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NEWS
By JULIE E. GREENE | julieg@herald-mail.com | March 21, 2013
Washington County Public Schools Superintendent Clayton Wilcox said rough estimates indicate that renovating the former Allegheny Energy headquarters would be much less expensive for taxpayers than demolishing downtown Hagerstown buildings and constructing new administrative offices and a parking deck. Wilcox said estimates for renovating the former utility building on Downsville Pike are around $6 million. Combined with the $5.5 million price in the purchase agreement the Board of Education approved on Feb. 19, that puts the estimated cost of buying and renovating the building at around $11.5 million.
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OPINION
March 9, 2013
University System could move to clear way for BOE To the editor: The downtown University System of Maryland at Hagerstown is needing more space. The Board of Education needs a new home. The University System of Maryland occupies a recently renovated building that is likely to be in a mostly move-in condition. The Allegheny Energy building, currently being considered for the BOE, could be suitable for the University System of Maryland due to its anticipated expansion.
BREAKINGNEWS
By JULIE E. GREENE | julieg@herald-mail.com | February 19, 2013
The Washington County Board of Education voted unanimously Tuesday night to enter into a purchase agreement to explore buying the former Allegheny Energy headquarters off Downsville Pike for its administrative offices. The agreement, however, does not commit the school system to buying the property, school system officials said. The agreement, which includes a $5.5 million purchase price, gives the school system a 45- to 78-day window, starting Wednesday, to check out the property and the building's systems, Schools Superintendent Clayton Wilcox said.
NEWS
December 8, 2012
A report that reviews long-term housing options for the administrative, instructional, operational services, testing and supervisory offices at Washington County Public Schools' Commonwealth Avenue complex reviews six options. They are: Option 1: Renovate and maintain the existing facility Estimated cost: $11,605,000, with additional $1,248,000 for temporary offices over four years. Report comments: Renovating the current facility will not completely solve the system's needs as it would not provide any additional space for future growth, many of the issues related to the inefficient layout would not be resolved, issues with the separation of “public” and “private” space would not be resolved, “parts of the building are in such poor condition that demolition and reconstruction with new structures will be the only viable option,” and temporary modular office buildings would be needed during the renovation.
BUSINESS
May 20, 2012
FirstEnergy Corp. AKRON, Ohio - FirstEnergy Corp. on May 1 announced first-quarter 2012 basic and diluted earnings of $0.82 per share of common stock on a non-Generally Accepted Accounting Principles, or GAAP, basis. This compares to basic and diluted non-GAAP earnings of $0.75 per share of common stock in the first quarter of 2011. On a GAAP basis, first-quarter 2012 basic and diluted earnings were $0.73 per share of common stock on net income of $306 million and revenue of $4.1 billion.
NEWS
By DON AINES | dona@herald-mail.com | March 14, 2012
As the final touches are being put on the $3 million renovation and modernization of Potomac Edison's regional headquarters on Bower Avenue, a quarter of a million customers of its FirstEnergy Corp. subsidiary will see some changes in coming weeks. When FirstEnergy merged with Allegheny Energy in 2011, one of the changes involved subsidiaries taking on names familiar to customers in different regions, which was Potomac Edison in this area. “We have a new headquarters with state-of-the-art equipment that allows us to communicate, manage and work as a team,” said James V. Fakult, Potomac Edison's president of Maryland operations, during a tour of the facility earlier this month.
NEWS
By ANDREW SCHOTZ | andrews@herald-mail.com | November 20, 2011
Potomac Edison expects to distribute more energy-saving light bulbs to its Maryland customers than it projected as part of a statewide conservation program. Each energy-conservation kit contains six compact fluorescent light bulbs - four equivalent to 60 watts and two equivalent to 100 watts. CFL bulbs use less energy and last longer. The kit also has a smart strip/surge protector, a low-flow shower head and four faucet aerators to control water flow, Potomac Edison spokesman Todd Meyers said.
NEWS
March 6, 2011
Washington County? Really? Darn! FirstEnergy’s acquisition of Allegheny Energy means a return to the past. The old name of Potomac Edison is back in Western Maryland. There again will be a regional headquarters in Washington County — at the existing Williamsport Service Center, near Halfway. Last week in Annapolis, Del. Kevin Kelly, D-Allegany, toyed with Allegheny representative Dan Tompkins as he talked to the Western Maryland delegation. About the new headquarters, Kelly asked, “Williamsport?
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 HEATHER KEELS | heather.keels@herald-mail.com | February 24, 2011
FirstEnergy and Allegheny Energy received the final regulatory approval needed for their long-awaited merger Thursday when the Pennsylvania Public Utility Commission approved the deal. "We are pleased that the Pennsylvania Commission has approved our merger," said Anthony J. Alexander, president and chief executive officer of FirstEnergy, in a joint news release issued by the companies. "We are reviewing the Commission's decision and plan to close the transaction in a timely fashion.
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