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FirstEnergy Corp.
                                                             Consolidated Income Segments
                                                                                 (In millions)


                                                                                               Three Months Ended December 31, 2007

                                                                                                      Ohio
                                                            Energy           Competitive           Transitional
                                                                               Energy                                                      Reconciling
                                                           Delivery                                Generation
                                                                             Services (b)                                                  Adjustments
                                                          Services (a)                             Services (c)          Other (d)                           Consolidated
         Revenues
  (1)     Electric sales                                 $        1,921      $          343       $         617      $            -        $          -      $      2,881
  (2)     FE Facilities                                               -                   -                   -                   -                   -                 -
  (3)     Other                                                     150                  36                  11                  10                  (9)              198
  (4)     Internal revenues                                           -                 691                   -                   -                (691)                -
  (5)    Total Revenues                                           2,071               1,070                 628                  10                (700)            3,079

         Expenses
  (6)     Fuel                                                        1                 290                   -                       -               -              291
  (7)     Purchased power                                           899                 186                 528                       -            (691)             922
  (8)     Other operating expenses                                  445                 321                  87                      5              (27)             831
  (9)     FE Facilities                                                -                   -                   -                      -                -                -
  (10)    Provision for depreciation                                103                  51                    -                     1                6              161
  (11)    Amortization of regulatory assets                         226                    -                  8                       -                -             234
  (12)    Deferral of new regulatory assets                         (72)                   -                (53)                      -                -             (125)
  (13)    General taxes                                             137                  26                   1                       -               1              165
  (14)                                                            1,739                 874                 571                      6             (711)            2,479
         Total Expenses
  (15)                                                              332                 196                  57                      4               11              600
         Operating Income
         Other Income (Expense)
  (16)    Investment income                                          50                   3                    -                      -             (26)               27
  (17)    Interest expense                                         (109)                (28)                   -                     (1)            (44)             (182)
  (18)    Capitalized interest                                        4                   7                    -                      -               -                11
  (19)    Subsidiaries' preferred stock dividends                     -                   -                    -                      -               -                 -
  (20)                                                              (55)                (18)                   -                     (1)            (70)             (144)
         Total Other Expense
  (21)   Income From Continuing Operations
                                                                    277                 178                  57                      3              (59)             456
           Before Income Taxes
  (22)     Income taxes                                             110                  71                  23                      4              (20)             188

  (23)                                                              167                 107                  34                      (1)            (39)             268
         Income From Continuing Operations
  (24)     Discontinued operations                                    -                   -                   -                       -               -                -
  (25)   Net Income                                      $          167      $          107       $          34      $               (1)   $        (39)     $       268

 (a) Consists of regulated transmission and distribution operations, including transition cost recovery, and provider of last resort generation service for
      FirstEnergy's Pennsylvania and New Jersey electric utility subsidiaries.
 (b) Consists of unregulated generation and commodity operations, including competitive electric sales, and generation sales to affiliated electric utilities.
 (c) Represents provider of last resort generation service by FirstEnergy's Ohio electric utility subsidiaries.
 (d) Primarily consists of telecommunications services.




______________________________________________________________________________________________________
Consolidated Report to the Financial Community – 4th Quarter Segment Report 2007     1
FirstEnergy Corp.
                                                            Consolidated Income Segments
                                                                              (In millions)


                                                                                            Three Months Ended December 31, 2006

                                                                                                   Ohio
                                                         Energy            Competitive          Transitional
                                                                             Energy                                                     Reconciling
                                                        Delivery                                Generation
                                                                           Services (b)                                                 Adjustments
                                                       Services (a)                             Services (c)          Other (d)                           Consolidated
        Revenues
  (1)    Electric sales                               $        1,605      $          311       $         576      $               -     $          -      $      2,492
  (2)    FE Facilities                                             -                   -                   -                      -                -                 -
  (3)    Other                                                   142                  41                   6                      3               (4)              188
  (4)    Internal revenues                                         -                 612                   -                      -             (612)                -
  (5)   Total Revenues                                         1,747                 964                 582                      3             (616)            2,680

      Expenses
  (6)  Fuel                                                        1                 282                   -                       -               -               283
  (7)  Purchased power                                           671                 114                 492                       -            (613)              664
  (8)  Other operating expenses                                  388                 300                  62                      (6)             (9)              735
  (9)  FE Facilities                                               -                   -                   -                       -               -                 -
 (10) Provision for depreciation                                  97                  47                   -                       1               6               151
 (11) Amortization of regulatory assets                          192                   -                   5                       -               -               197
 (12) Deferral of new regulatory assets                         (100)                  -                 (21)                      -               -              (121)
 (13) General taxes                                              140                  20                   3                      (3)              7               167
 (14) Total Expenses                                           1,389                 763                 541                      (8)           (609)            2,076
 (15) Operating Income                                           358                 201                   41                  11                  (7)            604
        Other Income (Expense)
 (16)    Investment income                                        84                    -                   -                      -              (55)              29
 (17)    Interest expense                                       (121)                 (52)                  -                     (1)             (19)            (193)
 (18)    Capitalized interest                                      3                    3                   -                      -               (1)               5
 (19)    Subsidiaries' preferred stock dividends                  (7)                   -                   -                      -                6               (1)
 (20)                                                            (41)                 (49)                  -                     (1)             (69)            (160)
        Total Other Expense
 (21) Income From Continuing Operations
                                                                 317                 152                   41                  10                 (76)            444
        Before Income Taxes
 (22) Income taxes                                               127                  61                   17                  (4)                (31)            170
 (23) Income From Continuing Operations                          190                   91                  24                  14                 (45)            274
 (24) Discontinued operations                                      -                    -                   -                   -                   -               -
 (25) Net Income                                      $          190      $            91      $           24     $            14       $         (45)    $       274

 (a) Consists of regulated transmission and distribution operations, including transition cost recovery, and provider of last resort generation service for
      FirstEnergy's Pennsylvania and New Jersey electric utility subsidiaries.
 (b) Consists of unregulated generation and commodity operations, including competitive electric sales, and generation sales to affiliated electric utilities.
 (c) Represents provider of last resort generation service by FirstEnergy's Ohio electric utility subsidiaries.
 (d) Consists of telecommunications services and non-core businesses divested in 2006 (Facilities Services Group and MYR).




______________________________________________________________________________________________________
Consolidated Report to the Financial Community – 4th Quarter Segment Report 2007     2
FirstEnergy Corp.
                                                            Consolidated Income Segments
                                                                               (In millions)



                                                                         Three Months Ended Dec. 31, 2007 vs. Three Months Ended Dec. 31, 2006
                                                                                                  Ohio
                                                         Energy             Competitive        Transitional
                                                                              Energy                                                    Reconciling
                                                        Delivery                               Generation
                                                                            Services (b)                                                Adjustments
                                                       Services (a)                            Services (c)           Other (d)                           Consolidated
        Revenues
  (1)    Electric sales                               $          316       $          32      $            41     $               -     $           -     $       389
  (2)    FE Facilities                                             -                   -                    -                     -                 -               -
  (3)    Other                                                     8                  (5)                   5                     7                (5)             10
  (4)    Internal revenues                                         -                  79                    -                     -               (79)              -
  (5)   Total Revenues                                           324                 106                   46                     7               (84)            399

      Expenses
  (6)  Fuel                                                        -                   8                    -                   -                  -                8
  (7)  Purchased power                                           228                  72                   36                   -                (78)             258
  (8)  Other operating expenses                                   57                  21                   25                  11                (18)              96
  (9)  FE Facilities                                               -                   -                    -                   -                  -                -
 (10) Provision for depreciation                                   6                   4                    -                   -                  -               10
 (11) Amortization of regulatory assets                           34                   -                    3                   -                  -               37
 (12) Deferral of new regulatory assets                           28                   -                  (32)                  -                  -               (4)
 (13) General taxes                                               (3)                  6                   (2)                  3                 (6)              (2)
 (14) Total Expenses                                             350                 111                   30                  14               (102)             403
 (15) Operating Income                                            (26)                 (5)                 16                     (7)              18               (4)
        Other Income (Expense)
 (16)    Investment income                                        (34)                  3                   -                      -               29              (2)
 (17)    Interest expense                                          12                  24                   -                      -              (25)             11
 (18)    Capitalized interest                                       1                   4                   -                      -                1               6
 (19)    Subsidiaries' preferred stock dividends                    7                   -                   -                      -               (6)              1
 (20)                                                             (14)                 31                   -                      -               (1)             16
        Total Other Expense
 (21) Income From Continuing Operations
                                                                  (40)                 26                  16                  (7)                 17              12
        Before Income Taxes
 (22) Income taxes                                                (17)                 10                   6                   8                  11              18
 (23) Income From Continuing Operations                           (23)                 16                  10                 (15)                  6              (6)
 (24) Discontinued operations                                       -                   -                   -                   -                   -               -
 (25) Net Income                                      $           (23)     $           16     $            10     $           (15)      $           6     $        (6)

 (a) Consists of regulated transmission and distribution operations, including transition cost recovery, and provider of last resort generation service for
      FirstEnergy's Pennsylvania and New Jersey electric utility subsidiaries.
 (b) Consists of unregulated generation and commodity operations, including competitive electric sales, and generation sales to affiliated electric utilities.
 (c) Represents provider of last resort generation service by FirstEnergy's Ohio electric utility subsidiaries.
 (d) Consists of telecommunications services and non-core businesses divested in 2006 (Facilities Services Group and MYR).




______________________________________________________________________________________________________
Consolidated Report to the Financial Community – 4th Quarter Segment Report 2007     3

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first energy

  • 1. FirstEnergy Corp. Consolidated Income Segments (In millions) Three Months Ended December 31, 2007 Ohio Energy Competitive Transitional Energy Reconciling Delivery Generation Services (b) Adjustments Services (a) Services (c) Other (d) Consolidated Revenues (1) Electric sales $ 1,921 $ 343 $ 617 $ - $ - $ 2,881 (2) FE Facilities - - - - - - (3) Other 150 36 11 10 (9) 198 (4) Internal revenues - 691 - - (691) - (5) Total Revenues 2,071 1,070 628 10 (700) 3,079 Expenses (6) Fuel 1 290 - - - 291 (7) Purchased power 899 186 528 - (691) 922 (8) Other operating expenses 445 321 87 5 (27) 831 (9) FE Facilities - - - - - - (10) Provision for depreciation 103 51 - 1 6 161 (11) Amortization of regulatory assets 226 - 8 - - 234 (12) Deferral of new regulatory assets (72) - (53) - - (125) (13) General taxes 137 26 1 - 1 165 (14) 1,739 874 571 6 (711) 2,479 Total Expenses (15) 332 196 57 4 11 600 Operating Income Other Income (Expense) (16) Investment income 50 3 - - (26) 27 (17) Interest expense (109) (28) - (1) (44) (182) (18) Capitalized interest 4 7 - - - 11 (19) Subsidiaries' preferred stock dividends - - - - - - (20) (55) (18) - (1) (70) (144) Total Other Expense (21) Income From Continuing Operations 277 178 57 3 (59) 456 Before Income Taxes (22) Income taxes 110 71 23 4 (20) 188 (23) 167 107 34 (1) (39) 268 Income From Continuing Operations (24) Discontinued operations - - - - - - (25) Net Income $ 167 $ 107 $ 34 $ (1) $ (39) $ 268 (a) Consists of regulated transmission and distribution operations, including transition cost recovery, and provider of last resort generation service for FirstEnergy's Pennsylvania and New Jersey electric utility subsidiaries. (b) Consists of unregulated generation and commodity operations, including competitive electric sales, and generation sales to affiliated electric utilities. (c) Represents provider of last resort generation service by FirstEnergy's Ohio electric utility subsidiaries. (d) Primarily consists of telecommunications services. ______________________________________________________________________________________________________ Consolidated Report to the Financial Community – 4th Quarter Segment Report 2007 1
  • 2. FirstEnergy Corp. Consolidated Income Segments (In millions) Three Months Ended December 31, 2006 Ohio Energy Competitive Transitional Energy Reconciling Delivery Generation Services (b) Adjustments Services (a) Services (c) Other (d) Consolidated Revenues (1) Electric sales $ 1,605 $ 311 $ 576 $ - $ - $ 2,492 (2) FE Facilities - - - - - - (3) Other 142 41 6 3 (4) 188 (4) Internal revenues - 612 - - (612) - (5) Total Revenues 1,747 964 582 3 (616) 2,680 Expenses (6) Fuel 1 282 - - - 283 (7) Purchased power 671 114 492 - (613) 664 (8) Other operating expenses 388 300 62 (6) (9) 735 (9) FE Facilities - - - - - - (10) Provision for depreciation 97 47 - 1 6 151 (11) Amortization of regulatory assets 192 - 5 - - 197 (12) Deferral of new regulatory assets (100) - (21) - - (121) (13) General taxes 140 20 3 (3) 7 167 (14) Total Expenses 1,389 763 541 (8) (609) 2,076 (15) Operating Income 358 201 41 11 (7) 604 Other Income (Expense) (16) Investment income 84 - - - (55) 29 (17) Interest expense (121) (52) - (1) (19) (193) (18) Capitalized interest 3 3 - - (1) 5 (19) Subsidiaries' preferred stock dividends (7) - - - 6 (1) (20) (41) (49) - (1) (69) (160) Total Other Expense (21) Income From Continuing Operations 317 152 41 10 (76) 444 Before Income Taxes (22) Income taxes 127 61 17 (4) (31) 170 (23) Income From Continuing Operations 190 91 24 14 (45) 274 (24) Discontinued operations - - - - - - (25) Net Income $ 190 $ 91 $ 24 $ 14 $ (45) $ 274 (a) Consists of regulated transmission and distribution operations, including transition cost recovery, and provider of last resort generation service for FirstEnergy's Pennsylvania and New Jersey electric utility subsidiaries. (b) Consists of unregulated generation and commodity operations, including competitive electric sales, and generation sales to affiliated electric utilities. (c) Represents provider of last resort generation service by FirstEnergy's Ohio electric utility subsidiaries. (d) Consists of telecommunications services and non-core businesses divested in 2006 (Facilities Services Group and MYR). ______________________________________________________________________________________________________ Consolidated Report to the Financial Community – 4th Quarter Segment Report 2007 2
  • 3. FirstEnergy Corp. Consolidated Income Segments (In millions) Three Months Ended Dec. 31, 2007 vs. Three Months Ended Dec. 31, 2006 Ohio Energy Competitive Transitional Energy Reconciling Delivery Generation Services (b) Adjustments Services (a) Services (c) Other (d) Consolidated Revenues (1) Electric sales $ 316 $ 32 $ 41 $ - $ - $ 389 (2) FE Facilities - - - - - - (3) Other 8 (5) 5 7 (5) 10 (4) Internal revenues - 79 - - (79) - (5) Total Revenues 324 106 46 7 (84) 399 Expenses (6) Fuel - 8 - - - 8 (7) Purchased power 228 72 36 - (78) 258 (8) Other operating expenses 57 21 25 11 (18) 96 (9) FE Facilities - - - - - - (10) Provision for depreciation 6 4 - - - 10 (11) Amortization of regulatory assets 34 - 3 - - 37 (12) Deferral of new regulatory assets 28 - (32) - - (4) (13) General taxes (3) 6 (2) 3 (6) (2) (14) Total Expenses 350 111 30 14 (102) 403 (15) Operating Income (26) (5) 16 (7) 18 (4) Other Income (Expense) (16) Investment income (34) 3 - - 29 (2) (17) Interest expense 12 24 - - (25) 11 (18) Capitalized interest 1 4 - - 1 6 (19) Subsidiaries' preferred stock dividends 7 - - - (6) 1 (20) (14) 31 - - (1) 16 Total Other Expense (21) Income From Continuing Operations (40) 26 16 (7) 17 12 Before Income Taxes (22) Income taxes (17) 10 6 8 11 18 (23) Income From Continuing Operations (23) 16 10 (15) 6 (6) (24) Discontinued operations - - - - - - (25) Net Income $ (23) $ 16 $ 10 $ (15) $ 6 $ (6) (a) Consists of regulated transmission and distribution operations, including transition cost recovery, and provider of last resort generation service for FirstEnergy's Pennsylvania and New Jersey electric utility subsidiaries. (b) Consists of unregulated generation and commodity operations, including competitive electric sales, and generation sales to affiliated electric utilities. (c) Represents provider of last resort generation service by FirstEnergy's Ohio electric utility subsidiaries. (d) Consists of telecommunications services and non-core businesses divested in 2006 (Facilities Services Group and MYR). ______________________________________________________________________________________________________ Consolidated Report to the Financial Community – 4th Quarter Segment Report 2007 3