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Summary: West Penn Power Co. Sep 11

  • ID: 2083607
  • September 2011
  • Standard & Poors

FEATURED COMPANIES

  • Allegheny Energy Inc.
  • FirstEnergy Corp.
  • Metropolitan Edison Co.
  • Monongahela Power Co.
  • Ohio Edison Co.
  • Pennsylvania Electric Co.
  • MORE

Abstract
Standard & Poor's Ratings Services bases the corporate credit rating on West Penn Power Co. (WPP) on a consolidated analysis of parent FirstEnergy Corp., a merchant energy and electricity utility holding company. WPP operates an electricity transmission and distribution (T&D) utility in southwestern, south-central, and northern Pennsylvania. We also base the ratings on the parent company's transformation from an integrated electric utility holding company to a business model that encompasses regulated electricity T&D operations and unregulated merchant electricity generation and marketing activities in equal measure. While we no longer consider the company fully integrated, we regard the two segments as equally important to the company. The utilities and the generating plants that were formerly rate-based assets retain a strategic connection....

Companies mentioned in this report are:
- West Penn Power Co.
- Allegheny Energy Inc.
- Cleveland Electric Illuminating Co.
- Jersey Central Power & Light Co.
- Metropolitan Edison Co.
- Monongahela Power Co.
- Ohio Edison Co.
- Pennsylvania Electric Co.
- Pennsylvania Power Co.
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Note: Product cover images may vary from those shown

- West Penn Power Co.
- Allegheny Energy Inc.
- Cleveland Electric Illuminating Co.
- Jersey Central Power & Light Co.
- Metropolitan Edison Co.
- Monongahela Power Co.
- Ohio Edison Co.
- Pennsylvania Electric Co.
- Pennsylvania Power Co.
- Potomac Edison Co.
- Toledo Edison Co.
- FirstEnergy Corp.
- FirstEnergy Solutions Corp.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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