First Energy Solutions

FES Bankruptcy – Exelon Saves the Day?

When First Energy Solutions (FES), a retailer serving nearly 1 million electricity customers entered bankruptcy in April, Ohio regulators were concerned.  After all, FES is the electric generation supplier of a large number of electricity municipal aggregations across Ohio.  What would happen to consumers as FES fought its way through bankruptcy proceedings?  It looks like a white knight has appeared on the horizon — Exelon Constellation.

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