Allegheny Energy, Inc. (Allegheny) is a diversified utility holding company that operates through its directly and indirectly owned subsidiaries. The Company is an integrated energy business that owns and operates electric generation facilities and delivers electric services to customers in Pennsylvania, West Virginia, Maryland and Virginia. Allegheny operates in two business segments: Delivery and Services, and Generation and Marketing. The Delivery and Services segment includes Allegheny?s electric transmission and distribution (T&D) operations. The Generation and Marketing segment includes Allegheny?s power generation operations. Effective January 1, 2007, Monongahela Power Company (Monongahela) and Allegheny Energy Supply Company, LLC (AE Supply) completed an intra-company transfer of assets (the Asset Swap) that realigned generation ownership and contractual obligations within the Allegheny system.(Source: 10-K)
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