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February 28, 2020
Energy Harbor Corp., the company formerly known as FirstEnergy Solutions whose restructuring process was completed this week, announced today that the company has received a Baa3 rating with a Stable outlook from Moody's Investor Service.
February 27, 2020
Energy Harbor Corp., formerly known as FirstEnergy Solutions, announced today that the company has successfully completed its chapter 11 restructuring process and has emerged as an independent power producer and retail supplier no longer affiliated with FirstEnergy Corp.
February 19, 2020
Suvon, LLC d/b/a FirstEnergy Advisors and FirstEnergy Home said in a filing with the Public Utilities Commission of Ohio that its structure and name comply with applicable corporate separation rules and statutes, and that PUCO should approve its application without holding a hearing
February 17, 2020
FERC has approved certain transactions to execute a spinoff of FirstEnergy Solutions (FES), and related competitive companies, to FES's creditors, as part of FES's bankruptcy reorganization plan
February 12, 2020
A Public Utilities Commission of Ohio Attorney Examiner has suspended the automatic approval process of the electric broker/aggregator application of Suvon, LLC d/b/a FirstEnergy Advisors to allow for further review of the matter
February 11, 2020
Seek Hearing On FirstEnergy Broker License Application
The Northeast Ohio Public Energy Council and Office of the Ohio Consumers' Counsel alleged in a joint motion at the Public Utilities Commission of Ohio that the commonality of management and control among Suvon, LLC, doing business as FirstEnergy Advisors, which is seeking an Ohio electric broker…
November 25, 2019
FirstEnergy Solutions Corp. announced today that upon its successful emergence from restructuring it will change its corporate name to Energy Harbor.
November 22, 2019
FirstEnergy Solutions has reached a settlement with a certain class concerning breach of contract claims arising from charges imposed after the polar vortex, and would establish a settlement fund valued at $12 million
November 8, 2019
FirstEnergy Notes That, "Our Utility Companies Enjoy Strong Name Recognition"
FirstEnergy Corp., which will soon shed its competitive retail and wholesale generation businesses once a FirstEnergy Solutions bankruptcy proceeding is complete, has released a Strategic Plan which articulates the company's vision for the next five years.
November 4, 2019
David Leone recently joined FirstEnergy Solutions as Vice President, Mass Markets
October 15, 2019
FES, With Retail Electric Supply Business, Prepares To Be Stand-Alone Company
FirstEnergy Solutions Corp. ("FES") and FirstEnergy Nuclear Operating Company ("FENOC" and with FES, the "Company") today announced that, "the U.S. Bankruptcy Court Judge overseeing the Chapter 11 restructuring will confirm the Company's Plan of Reorganization ('the Plan'), enabling the Company to…
August 19, 2019
Retail Suppliers Say PUC Lacks Authority To Adopt Switch-Block
In a Public Utility Commission of Ohio proceeding reviewing the rules applicable to electricity billing, AEP Ohio said that it, "applauds" a proposed switch-block mechanism included in the draft rules.
August 19, 2019
Ohio utilities generally opposed a proposed prohibition on the utility billing of non-commodity services as contained in newly proposed rules from Staff of the Public Utilities Commission of Ohio, with EDCs and retail suppliers also noting ambiguity in the proposal
July 30, 2019
FirstEnergy Solutions Corp. ("FES" or "Company") has named the members of its Board of Directors (the "Board") for the reorganized company ("New Holdco") and their roles will become effective once the Debtors' successfully emerge from the Chapter 11 process.
June 19, 2019
In written testimony submitted to an Ohio Senate committee on HB 6, the nuclear subsidy bill, Teresa Ringenbach, Sr. Manager of Midwest Government & Regulatory Affairs for Direct Energy, said that, "As written House Bill 6 is a direct attack on retail energy competition in Ohio."
April 19, 2019
FES Says Revision Provides Path For Company To Successfully Conclude Chapter 11 In 2019
FirstEnergy Solutions Corp. ("FES" or the "Company") today announced that the Company has entered into an agreement with FirstEnergy Corp. ("FE") that eliminates the non-consensual third-party releases from the Company's proposed plan of reorganization that the U.S. Bankruptcy Court addressed in its…
April 15, 2019
The Pennsylvania PUC denied a request from FirstEnergy Solutions Corp. (FES), filed on March 18, for a reduction in FES's electric generation supplier financial security level from 10% to 5% of its most recent four quarters of revenue.
April 5, 2019
FES To File Revised Disclosure Statement
A federal bankruptcy judge said from the bench yesterday that a disclosure statement that is part of the bankruptcy plan of FirstEnergy Solutions Corp. (FES) is, "patently unconfirmable," as the judge hit provisions in such statement which would release FirstEnergy Corp. from environmental…
March 25, 2019
Revenue Source Group, Inc. applied for Ohio electric and natural gas broker/aggregator licenses to serve all sizes of non-residential customers in all service areas. Revenue Source Group offers bill auditing and related services for electricity, natural gas, and other utilities
March 21, 2019
FirstEnergy Solutions Corp. has requested that the Public Utilities Commission of Ohio grant an additional 180-day extension of its retail electric supplier certificate through October 28, 2019.
February 28, 2019
FirstEnergy Solutions Corp. ("FES") and FirstEnergy Nuclear Operating Company ("FENOC") announced that the Board of Directors approved the appointment of a new senior management team to lead the company through the conclusion of its restructuring process.
February 15, 2019
Aggressive Energy Receives License In New State
January 23, 2019
Will Terminate Agreement To Sell Retail Business To Constellation
FirstEnergy Solutions Corp. ("FES" or the "Company") today announced that the Company, the official committee of unsecured creditors (the "Committee"), two creditor groups representing a majority in aggregate amount of the Debtors' funded indebtedness and sale-leaseback certificates (the "Ad Hoc…
January 16, 2019
A Public Utilities Commission of Ohio attorney examiner has stayed a proceeding in which the Retail Energy Supply Association had filed a complaint against the FirstEnergy Ohio utilities, as RESA alleged that the billing of various nonelectric services offered on the "Smartmart By FirstEnergy"…
January 2, 2019
Interstate Gas Supply, the Northeast Ohio Public Energy Council, and the Ohio Consumers Counsel have filed separate comments supporting the recommendation from a consultant, which, as part of an audit of the FirstEnergy Ohio Operating companies' compliance with the corporate separation rules, has…
