PSU takes no position on this question other than agreeing with ¶¶ 35, 36 and 37 of the Joint Petition addressing this issue. RESA This question is primarily directed to the Applicants. RESA has not formed an opinion on these issues. UWUA See answer to Question 1. See answer to Question 1. WPPSEF The WPPSEF took no specific position on this in litigation. However, provisions regarding each FirstEnergy Pennsylvania utility operating company's debt and credit levels, as well as other financial governance matters including post merger equity ratios, are addressed in Section II.H., pages 15-16, of the Settlement. The YCSWA takes no position on this question. The Settlement deals with this question, in part, at ¶¶ 35-37, pages 15-16. Will West Penn Power participate in the FirstEnergy Utility money pool? If, yes, please provide an updated agreement. Joint Applicants FirstEnergy intends to request the necessary approvals for both West Penn and TrAILCo to participate in the existing FirstEnergy utility money pool under its terms and in a manner consistent with participation by other FirstEnergy Pennsylvania subsidiaries. An updated agreement, providing for West Penn’s and TrAILCo’s participation, will be filed shortly after the Merger is consummated. In the meantime, West Penn and TrAILCo will not participate in the existing FirstEnergy money pool until the necessary approvals are granted by the Commission. Jt. App. St. 2-S at 6. In addition, under the Settlement, FirstEnergy has committed to See maintain separate money pools for regulated and unregulated operations. Joint Petition at See ¶ 35. OCA
PSU takes no position on this question other than agreeing with ¶¶ 35, 36 and 37 of the Joint Petition addressing this issue. RESA This question is primarily directed to the Applicants. RESA has not formed an opinion on these issues. UWUA See answer to Question 1. See answer to Question 1. WPPSEF The WPPSEF took no specific position on this in litigation. However, provisions regarding each FirstEnergy Pennsylvania utility operating company's debt and credit levels, as well as other financial governance matters including post merger equity ratios, are addressed in Section II.H., pages 15-16, of the Settlement. The YCSWA takes no position on this question. The Settlement deals with this question, in part, at ¶¶ 35-37, pages 15-16. Will West Penn Power participate in the FirstEnergy Utility money pool? If, yes, please provide an updated agreement. Joint Applicants FirstEnergy intends to request the necessary approvals for both West Penn and TrAILCo to participate in the existing FirstEnergy utility money pool under its terms and in a manner consistent with participation by other FirstEnergy Pennsylvania subsidiaries. An updated agreement, providing for West Penn’s and TrAILCo’s participation, will be filed shortly after the Merger is consummated. In the meantime, West Penn and TrAILCo will not participate in the existing FirstEnergy money pool until the necessary approvals are granted by the Commission. See Jt. App. St. 2-S at 6. In addition, under the Settlement, FirstEnergy has committed to maintain separate money pools for regulated and unregulated operations. See Joint Petition at ¶ 35. OCA
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