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Regulatory Compliance and Regulated Services

Compliance and Regulated Services Team


23%
increase in report filings from 2017

FirstEnergy is committed to fully complying with all applicable laws, regulations and policies. The Compliance and Regulated Services team (CRS) plays an important role in helping FirstEnergy meet its commitment to reliability, security and corporate responsibility. We do this by promoting compliance with the applicable Federal Energy Regulatory Commission (FERC) and state regulations, including the North American Electric Reliability Corporation (NERC) Reliability Standards, all federal and state regulatory reporting requirements, and state renewable portfolio standards.

The CRS team ensures FirstEnergy maintains compliance with the NERC Reliability Standards by providing independent oversight of all business units, including the implementation of processes and procedures that comply with these standards. Our compliance program includes meeting annual training requirements and maintaining employee FERC classification programs to protect sensitive information and facilitate independent functioning of regulated and competitive affiliates. We continually self-assess our compliance with these programs, and we participate in the periodic assessments conducted by FERC and NERC. Potential violations to regulatory standards are promptly investigated and reported accordingly. In 2018, we filed more than 300 reports to comprehensively respond to state regulatory questions about customer service and reliability, which represents a 23% increase in our report filings from 2017.

Renewable Portfolio Standards

Our utility companies in Ohio, Pennsylvania, New Jersey and Maryland continue to maintain compliance with state renewable portfolio standards. Each state’s standards require electric suppliers to produce a certain percentage of their electricity from renewable energy sources such as wind, solar and biomass, among others. Total renewable requirements range from 6% to 18% and are scheduled to increase over time, some reaching 50% by 2030.

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