FirstEnergy Solutions Wins NOAC Contract To Supply Electricity to Nine Northwest...

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Mon Jun 1, 2009 1:55pm EDT

FirstEnergy Solutions Wins NOAC Contract To Supply Electricity to Nine
Northwest Ohio Communities

AKRON, Ohio, June 1 /PRNewswire-FirstCall/ -- FirstEnergy Solutions (FES) has
won a contract to provide discounted electric generation service to the
Northwest Ohio Aggregation Coalition (NOAC), a government aggregation group
that represents nine communities and approximately 200,000 residential and
small business customers.  FES is the competitive affiliate of FirstEnergy
Corp. (NYSE: FE).

The new NOAC agreement, which goes through May 2011, offers an attractive
fixed generation and transmission price for most residential customers and,
for small commercial customers, a 4-percent discount off the generation and
transmission portions of their bills.  NOAC member communities include the
cities of Maumee, Northwood, Oregon, Perrysburg, Sylvania and Toledo, the
village of Holland, the unincorporated townships of Lucas County and Lake and
Perrysburg townships in Wood County.  NOAC member communities must still
approve individual contracts.

"We are pleased to work with the NOAC member communities to offer discounts on
generation service for their residents and businesses," said Arthur Yuan, vice
president of Sales and Marketing for FES.  "We continue to pursue similar
agreements with other communities and aggregation groups."

With the NOAC agreement, FES will serve approximately 600,000 residential and
commercial customers in nearly 50 government aggregation communities and
groups in Ohio.

FES provides competitive electric generation supply and other energy-related
products and services, and is a licensed supplier in Ohio, Pennsylvania, New
Jersey, Maryland, Michigan and Illinois.  To learn more about FES'
governmental aggregation programs, community officials can call the Government
Aggregation Program Manager Brenda Fargo at (330) 315-6898 or visit
www.firstenergysolutions.com.

FirstEnergy is a diversified energy company headquartered in Akron, Ohio.  Its
subsidiaries and affiliates are involved in the generation, transmission and
distribution of electricity, as well as energy management and other
energy-related services.  Its generating affiliates own or control more than
14,000 megawatts of generating capacity. 

Forward-Looking Statements:  This news release includes forward-looking
statements based on information currently available to management. Such
statements are subject to certain risks and uncertainties. These statements
include declarations regarding our management's intents, beliefs and current
expectations. These statements typically contain, but are not limited to, the
terms "anticipate," "potential," "expect," "believe," "estimate" and similar
words. Forward-looking statements involve estimates, assumptions, known and
unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Actual results may differ materially due to the
speed and nature of increased competition in the electric utility industry and
legislative and regulatory changes affecting how generation rates will be
determined following the expiration of existing rate plans in Pennsylvania,
the impact of the PUCO's regulatory process on the Ohio Companies associated
with the distribution rate case, the impact of the competitive generation
procurement process in Ohio, economic or weather conditions affecting future
sales and margins, changes in markets for energy services, changing energy and
commodity market prices and availability, replacement power costs being higher
than anticipated or inadequately hedged, the continued ability of
FirstEnergy's regulated utilities to collect transition and other charges or
to recover increased transmission costs, maintenance costs being higher than
anticipated, other legislative and regulatory changes, revised environmental
requirements, including possible greenhouse gas emission regulations, the
potential impacts of the U.S. Court of Appeals' July 11, 2008 decision
requiring revisions to the CAIR rules and the scope of any laws, rules or
regulations that may ultimately take their place, the uncertainty of the
timing and amounts of the capital expenditures needed to, among other things,
implement the AQC Plan (including that such amounts could be higher than
anticipated or that certain generating units may need to be shut down) or
levels of emission reductions related to the Consent Decree resolving the NSR
litigation or other potential regulatory initiatives, adverse regulatory or
legal decisions and outcomes (including, but not limited to, the revocation of
necessary licenses or operating permits and oversight) by the NRC (including,
but not limited to, the Demand for Information issued to FENOC on May 14,
2007), Met-Ed's and Penelec's transmission service charge filings with the
PPUC, the continuing availability of generating units and their ability to
operate at or near full capacity, the ability to comply with applicable state
and federal reliability standards, the ability to accomplish or realize
anticipated benefits from strategic goals (including employee workforce
initiatives), the ability to improve electric commodity margins and to
experience growth in the distribution business, the changing market conditions
that could affect the value of assets held in FirstEnergy's nuclear
decommissioning trusts, pension trusts and other trust funds, and cause it to
make additional contributions sooner, or in an amount that is larger than
currently anticipated, the ability to access the public securities and other
capital and credit markets in accordance with FirstEnergy's financing plan and
the cost of such capital, changes in general economic conditions affecting the
company, the state of the capital and credit markets affecting the company,
interest rates and any actions taken by credit rating agencies that could
negatively affect FirstEnergy's access to financing or its costs and increase
its requirements to post additional collateral to support outstanding
commodity positions, letters of credit and other financial guarantees, the
continuing decline of the national and regional economy and its impact on
FirstEnergy's major industrial and commercial customers, issues concerning the
soundness of financial institutions and counterparties with which FirstEnergy
does business, and the risks and other factors discussed from time to time in
its SEC filings, and other similar factors. The foregoing review of factors
should not be construed as exhaustive. New factors emerge from time to time,
and it is not possible for management to predict all such factors, nor assess
the impact of any such factor on its business or the extent to which any
factor, or combination of factors, may cause results to differ materially from
those contained in any forward-looking statements. FirstEnergy expressly
disclaims any current intention to update any forward-looking statements
contained herein as a result of new information, future events, or otherwise.


SOURCE  FirstEnergy Corp.

Chris Eck of FirstEnergy, +1-330-384-7939
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