Energy Harbor
Carbon-free energy generation and retail electricity supplier.
| USD | 2017 | 2021 | 2022 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | - | (4 %) |
| EBITDA | 0000 | 0000 | 0000 |
| % EBITDA margin | 10 % | 14 % | 22 % |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | (78 %) | 7 % | (5 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
Energy Harbor is a fully integrated retail energy provider and independent power producer headquartered in Akron, Ohio. The company emerged from the bankruptcy of FirstEnergy Solutions in 2020. David K. Jones is the President, Chief Executive Officer, and Chief Legal Officer. Energy Harbor operates one of the country's largest non-emitting nuclear fleets, dedicated to producing carbon-free energy. Its portfolio includes two nuclear generation stations: Beaver Valley Power Station and Davis-Besse Nuclear Power Station, with a combined capacity of over 3,000 megawatts.
The company serves nearly one million residential, commercial, and industrial customers in several states, including Ohio, Pennsylvania, New Jersey, and Illinois, through its retail business. Energy Harbor's business model is centered on providing reliable, carbon-free electricity directly to consumers and businesses. It also offers enrollment in its Community Solar program, allowing customers to support local solar projects and receive credits on their electricity bills. The company positions itself as a dependable, low-cost power producer with a strong focus on safety, reliability, and environmental stewardship.
Keywords: carbon-free electricity, nuclear power generation, retail energy provider, independent power producer, electricity supplier, community solar, power generation, utility services, sustainable energy, energy markets