• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Pennsylvania Electric Co. Mar 10 Product Image

Pennsylvania Electric Co. Mar 10

  • Published: March 2010
  • Standard & Poors

FEATURED COMPANIES

  • BVPS II Funding Corp.
  • FirstEnergy Corp.
  • JC P&L Capital L.P.
  • Met-Ed Capital L.P.
  • Metropolitan Edison Co.
  • Ohio Edison Co.
  • MORE

Abstract
Parent's fleet of low-cost, baseload power generation plants in Ohio and Pennsylvania; Relatively low-risk transmission and distribution (T&D) operations; Generally constructive regulatory relationships; Good cash flow generation and liquidity; and Stable financial profile. Parent's commitment to credit quality is uncertain; Parent's business strategy that increasingly exposes financial results to greater market risk; Parent's nuclear fleet's uneven historical operating performance; and Future environmental expenditures at parent are not assured recovery. The ratings on Pennsylvania Electric Co. (Penelec) are based on the consolidated credit profile of its parent, FirstEnergy Corp., a utility holding company. Penelec is an electric distribution utility wholly owned by FirstEnergy and fully regulated by the Pennsylvania Public Utility Commission. It provides electric distribution service to all customers in...

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research READ MORE >

- Pennsylvania Electric Co.
- Toledo Edison Co.
- CTC Beaver Valley Funding Corp.
- CTC Mansfield Funding Corp.
- PNPP II Funding Corp.
- Beaver Valley II Funding Corp.
- BVPS II Funding Corp.
- Penelec Capital
- Met-Ed Capital L.P.
- JC P&L Capital L.P.
- Ohio Edison Financing Trust
- Ohio Edison Financing Trust II
- FirstEnergy Corp.
- FirstEnergy Solutions Corp.
- American Transmission Systems Inc.
- Cleveland Electric Illuminating Co.
- Jersey Central Power & Light Co.
- Metropolitan Edison Co.
- Ohio Edison Co.
- Pennsylvania Power Co.

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS