NEWS
February 25, 2011
FirstEnergy Corp. announced Friday that its merger with Allegheny Energy Inc. has closed, effective Friday, marking the beginning of combined operations. It also plans to reintroduce the utility operating names - Potomac Edison, Mon Power and West Penn Power - to Allegheny Power customers, according to a news release. The company also announced that it will locate regional headquarters for Maryland utility operations at Allegheny Power's existing central distribution center in Washington County.
NEWS
By JULIE E. GREENE | julieg@herald-mail.com | January 22, 2011
The impending merger of Allegheny Energy and FirstEnergy could lead to more charitable donations for the local community as well as modest rate credits or reductions for Allegheny's customers and more backup for repairs after major outages, officials with the two utility companies said. On Tuesday, the Maryland Public Service Commission approved the merger with 20 conditions, most of which were consistent with a previous settlement agreement. That started the clock on the 30-day period the merging companies have to respond to the commission's order and left one more regulatory hurdle to clear — approval by the Pennsylvania Public Utility Commission.
NEWS
January 22, 2011
In approving the Allegheny Energy/FirstEnergy merger, the Maryland Public Service Commission called on the utilities to "meet certain conditions that track (and, in certain instances, build upon) commitments the applicants offered to make in the course of this case. " "These conditions will ensure that Potomac Edison's ratepayers share in the synergies and savings expected to result from the transaction, that Potomac Edison is protected appropriately against the potential new risks of being part of this new, bigger company, and that our state share in the economic development and renewable energy opportunities the applicants have promised," the PSC said in its order dated Jan. 18. The PSC, in the document, said "because our conditions differ in some respects from those contained in the Joint Petition for Approval of Settlement," the applicants must decide whether to proceed on these terms.
OPINION
March 31, 2013
Visiting the mound in a bases-loaded, no-out situation, the late Baltimore Orioles Manager Earl Weaver - fresh out of good advice - once told his beleaguered pitcher, “If you know how to cheat, this would be the time.” In a similar vein, if the City of Hagerstown has an ace up its sleeve to lure the Washington County Board of Education downtown, Tuesday will have to be the day it's unveiled. This week, board members indicated they are leaning strongly not to downtown, but to the former Allegheny Energy headquarters on Downsville Pike as the site for their new central offices.
NEWS
by ANDREW SCHOTZ | April 22, 2004
HAGERSTOWN - The days of Allegheny Energy as a Washington County-based company are coming to an end. The energy supplier's headquarters will move from Downsville Pike southwest of Hagerstown to Greensburg, Pa., company employees learned Wednesday. The move to Greensburg is expected to be completed by Sept. 1, said Michelle Morris, Allegheny Energy's vice president of corporate communications. The company has more than five times as many employees in and around Greensburg as in Maryland, Morris said.
NEWS
April 29, 2013
Vinayaka Missions, which recently sold approximately 44 acres to Washington County Public Schools, has paid its overdue property taxes, County Treasurer Todd Hershey said Monday. The former owners of 10435 Downsville Pike, the site of the former Allegheny Energy headquarters, paid the $56,076.54 in overdue taxes and interest on April 24, Hershey said. Vinayaka Missions sold the land to the school system a week ago for $5.5 million. The school system plans to renovate the building on Downsville Pike so it can move its administrative offices, now off Commonwealth Avenue, to the Downsville Pike property.
NEWS
by DANIEL J. SERNOVITZ | May 21, 2005
daniels@herald-mail.com HAGERSTOWN - Unable to implement its vision for a high-end business park at the site, Allegheny Energy on Friday announced the sale of Friendship Technology Park and its former Hagerstown corporate headquarters to a private development company with ties to A.C. & T. Co. for an undisclosed sum. Representatives from Oak Ridge XVII LLC, could not be reached for comment Friday, but officials from Allegheny and...
NEWS
August 8, 2003
Allegheny Energy Inc. announced Thursday that Paul E. Slobodian, the former president of Pivot Consulting, LLC, has been named vice president of Human Resources and Administration of Allegheny Energy, effective immediately. He succeeds Richard J. Gagliardi who retired earlier this month. "We are pleased that Paul is joining the Allegheny senior management team. He brings to our company extensive experience in all aspects of human resources management and organizational development, as well as a strong history of linking performance to business results," said Paul J. Evanson, Allegheny Energy's chairman, president, and chief executive officer.