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Articles by FirstEnergy Corp
Potomac Edison Residential Customers in Maryland to Receive Second Round of Energy Relief Bill Credits
Credits will appear automatically on February bills , /PRNewswire/ — More than 247,000 Potomac Edison residential customers in Maryland will get automatic bill credits in February as part of the next phase of the state’s Legislative Energy Relief Refund program. The credits, created as part of the Next Generation Energy Act passed in April 2025, are designed to help families manage rising electricity costs.
FirstEnergy Crews Ready for Winter Storm; Offer Tips to Stay Safe and Warm During Extreme Cold
, /PRNewswire/ — With a winter storm and bitter cold moving across much of the country, FirstEnergy Corp. (NYSE: FE) electric companies are ready to respond. Crews have prepared for the weather, and we’re reminding customers of simple steps they can take to stay safe and manage energy during the cold stretch. Current forecasts show the entire FirstEnergy service area will feel the drop in temperatures through next week.
FirstEnergy Foundation Marks 10 Years of Support for Fill a Glass with Hope®
$25,000 grant to provide 200,000 servings of fresh milk to Pennsylvania families in need , /PRNewswire/ — Marking a decade of support for Feeding Pennsylvania’s Fill a Glass with Hope® program, the FirstEnergy Foundation today awarded a $25,000 grant during the initiative’s 2026 kickoff at the Pennsylvania Farm Show in Harrisburg.
FirstEnergy Transmission, LLC Announces Extension of Exchange Offer for its 4.750% Senior Notes Due 2033
, /PRNewswire/ — FirstEnergy Transmission, LLC (“FET” or the “Company”) a subsidiary of FirstEnergy Corp.
FirstEnergy Corp. Declares Common Stock Dividend of 44.5 Cents Per Share
, /PRNewswire/ — The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of 44.5 cents per share of outstanding common stock payable March 1, 2026, to shareholders of record at the close of business on February 6, 2026. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence.
Enhanced Electric Service Coming to Homes and Businesses in Lehigh and Berks Counties
, /PRNewswire/ — A power grid upgrade is underway in southeastern Pennsylvania to enhance electric service for thousands of residents and businesses in Lehigh and Berks counties. The project includes rebuilding a 15-mile stretch of high-voltage power lines and replacing key components at four substations to strengthen the local grid and make outages less common and shorter when they do happen.
Surprise FirstEnergy Foundation "Gifts of the Season" Make Spirits Bright for Two Ohio Nonprofits
Awards of $10,000 each will help provide food, shelter and essential services , /PRNewswire/ — This holiday season, the FirstEnergy Foundation is sharing the spirit of giving by awarding $20,000 in “Gifts of the Season” grants to two nonprofit organizations making a positive impact in Ohio communities served by FirstEnergy Corp. (NYSE: FE) electric companies.
Surprise FirstEnergy Foundation "Gifts of the Season" Make Spirits Bright for Two New Jersey Nonprofits
Awards of $10,000 each will help provide food and essential services , /PRNewswire/ — This holiday season, the FirstEnergy Foundation is sharing the spirit of giving by awarding $20,000 in “Gifts of the Season” grants to two nonprofit organizations making a positive impact in New Jersey communities served by FirstEnergy Corp. (NYSE: FE) electric company Jersey Central Power & Light (JCP&L).
Electric Grid Upgrade Set to Strengthen Service and Speed Restoration in Monmouth County
, /PRNewswire/ — A major upgrade is underway in Monmouth County to improve electric service for thousands of Jersey Central Power & Light (JCP&L) customers. The project includes rebuilding and modernizing a key section of the local power grid to strengthen reliability and reduce the frequency and length of outages. Built to Power the Future JCP&L, a FirstEnergy Corp.
FirstEnergy's Pennsylvania Utilities Receive Approval for Infrastructure Improvement Plans
GREENSBURG, Pa., Jan. 23, 2020 /PRNewswire/ -- To help ensure continued electric service reliability for two million Pennsylvania customers, FirstEnergy Corp. (NYSE: FE) subsidiaries Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec), Pennsylvania Power (Penn Power), and West Penn Power recently received approval from the Pennsylvania Public Utility Commission (PUC) for the second phase of their Long Term Infrastructure Improvement Plans (LTIIP II).
FirstEnergy's Pennsylvania Utilities Receive Approval for Infrastructure Improvement Plans
GREENSBURG, Pa., Jan. 23, 2020 /PRNewswire/ -- To help ensure continued electric service reliability for two million Pennsylvania customers, FirstEnergy Corp. (NYSE: FE) subsidiaries Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec), Pennsylvania Power (Penn Power), and West Penn Power recently received approval from the Pennsylvania Public Utility Commission (PUC) for the second phase of their Long Term Infrastructure Improvement Plans (LTIIP II).
FirstEnergy's Pennsylvania Utilities Remind Customers of Available Assistance Programs to Help with Winter Bills
GREENSBURG, Pa., Jan. 14, 2020 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for FirstEnergy Corp. (NYSE: FE) customers in Pennsylvania who need help with winter heating bills. FirstEnergy's Pennsylvania utilities include Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec), West Penn Power and Pennsylvania Power (Penn Power).
FirstEnergy's Pennsylvania Utilities Remind Customers of Available Assistance Programs to Help with Winter Bills
GREENSBURG, Pa., Jan. 14, 2020 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for FirstEnergy Corp. (NYSE: FE) customers in Pennsylvania who need help with winter heating bills. FirstEnergy's Pennsylvania utilities include Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec), West Penn Power and Pennsylvania Power (Penn Power).
FirstEnergy's Pennsylvania Utilities Remind Customers of Available Assistance Programs to Help with Winter Bills
GREENSBURG, Pa., Jan. 14, 2020 /PRNewswire/ -- With cold weather now affecting the region, financial assistance programs are available for FirstEnergy Corp. (NYSE: FE) customers in Pennsylvania who need help with winter heating bills. FirstEnergy's Pennsylvania utilities include Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec), West Penn Power and Pennsylvania Power (Penn Power).
Penn Power Wraps Up Projects to Strengthen Electric System Ahead of Winter Weather
NEW CASTLE, Pa., Dec. 9, 2019 /PRNewswire/ -- As winter approaches, The Pennsylvania Power Company (Penn Power) is wrapping up major projects expected to enhance electric service reliability for nearly 20,000 customers in Mercer County. The projects include installing approximately 1,000 new poles and replacing more than 184,000 feet of power lines with thicker, durable wire designed to withstand severe winter elements like ice and heavy, wet snow.
Penn Power Wraps Up Projects to Strengthen Electric System Ahead of Winter Weather
NEW CASTLE, Pa., Dec. 9, 2019 /PRNewswire/ -- As winter approaches, The Pennsylvania Power Company (Penn Power) is wrapping up major projects expected to enhance electric service reliability for nearly 20,000 customers in Mercer County. The projects include installing approximately 1,000 new poles and replacing more than 184,000 feet of power lines with thicker, durable wire designed to withstand severe winter elements like ice and heavy, wet snow.
Penn Power Wraps Up Projects to Strengthen Electric System Ahead of Winter Weather
NEW CASTLE, Pa., Dec. 9, 2019 /PRNewswire/ -- As winter approaches, The Pennsylvania Power Company (Penn Power) is wrapping up major projects expected to enhance electric service reliability for nearly 20,000 customers in Mercer County. The projects include installing approximately 1,000 new poles and replacing more than 184,000 feet of power lines with thicker, durable wire designed to withstand severe winter elements like ice and heavy, wet snow.
FirstEnergy Invites Customers to Enter Holiday Lights Contest
FirstEnergy Corp. Logo (PRNewsfoto/FirstEnergy Corp.) FirstEnergy Corp. Logo (PRNewsfoto/FirstEnergy Corp.) By FirstEnergy Corp. TownNews.com Content Exchange AKRON, Ohio — With the holiday season underway, FirstEnergy Corp. invites customers to show off their best and brightest outdoor holiday light displays by entering the company's annual "Merry & Bright" Holiday Lights Contest for a chance to win a weekly prize.
Penn Power Installing New Interior Substation Fencing to Prevent Outages, Keep Animals Safe
NEW CASTLE, Pa., Oct. 24, 2019 /PRNewswire/ -- The Pennsylvania Power Company (Penn Power) is installing new interior fencing in two Mercer County substations to help deter climbing animals and protect against electrical equipment interference that can cause power outages. The fencing – installed inside of a substation around the perimeter of the equipment – keeps the animals out of harm's way and the electricity safely flowing to customers.
Lower Electric Rates Approved for Mon Power and Potomac Edison Customers in West Virginia
FAIRMONT, W.Va., Jan. 3, 2019 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), announced today that the Public Service Commission (PSC) of West Virginia has approved a settlement agreement that will lower electric rates by more than $77 million in 2019 due to reduced costs for fuel, purchased power, and energy efficiency programs. The utilities incur the costs to provide safe and reliable electricity to customers.
FirstEnergy to permanently deactivate its 3 nuclear power plants
FirstEnergy Solutions, a unit of FirstEnergy Corp. FE, -0.61% said Wednesday it has informed the U.S. Nuclear Regulatory Commission of its decision to permanently deactivate its three nuclear power plants over the next three years.
Trump faces test on coal with FirstEnergy plea for government help
The Trump administration’s commitment to coal is under its stiffest test yet after an Ohio energy company made a plea to favor that power source over its many rivals, including oil and natural gas, in a clash that could end with higher costs for consumers. FirstEnergy Corp.’s FE, -1.10% fleet of coal- and nuclear-power plants filed for bankruptcy over the weekend, just days after the company asked the federal government for an emergency declaration that would keep many of them open.
Some of FirstEnergy’s power-generating affiliates file for chapter 11 bankrputcy
FirstEnergy Corp. placed a fleet of power-generation businesses into chapter 11 bankruptcy, underscoring the financial pressures on the nation’s coal- and nuclear-power plant operators.
Some of FirstEnergy’s power-generating affiliates file for chapter 11 bankrputcy
FirstEnergy Corp. placed a fleet of power-generation businesses into chapter 11 bankruptcy, underscoring the financial pressures on the nation’s coal- and nuclear-power plant operators.
Some of FirstEnergy’s power-generating affiliates file for chapter 11 bankrputcy
FirstEnergy Corp. placed a fleet of power-generation businesses into chapter 11 bankruptcy, underscoring the financial pressures on the nation’s coal- and nuclear-power plant operators.
Ohio Utility seeks Trump’s help for its struggling Plants
WASHINGTON—Power company FirstEnergy Corp. is asking the Trump administration to intervene to keep struggling nuclear and coal-fired power plants running across the Midwest, escalating a fight over which fuels power the nation’s electric grid. The move puts the issue in the hands of a president and energy secretary who have promised to help the region’s energy industry, especially its struggling coal mines that have closed by the dozens in recent years.
Ohio Utility seeks Trump’s help for its struggling Plants
WASHINGTON—Power company FirstEnergy Corp. is asking the Trump administration to intervene to keep struggling nuclear and coal-fired power plants running across the Midwest, escalating a fight over which fuels power the nation’s electric grid. The move puts the issue in the hands of a president and energy secretary who have promised to help the region’s energy industry, especially its struggling coal mines that have closed by the dozens in recent years.
FirstEnergy to Deactivate Pleasants Power Station in West Virginia
FirstEnergy subsidiary Mon Power filed a plan in March 2017 seeking regulatory approval to acquire the Pleasants Power Station, which would have resolved a projected 10-year energy capacity shortfall and decreased electric bills for customers. The Federal Energy Regulatory Commission (FERC) rejected the proposal on January 12, 2018. The Public Service Commission of West Virginia approved the sale subject to a number of significant conditions.
FirstEnergy to deactivate coal-fired plant in West Virginia, affecting 190 employees
FirstEnergy Corp. FE, +0.73% said Friday it plans to deactivate the coal-fired Pleasants Power Station in Willow Island, West Virgina, affecting about 190 employees. The stock was up 0.6% in morning trade. The company said the decision was made after the Federal Energy Regulatory Commission rejected last month FirstEnergy subsidiary Mon Power's plan to buy Pleasants.
FirstEnergy shares surge 9% on news of $2.5 billion equity investment
FirstEnergy Corp. shares FE, +9.05% surged 8% Monday, after the company said it is getting a $2.5 billion equity investment from a group led by Elliott Management Corp. The investment includes $1.62 billion of mandatory convertible preferred equity and $850 million of common equity. The preferred equity has an initial conversion price of $27.42 per shares and will receive dividends payable on FirstEnergy common stock on an as-converted basis and be mostly non-voting.
JCP&L Completed Upgrades to More Than 80 Major Circuits in 2017 as Part of Service Reliability Program
The $4.7 million program included: installing 750 new pieces of high tech equipment to help pinpoint problem areas and restore service automatically; placing 250 animal guard devices on poles and in substations to limit the number of outages caused by squirrels, birds and other critters; attaching 390 lightning arrestors on electrical equipment to help protect the system from stormy weather; and proactively replacing 50 poles, 330 crossarms and about 18,000 feet of wire.
Lower Rates Approved for Mon Power and Potomac Edison Vegetation Management and Energy Efficiency Programs
The first order approves a settlement of a Vegetation Management Surcharge filing that decreases by about $15 million costs associated with a multi-year vegetation management plan designed to help reduce the frequency and duration of tree-related power outages. The second order approves a filing by the companies requesting a $5.4 million reduction in the costs to operate energy efficiency programs in the utilities' West Virginia service areas in 2018.
FirstEnergy Pennsylvania Utilities File Plans to Purchase Electric Generation Supply Beginning in 2019
The procurement process will be managed by CRA International, Inc. (CRA), a global consulting firm with expertise in energy markets. Under the proposed plan, CRA will conduct multiple auctions with generation prices calculated based on a blended average by customer class. The first auction will be held between October 20 and November 20, 2018, with others scheduled in January, April, and June of 2019.
FirstEnergy Power Plants Prepared to Operate Reliably through Winter Months
"FirstEnergy's coal and nuclear plants are resilient facilities that provide electricity when customers need it most," said Don Moul, president, FirstEnergy Generation. "Because the plants maintain large quantities of onsite fuel, they are not affected by fuel delivery disruptions that occur due to ice, snow and extreme cold temperatures.
FirstEnergy's Ohio Utilities File Proposal to Modernize Electric System and Prepare for Smart Technologies
The plan outlines a three-year, $450 million investment in projects that will create a stronger distribution system serving customers of Ohio Edison, Cleveland Electric Illuminating and Toledo Edison. The projects will help restore power faster, strengthen the system against adverse weather conditions, and enhance system performance by giving operators the ability to monitor and react to issues on the grid in real time.
Ohio Edison Announces ’Merry & Bright’ Holiday Lights Photo Contest
Participants can enter by submitting a photo of their home's outdoor holiday light display on the Ohio Edison Facebook page (www.facebook.com/OhioEdison) from Monday, Nov. 27 to Friday, Dec. 15. Up to 10 finalists will be selected by Ohio Edison based on criteria such as creativity and number of lights. Finalists' photos will be posted on Facebook for public voting from Monday, Dec. 18 to Friday, Dec. 22.
This S&P 500 sector has actually gotten cheaper as the stock market trades near records
Amid the endless warnings that the stock market is heading for a fall, only one sector has resisted the trend of ever-pricier valuations relative to earnings.
Discover the Global FirstEnergy Corp. - Power Plants and SWOT Analysis, 2016 Update
The report contains a detailed description of the power generation companys business operations, history, corporate strategy, and business structure. This report contains a detailed SWOT analysis, information on key employees (executives), and major products and services. - Major Power Plants (assets) - summarized and detailed information about the power plants (assets). - Business description - A detailed description of the companys operations and business divisions.
Six solid dividend stocks unfairly punished by investors
Are you looking for dividend stocks but don’t want to chase performance? It’s not easy to find them, considering so many have risen so much this year. So we’ve identified six possible value dividend stocks in the S&P 500 Index SPX, -0.30% The companies pass some screens for quality — more on that below — yet their shares have declined this year.
FirstEnergy to Deactivate Units at Two Ohio Power Plants
In 2015, Bay Shore Unit 1 and Sammis Units 1-4 contributed about four percent of the electricity produced by the company's generating plants. FirstEnergy does not intend to offer these units into the PJM capacity auction for the 2020-2021 timeframe. "We have taken a number of steps in recent years to reduce operating costs of our generation fleet," said FirstEnergy Generation President Jim Lash.
FirstEnergy and The Illuminating Company Prepare for 2016 Republican National Convention in
"Our system in downtown Cleveland was designed to safely handle the increased electrical load expected during the Republican National Convention," said John Skory, regional president, The Illuminating Company.
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