FirstEnergy Solutions Could Save Duquesne Customers More Than $4 Million on Electricity Costs
AKRON, Ohio, Jan. 17, 2011 /PRNewswire/ -- – FirstEnergy Solutions, a subsidiary of FirstEnergy Corp. (NYSE: FE), is now offering Duquesne Light's residential electric customers a fixed price of 7.19 cents per kilowatt-hour (kWh) on electric generation through December 2012.
This is a 15 percent savings over Duquesne's current average generation rate of 8.87 cents per kWh. Over the two-year term of the contract, a residential customer (using approximately 9,000 kWh a year) could save up to $275.
"FirstEnergy Solutions is offering the lowest price on electric generation* in Duquesne's service area," said Tony Banks, vice president of Product & Market Development for FirstEnergy Solutions. "However, it's important for residents to act now since this price is limited to the first 15,000 customers who respond by February 28, 2011."
FirstEnergy Solutions currently serves over one million residential and small business customers throughout Pennsylvania and Ohio. Residents who choose FirstEnergy Solutions as their electric generation supplier will continue to receive one bill and the same level of service from their electric utility company. The utility will continue to deliver the electricity, maintain the poles and wires, and respond to power outages.
Residential customers interested in learning more about the FirstEnergy Solutions offer should contact the company at 1-866-430-4409 or online at www.fessave.com/lowprice. All that is needed is a recent electric bill. Discounts and savings for small commercial and industrial businesses are also available by visiting www.fes.com.
FirstEnergy Solutions provides competitive electric generation supply and other energy-related products and services, and is a licensed supplier in Ohio, Pennsylvania, New Jersey, Maryland, Michigan and Illinois.
FirstEnergy is a diversified energy company headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services. Its seven electric utility operating companies comprise the nation's fifth largest investor-owned electric system based on serving 4.5 million customers in Ohio, Pennsylvania and New Jersey; and its generation subsidiaries control approximately 13,500 megawatts of capacity.
*Lowest price on electric generation in this utility's service area as of January 17, 2011.
SOURCE FirstEnergy Corp.
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