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Freelance Writer, Editor, Consultant Self-employed

I've been a business journalist since 1985 when I received an MBA from Penn State. I covered energy, technology, and venture capital for The Philadelphia Business Journal from 1998 through 2013....

  • Member since 2015
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  • Nov 6, 2020

FirstEnergy's move duplicates a move it made in 2017 when it established a subsidiary called Mid-Atlantic Interstate Transmission to own and operate transmission assets that used to belong to its Met-Ed and Penelec utility companies in Pennsylvania.

The company also is applying to federal regulators to allow it to more quickly recover the costs of upgrading the transmission assets it's moving into Keystone Appalachian Transmission Co. It's seeking to be able to implement “forward-looking formula rates” at the start of next year.

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