The Illuminating Company and Ohio Edison Named 2024 Business Customer Champions by Escalent
Rhea-AI Summary
FirstEnergy Corp. (NYSE: FE) subsidiaries The Illuminating Company and Ohio Edison have been recognized as 2024 Business Customer Champions by Escalent, a leading data analytics firm. This recognition comes from Escalent's Utility Trusted Brand & Customer Engagement study, which evaluated 78 utilities nationwide based on business customer engagement metrics.
The companies were among 24 utilities honored for their exceptional performance in areas including customer service, energy-saving programs, emergency preparedness, safety commitment, and billing clarity. The study particularly noted strong performance in serving small businesses with under $500,000 in annual revenue.
The Illuminating Company serves approximately 755,000 customers across five Ohio counties, while Ohio Edison serves over one million customers across 34 Ohio counties. Both companies offer business customers various tools and resources, including the Business Energy Analyzer, to help manage their electric accounts efficiently.
Positive
- Recognition as 2024 Business Customer Champions among 78 evaluated utilities
- Strong performance in serving small business segment
- Large customer base: 1 million+ customers (Ohio Edison) and 755,000 customers (Illuminating Company)
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, FE declined 1.69%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The recognition highlights the companies' commitment to supporting businesses across the region
Escalent's Utility Trusted Brand & Customer Engagement study for business customers scores energy utility providers based on a 360-degree review of how they engage with businesses. The study evaluates 78 electric, gas and combination utilities throughout
Torrence Hinton, FirstEnergy Ohio President: "We know that powering businesses is crucial to supporting the communities where we live and work. We are deeply honored to be a trusted partner to the business community and remain focused on providing safe, reliable power while innovating solutions that help them succeed."
The report highlights the companies' standout performance in key areas, including:
- Great customer service
- Tools and programs to help customers save energy
- Helping customers prepare for emergency situations
- Dedication to the safety of employees and the community
- Easy to understand and manageable monthly bills
- Communication through preferred methods
- Ease of doing business
Escalent's study also indicated that the 2024 Business Customer Champions demonstrated particularly strong performance among small businesses with less than
Michelle Henry, FirstEnergy Senior Vice President of Customer Experience: "We continuously work to be a trusted energy partner to our customers. We are committed to understanding the unique needs of businesses and providing them with the tools and resources they need. Strengthening these partnerships is central to how we help businesses thrive in the communities we serve."
Business customers of The Illuminating Company and Ohio Edison can access tools and resources to manage their electric account, including the Business Energy Analyzer to help maximize energy use, at illuminatingco.com and ohioedison.com.
Ohio
The Illuminating Company serves approximately 755,000 customers across
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in
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SOURCE FirstEnergy Corp.