Allegheny Energy Emerging Growth Areas

g Traditional service area
g Newly acquired service area and pending acquisition
g Deregulated markets where Allegheny is competing
g Deregulated markets which Allegheny will enter in 2000

       
           
       

Allegheny Energy, Inc. (NYSE: AYE), headquartered in Hagerstown, Md., is a strong, diversified energy company on the leading edge of change. We are excited by the challenge of deregulation and dedicated to the goals of increasing shareholder value, becoming a successful national supplier of energy and value-added energy-related services, and diversifying into other ventures related to our core business which enhance value.

The Allegheny Energy family:

  • Allegheny Energy Supply Company, LLC, operates and markets retail and wholesale electric generation in competitive markets and operates regulated generation for its affiliates.
  • Allegheny Power delivers low-cost, reliable energy to about three million people in parts of Maryland, Ohio, Pennsylvania, Virginia, and West Virginia.
  • Allegheny Ventures, Inc. actively invests in and develops telecommunications and energy-related projects.
  • Allegheny Energy Service Corporation provides shared services in support of the Allegheny Energy businesses.

Allegheny Energy was incorporated in Maryland in 1925. We are a registered utility holding company under the Public Utility Holding Company Act of 1935 that has both regulated and unregulated operations and owns 8,593 megawatts (MW) of low-cost generation. Our generation mix is 87 percent coal-fired, 0.7 percent hydroelectric, 9.8 percent pumped-storage, and 2.5 percent oil- and natural gas-fired. Allegheny Energy also has 299 MW of generation committed to us under long-term purchase agreements under the Public Utility Regulatory Policies Act of 1978.

Allegheny Energy’s regulated utilities, doing business as Allegheny Power, are Monongahela Power Company, serving customers in West Virginia and Ohio; The Potomac Edison Company, serving customers in Maryland, Virginia, and West Virginia; and West Penn Power Company, serving customers in Pennsylvania.