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SOURCE FirstEnergy Corp.
Offer provides up-front savings and long-term price certainty
AKRON, Ohio, Jan. 9, 2014 /PRNewswire/ -- Residents served by Met-Ed now have the opportunity to save money on their electric bills and secure a low generation price for six years by signing up with the FirstEnergy Solutions PriceControl offer. By enrolling now, residents can lock in a fixed price of 7.91 cents per kilowatt-hour (kWh) on electric generation through 2019, which is a savings over Met-Ed's current average residential rate of 8.18 cents per kWh.
"Our PriceControl offer is a great opportunity for residents interested in price stability to take advantage of today's historically low prices in the energy market," said Trent Smith, vice president of Sales & Marketing for FirstEnergy Solutions. "They'll save money now and lock in a low price that won't change for six years. A four-year plan is also available at 7.81 cents per kWh."
Residents can enroll online at www.fes.com/meted or by calling 1-877-220-4241.
FirstEnergy Solutions, a subsidiary of FirstEnergy Corp. (NYSE: FE), is one of the nation's largest providers of competitive electric generation supply, serving 2.5 million customers in Ohio, Pennsylvania, New Jersey, Maryland, Michigan and Illinois.
FirstEnergy is a diversified energy company dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. Its generation subsidiaries control more than 18,000 megawatts of capacity from a diversified mix of scrubbed coal, non-emitting nuclear, natural gas, hydro, pumped-storage hydro and other renewables. Follow FirstEnergy on Twitter @FirstEnergyCorp.
FirstEnergy Solutions is an unregulated subsidiary of FirstEnergy Corp. and is not regulated by the Pennsylvania Public Utility Commission. A customer is not required to buy electricity or other products or services from FirstEnergy Solutions in order to receive the same quality service from their local electric utility.
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