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Company: FirstEnergy Corp.
Current Parent Company:
FirstEnergy
Parent at the Time of the Penalty Announcement:
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Penalty: $3,860,000
Year: 2022
Date: December 30, 2022
Offense Group: competition-related offenses
Primary Offense: energy market violation
Violation Description: Enforcement staff concluded that FirstEnergy had omitted material information in violation of the Commission's Duty of Candor rule, 18 C.F.R. section 35.41(b), and the audit provisions of the Public Utility Holding Company Act of 2005, Section 301 of the Federal Power Act, and the related provisions of Commission regulations at 18 C.F.R. section 366.2.
Level of Government: federal
Action Type: agency action
Agency: Federal Energy Regulatory Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.