The WACC of FirstEnergy Corp (FE) is 5.3%.
| Range | Selected | |
| Cost of equity | 4.90% - 6.90% | 5.90% |
| Tax rate | 18.70% - 19.70% | 19.20% |
| Cost of debt | 4.50% - 7.00% | 5.75% |
| WACC | 4.2% - 6.3% | 5.3% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.22 | 0.37 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 4.90% | 6.90% |
| Tax rate | 18.70% | 19.70% |
| Debt/Equity ratio | 1.05 | 1.05 |
| Cost of debt | 4.50% | 7.00% |
| After-tax WACC | 4.2% | 6.3% |
| Selected WACC | 5.3% | |