
uncertainties associated with the deactivation of certain older unscrubbed
regulated and competitive fossil units, including the impact on vendor
commitments, and the timing thereof as they relate to, among other things, the
RMR arrangements and the reliability of the transmission grid, adverse
regulatory or legal decisions and outcomes with respect to our nuclear
operations (including, but not limited to the revocation or non-renewal of
necessary licenses, approvals or operating permits by the NRC or as a result
of the incident at Japan's Fukushima Daiichi Nuclear Plant), adverse legal
decisions and outcomes related to ME's and PN's ability to recover certain
transmission costs through their TSC riders, the impact of future changes to
the operational status or availability of our generating units, the risks and
uncertainties associated with litigation, arbitration, mediation and like
proceedings, including, but not limited to, any such proceedings related to
vendor commitments, replacement power costs being higher than anticipated or
inadequately hedged, the ability to comply with applicable state and federal
reliability standards and energy efficiency and peak demand reduction
mandates, changes in customers' demand for power, including but not limited
to, changes resulting from the implementation of state and federal energy
efficiency and peak demand reduction mandates, the ability to accomplish or
realize anticipated benefits from strategic and financial goals including, but
not limited to, the ability to successfully complete the proposed West
Virginia asset transfer and to improve our credit metrics, our ability to
improve electric commodity margins and the impact of, among other factors, the
increased cost of fuel and fuel transportation on such margins, the ability to
experience growth in the Regulated Distribution segment and to continue to
successfully implement our direct retail sales strategy in the Competitive
Energy Services segment, changing market conditions that could affect the
measurement of liabilities and the value of assets held in our NDTs, pension
trusts and other trust funds, and cause us and our subsidiaries to make
additional contributions sooner, or in amounts that are larger than currently
anticipated, the impact of changes to material accounting policies, the
ability to access the public securities and other capital and credit markets
in accordance with our financing plans, the cost of such capital and overall
condition of the capital and credit markets affecting us and our subsidiaries,
actions that may be taken by credit rating agencies that could negatively
affect us and our subsidiaries' access to financing, increase the costs
thereof, and increase requirements to post additional collateral to support
outstanding commodity positions, LOCs and other financial guarantees, changes
in national and regional economic conditions affecting us, our subsidiaries
and our major industrial and commercial customers, and other counterparties
including fuel suppliers, with which we do business, issues concerning the
stability of domestic and foreign financial institutions and counterparties
with which we do business, the risks and other factors discussed from time to
time in our SEC filings, and other similar factors. Dividends declared from
time to time on FE's common stock during any annual period may in the
aggregate vary from the indicated amount due to circumstances considered by
FE's Board of Directors at the time of the actual declarations. A security
rating is not a recommendation to buy or hold securities and is subject to
revision or withdrawal at any time by the assigning rating agency. Each rating
should be evaluated independently of any other rating. The foregoing review of
factors should not be construed as exhaustive. New factors emerge from time to
time, and it is not possible for management to predict all such factors, nor
assess the impact of any such factor on FirstEnergy's business or the extent
to which any factor, or combination of factors, may cause results to differ
materially from those contained in any forward-looking statements. FirstEnergy
expressly disclaims any current intention to update, except as required by
law, any forward-looking statements contained herein as a result of new
information, future events or otherwise.

SOURCE FirstEnergy Corp.

Contact: News Media: Jennifer Young, +1-330-761-4362, Investor Relations:
Irene Prezelj, +1-330-384-3859
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