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Allegheny Energy

Company nameAllegheny Energy, Inc.
Company typeSubsidiary of First Energy
HeadquartersGreensburg, Pennsylvania
Key peoplePaul J. Evanson, Chairman and CEO
ProductsElectric Power
Revenue(+) US$3.43 Billion (FY 2009)
Operating income(+) US$920 Million (FY 2009)
Net income(+) US$393 Million (FY 2009)
Total assets(+) US$11.55 Billion (FY 2009)
Total equity(+) US$3.11 Billion (FY 2009)

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Allegheny Energy is an electric utility headquartered in Greensburg, Pennsylvania. It owns and operates electric generation facilities and delivers electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia. Allegheny Energy was incorporated in Maryland in 1925.

However, some of its predecessor companies have been serving their communities for over a century.

The company has three primary businesses: merchant generation, which operates power plants primarily in Pennsylvania and West Virginia; transmission expansion; and utility operations, consisting of transmission and distribution operations serving 1.6 million customers, primarily in small towns and rural areas.

Southwestern Pennsylvania, excluding the city of Pittsburgh, provides about half of regulated utility revenues.

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