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FirstEnergy Solutions (FES) is an energy supplier in Ohio focused on competitive wholesale generation sales. It has recently undergone an audit with the Public Utilities Commission of Ohio (PUCO). The report covers various issues with the Federal Energy Regulatory Commission and PUCO’s Corporate Separation Rules.

FirstEnergy Operating Companies along with PUCO has stated that a prior assignment with FES to FirstEnergy Service Company (Service Company) was “highly inappropriate”.

The Service Company’s Retail Sales and Marketing group formerly reported to FES’s President however, back in 2016, the Service Company’s reporting relationship was transferred when it was assigned to FirstEnergy Products (FEP). FEP does not sell CRES but provides products and services such as smart thermostats and electrician referrals.

Sales and costs of the competitive retail electric service (CRES) sales in Ohio are recorded by FEW but the sales and support for the function is provided by the Service Company. “The report states that, ‘The assignment of FES CRES retail sales and service responsibility to the Service Company and the designation of FES CRES sales and service leaders as Shared Services Employees is highly inappropriate.’ “

Successful CRES sales for FES is thought to be related to its FirstEnergy name due to customers belief that the name connotes that it is a part of FirstEnergy just as several others are a part of FirstEnergy. It causes them to give greater consideration to FES when choosing a CRES. The report recommends that FES remove “FirstEnergy” from it’s name.

” ‘FES is a legal entity with a clear distinction as a non-regulated competitive enterprise. The Service Company is intended to provide shared and common services to all FirstEnergy subsidiaries such as information technology, accounting, security, and the like. It is not intended to provide unregulated, competitive sales and service,’ the report said.’ ”

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Realgy owns and operates 6 solar plants in Illinois and is looking to invest in additional locations.

Additional Information:
http://www.energychoicematters.com/stories/20180515b.html