March 24, 2018 9:44 PM ET

Electric Utilities

Company Overview of Pennsylvania Electric Company

Company Overview

Pennsylvania Electric Company operates as an electric transmission and distribution system in Pennsylvania and New York. It engages in the retail sale and distribution of electric energy to residential, commercial, and industrial customers. The company was founded in 1919 and is based in Akron, Ohio. Pennsylvania Electric Company is a subsidiary of FirstEnergy Corp.

76 South Main Street

Akron, OH 44308

United States

Founded in 1919



Key Executives for Pennsylvania Electric Company

Senior VP & President
Age: 49
Senior VP & CFO
Age: 53
President of Pennsylvania Operations
Age: 55
Regional President
Chief Legal Officer and Executive Vice President of Markets
Age: 57
Compensation as of Fiscal Year 2017.

Pennsylvania Electric Company Key Developments

Auction Process For Pennsylvania Utilities To Start

FirstEnergy Corp. (NYSE:FE)'s Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company and West Penn Power Company are up for sale. CRA International said on April 19, 2016 the auction process for First Energy's Pennsylvania utilities will start. CRA International said there will be an information session for bidders on April 27 and the process will lead up to the auction on June 27.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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