FirstEnergy (NYSE:FE) recently announced that it would postpone distribution of compact fluorescent light bulbs (CFLs) to customers of its Ohio utilities -- Ohio Edison, The Cleveland Electric Illuminating Company and Toledo Edison -- pending further discussions with the Public Utilities Commission of Ohio (PUCO).
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The program, scheduled to begin on October 12, 2009, was developed to comply with energy-efficiency requirements under the state's new energy law, Senate Bill 221.To help customers use energy more efficiently, we're delivering two compact fluorescent light bulbs (CFLs) to the homes of residential customers of FirstEnergy’s Ohio operating companies -- Ohio Edison Company, The Cleveland Electric Illuminating Company, and Toledo Edison Company. These types of bulbs use up to 75 percent less electricity than incandescent bulbs and can last 10 times longer -- contributing to significant money and energy savings over the life of the bulb. Providing energy-efficient light bulbs is just one way we can help our customers save money while also helping the environment. Under the law, investor-owned electric utilities must reduce electricity usage by 22.2 percent by 2025. A proposal for the CFL distribution program was submitted to the PUCO July 9, 2009, and approved by the Commission on September 23, 2009. FirstEnergy is a diversified energy company headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services. Its seven electric utility operating companies comprise the nation's fifth largest investor-owned electric system, based on 4.5 million customers served within a 36,100-square-mile area of Ohio, Pennsylvania and New Jersey; and its generation subsidiaries control more than 14,000 megawatts of capacity.
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