The rating on West Penn Power Co. (West Penn) reflects the consolidated credit profile of its parent, Allegheny Energy Inc. (Allegheny), whose credit quality is determined in conjunction with that of its unregulated subsidiary, Allegheny Energy Supply Co. LLC (AE Supply), and its regulated utility subsidiaries, Monongahela Power Co., Potomac Edison Co., and West Penn. The rating on consolidated parent Allegheny reflects the company's progress in restoring its credit profile after the previous management's unsuccessful expansion into trading activities. The company has sold most of its trading portfolio and less profitable operations and now operates with considerably less debt. Allegheny has made significant progress in overcoming many of the operational challenges, such as low tariff rates and the rising cost
