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HomeJuly 28, 2017

FirstEnergy Solutions Sheds 70,000 Customers

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Copyright 2017 EnergyChoiceMatters.com.

Consistent with its previously reported strategy to reduce competitive retail sales, FirstEnergy reported that FirstEnergy Solutions saw a net decline of 70,000 retail customers from March 31, 2017 to June 30, 2017, the company said in reporting earnings today

As of June 30, 2017, the total number of retail customers served by FirstEnergy's competitive segment was approximately 850,000, versus 920,000 as of March 31, 2017. FirstEnergy's competitive segment has seen a decline of approximately 660,000 retail customers since June 30, 2016 (from ~1.5 million)

FirstEnergy's competitive segment retail sales by channel in GWh were as follows for the three months ended June 30, 2017, versus the year ago

Three Months Ended June 30  
                2017     2016
Direct         3,919    3,684
Aggregation    1,617    2,991
Mass Market      404      536

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FirstEnergy Solutions Sheds 70,000 Customers | EnergyChoiceMatters.com