Providing a one-time $29 credit to Maryland residential customers of Allegheny's Potomac Edison.Potomac Edison serves about 250,000 customers in Maryland. Allegheny is based in Greenberg, Pa., while FirstEnergy is based in Ohio. (Baltimore Sun, 1/19/2010)
Ensuring there are no job losses in Maryland's utility operations related to the merger for at least two years and
Establishing a regional headquarters in Potomac Edison's Maryland service territory.
The Center, founded in 1985, is an environmental organization dedicated to protecting the environment, enhancing human, animal and plant ecologies, promoting the efficient use of natural resources and expanding participation in the environmental movement.
Wednesday, January 19, 2011
Maryland Regulators Approve Allegheny Energy Merger
Maryland energy regulators have approved the sale of Allegheny Energy, which serves Western Maryland, to FirstEnergy, but placed 20 conditions on the $4.7 billion stock deal that would create one of the biggest power companies in the country. According to the order issued late Tuesday from the Maryland Public Service Commission, the conditions include:
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