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.
Distribution Strategy
Allegheny Energy’s existing transmission and distribution assets are the key to our success in the newly opened telecommunications marketplace, and ACC is at the forefront of this expanding growth area.
Our 29,000-square-mile service territory already has much of the infrastructure that telecommunications providers are looking for to expand their networks. In addition, we are a major electricity transmission link between customers and generation centers to our east and west, an ideal location for this type of growth venture.
We have already launched two enterprises using our valuable assets. A partnership with Hyperion Communications, Inc., was our first major project to build and expand fiber optic capabilities in and around our service territory. This partnership is investing $12 million in a high-speed fiber optic network from State College, the home of Pennsylvania State University, to Altoona, Pa. This network is providing the area with the most advanced telecommunications services available, while creating an additional revenue stream for Allegheny Energy.
A second project will see us linking fiber optic networks across New Jersey, Ohio, Pennsylvania, West Virginia, and Virginia. When complete in the spring, communications carriers serving the region will be able to lease this network, while Allegheny Energy shareholders benefit.
They are growing their business through new, unregulated ventures, such as projects undertaken by our T&D Services Group. Electrician A Doug Baker (front, left), Substation Construction Manager John Cowan (front, right), and Electricians A Mark Sullivan (back, left) and Mike Campbell are part of our T&D Services team that designed and built a new substation for West Virginia University in Morgantown, W.Va.
In February 2010, Allegheny announced plans to merge with FirstEnergy. The merger has been approved by stockholders of both companies, the Federal Energy Regulatory Commission, and regulatory commissions in Virginia and West Virginia, Maryland, and Pennsylvania. The merger was finalized when the Pennsylvania Public Utilities Commission approved the merger on February 24, 2011; the merger closed on February 25, 2011.
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.
Distribution Strategy
Allegheny Energy’s existing transmission and distribution assets are the key to our success in the newly opened telecommunications marketplace, and ACC is at the forefront of this expanding growth area.
Our 29,000-square-mile service territory already has much of the infrastructure that telecommunications providers are looking for to expand their networks. In addition, we are a major electricity transmission link between customers and generation centers to our east and west, an ideal location for this type of growth venture.
We have already launched two enterprises using our valuable assets. A partnership with Hyperion Communications, Inc., was our first major project to build and expand fiber optic capabilities in and around our service territory. This partnership is investing $12 million in a high-speed fiber optic network from State College, the home of Pennsylvania State University, to Altoona, Pa. This network is providing the area with the most advanced telecommunications services available, while creating an additional revenue stream for Allegheny Energy.
A second project will see us linking fiber optic networks across New Jersey, Ohio, Pennsylvania, West Virginia, and Virginia. When complete in the spring, communications carriers serving the region will be able to lease this network, while Allegheny Energy shareholders benefit.
They are growing their business through new, unregulated ventures, such as projects undertaken by our T&D Services Group. Electrician A Doug Baker (front, left), Substation Construction Manager John Cowan (front, right), and Electricians A Mark Sullivan (back, left) and Mike Campbell are part of our T&D Services team that designed and built a new substation for West Virginia University in Morgantown, W.Va.
In February 2010, Allegheny announced plans to merge with FirstEnergy. The merger has been approved by stockholders of both companies, the Federal Energy Regulatory Commission, and regulatory commissions in Virginia and West Virginia, Maryland, and Pennsylvania. The merger was finalized when the Pennsylvania Public Utilities Commission approved the merger on February 24, 2011; the merger closed on February 25, 2011.
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