BNET Industries
Toledo Edison Co. is in the Energy Industry
Latest News and Analysis
Service Has Been Restored to Approximately 970,000 of the One Million Customers Affected by the Wind Storm
99 Percent Restoration Expected by Sunday Night AKRON, Ohio, Sept. 19 /PRNewswire-FirstCall/ -- Of the more than one million FirstEnergy utility customers affected by Sunday's massive wind storm, service has been restored to about 970,000 -- or 97 percent -- as of 10:00 a.m. Friday. Restoration...
FirstEnergy's Ohio Utilities File a Comprehensive Electric Security Plan
Supports Economic Development and Energy Efficiency; Limits Customer Price Increases to About 5 Percent Annually AKRON, Ohio, July 31 /PRNewswire-FirstCall/ -- Ohio Edison Company Ohio Edison, The Cleveland Electric Illuminating Company CEI and The Toledo Edison Company Toledo Edison, electric utility companies of FirstEnergy Corp. , today...
Leadership Views...Trent Smith
Toledo Business Journal recently interviewed Trent Smith, Toledo Edison regional president, about deregulation of the electric utility industry in Ohio. Here are his thoughts. Toledo Business Journal: From a customer's perspective,can you explain what deregulation of Ohio's electric utilities really means? Trent Smith: Under full deregulation of the...
FirstEnergy To Offer Green Option To Its Ohio Utility Customers
To: ENVIRONMENTAL EDITORS Contact: Ellen Raines of FirstEnergy Corp., +1-330-384-5808 AKRON, Ohio, May 29 /PRNewswire-FirstCall/ -- A green option willbe available to FirstEnergy's (NYSE: FE) Ohio utility customers undera proposed program filed today with the Public Utilities Commissionof Ohio PUCO. Customers interested in supporting renewable energycould do so through...
Fitch Upgrades FirstEnergy Corp. & Select Operating Subsidiary Debt
NEW YORK -- Fitch has upgraded the Issuer Default Rating IDR and individual issue ratings of FirstEnergy Corp. FE and its subsidiaries Jersey Central Power & Light Co. (JCP&L), Cleveland Electric Illuminating Co. CEI, and Toledo Edison Co. TE. At the same time, Fitch has affirmed the...
Fitch Rates Cleveland Electric's $300MM Senior Notes 'BB+'; Outlook Positive
NEW YORK -- Fitch rates Cleveland Electric Illuminating's CEI anticipated $300 million 5.95% senior unsecured notes due 2036 'BB+'. The Rating Outlook is Positive. Proceeds from the debt offering are expected to be used to repurchase a portion of CEI's common stock from its parent, FirstEnergy Corp....
Fitch Rates Toledo Edison's $300MM Senior Notes 'BB+'; Outlook Positive
NEW YORK -- Fitch Ratings has assigned a 'BB+' rating to Toledo Edison Company's TE $300 million 6.15% senior unsecured notes due 2037. The Rating Outlook is Positive. Proceeds from the debt offering are expected to be used to redeem all of TE's outstanding preferred stock, a...
EPA rules cause major utility changes
In March 2005 the federal EPA issued two new rulings that mandate significant reductions in air pollution and mercury pollution. These federal regulatory requirements will have significant impact on utilities in the US. The timeframe for these emission reductions will take place in two phases with the first phase occurring...
Toledo Edison invests $7.7M in Holland
Toledo Edison is beginning construction on an expansion project in Holland, Ohio. The company already operates a service center at the intersection of Angola and McCord Roads; this project will add a second freestanding building on adjacent Property, and the existing building will be renovated. Ile new building will be...
Savage & Associates Foundation Donates $30,000 to Hospice of Northwest Ohio; Second Annual Savage Foundation Golf Classic Also Raises $9,300 for Central Cities Ministries of Toledo
TOLEDO, Ohio -- The Savage & Associates Foundation, Inc., a non-profit entity created by Savage & Associates, Inc., which is one of the nation's largest full-service insurance and financial services firms, has given a $30,000 cash donation to Hospice of Northwest Ohio. The Foundation also donated $9,300...
Toledo Edison disputes union's right to strike.
The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Dec. 16--Toledo Edison Co. officials yesterday disputed the right of unionized workers to strike and said they would go to court to end any work stoppage. The statement, by company...
Auction fizzles; Toledo, Ohio, Edison rates prevail.
By Mary-Beth McLaughlin, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Dec. 10--No customer savings on electricity were generated out of a power auction this week, so customers of Toledo Edison will pay their current rates through 2008, state regulators decided...
Toledo, Ohio, electric utility to offer customers 10 percent discount.
By Jon Chavez, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Dec. 5--FirstEnergy Solutions, an unregulated subsidiary of FirstEnergy Corp., plans to offer customers in the parent company's Toledo Edison territory a three-year deal to buy electricity for 10 percent...
Toledo, Ohio, utility holds reverse auction for possibly lower electric rates.
By Mary-Beth McLaughlin, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Dec. 5--Think of it as eBay in reverse. Instead of conducting an online auction to get the highest price for an item, such bidding will be conducted this...
FirstEnergy to cut 205 jobs at 3 nuclear plants in Ohio and Pennsylvania.
By Jon Chavez, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Aug. 24--FirstEnergy Corp. is eliminating 205 salaried jobs at its three nuclear plants in Ohio and Pennsylvania, including 63 at the Davis-Besse plant, as the final step of a reorganization....
Ohio commission clears utility to hike rates if fuel costs rise.
By Jim Provance, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Aug. 6--COLUMBUS, Ohio -- FirstEnergy Corp. customers' electricity bills could rise if the utility's fuel costs climb, under a decision yesterday by the Public Utilities Commission of Ohio. ...
Ohio regulators loosen requirements for FirstEnergy to apply for rate hikes.
By Jim Provance, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Aug. 5--COLUMBUS, Ohio -- FirstEnergy Corp. customers' electricity bills could rise if the utility's fuel costs climb, under a decision yesterday by the Public Utilities Commission of Ohio. ...
FirstEnergy asked for more information about 2-year plant shutdown.
The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Jun. 29--FirstEnergy Corp., the parent of Toledo Edison, has been asked by federal regulators for additional documents and information related to the two-year shutdown of its Davis-Besse nuclear power plant near Oak Harbor....
FirstEnergy Expected to Ask Ohio Regulators for Rehearing on Power Rate Plan.
The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Jun. 17--Within days, FirstEnergy Corp. expects to ask Ohio regulators for a rehearing on an approved electricity rate plan that the utility contends could cost it money. In its first...
Ohio Regulators Order FirstEnergy to Hold Auction for Electricity Suppliers.
By Jim Provance, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News Jun. 10--COLUMBUS, Ohio -- State regulators said yesterday they will give northern Ohio consumers one last shot at lower electricity bills before they agree to a rate freeze proposed by...
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- Incorporated: 1901
Toledo Edison is a wholly-owned electric utility operating subsidiary of FirstEnergy Corp. Co. engages in the distribution and sale of electric energy in an area of approximately 2,300 square miles in northwestern Ohio. The area it serves has a population of approximately 800,000.
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Toledo Edison Co. Company Info
Board of Directors
Robert J. Farling
Chmn.
Murray R. Edelman
Vice-Chmn.
Fred J. Lange Jr.
Contact Information
c/o FirstEnergy Corp.
76 South Main Street
Akron, OH
800 736 3402
