Welcome to our dedicated page for Firstenergy news (Ticker: FE), a resource for investors and traders seeking the latest updates and insights on Firstenergy stock.
FirstEnergy Corp. (NYSE: FE) is a utility holding company whose electric distribution companies serve more than six million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. Its transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions. The news surrounding FirstEnergy reflects its role in nuclear electric power generation, electric distribution and transmission within the utilities sector.
This news page brings together company-issued updates and other coverage related to FE. Readers can find announcements about quarterly and annual financial results, earnings teleconferences and investor presentations, often referenced in Form 8-K filings and news releases. These items provide insight into how management views performance, uses GAAP and non-GAAP measures and communicates core earnings guidance and strategic priorities.
Because FirstEnergy operates regulated utilities, a significant portion of its news flow centers on regulatory developments and settlements. Examples include Public Utilities Commission of Ohio (PUCO) proceedings and comprehensive settlement agreements that address riders, audits and customer restitution and refunds for Ohio Edison, The Illuminating Company and Toledo Edison customers. Such updates can be important for understanding potential impacts on rates, customer bills and regulatory relationships.
Operational and infrastructure news is another key theme. FirstEnergy and its subsidiaries, including entities like Mid-Atlantic Interstate Transmission and Jersey Central Power & Light, issue releases on grid modernization projects, high-voltage line rebuilds, substation upgrades and other investments intended to enhance reliability and support growth in local communities.
In addition, the FirstEnergy Foundation regularly announces “Gifts of the Season” and other grants to nonprofits in the company’s service territories, highlighting community and philanthropic initiatives. Investors, customers and observers can use this news page to follow developments across financial, regulatory, operational and community dimensions of FirstEnergy’s business.
FirstEnergy (NYSE: FE) said its transmission unit, FirstEnergy Transmission LLC, was selected by PJM to build multiple reliability projects in Ohio and Pennsylvania, with FET investing about $950 million to modernize equipment, rebuild lines and upgrade substations.
Key elements include Grid Growth Ventures' nearly 200 miles of new 765-kV line and a project cost estimated at $1.2 billion, plus ATSI and MAIT work totaling about $459 million.
FirstEnergy (NYSE: FE) appointed Hannah Turner as Vice President, Transmission Finance and Principal Financial Officer for FirstEnergy Transmission, effective March 1, 2026. Turner will oversee finance, regulatory filings and rates for FirstEnergy Transmission, Keystone Appalachian Transmission Company and integrated transmission businesses.
She joins as FirstEnergy advances the Valley Link Transmission joint venture and launches the Grid Growth Ventures joint venture; Turner brings leadership from Electric Transmission Texas and earlier roles at American Electric Power, and holds an MBA and BBA from LeTourneau University.
FirstEnergy (NYSE:FE) Foundation awarded a $10,000 grant to Butler County Community College (BC3) on Feb 25, 2026 to upgrade rope-rescue and confined-space equipment. The funding will support BC3 Workforce Development Industrial Safety and Fire/Hazmat programs, expanding realistic training access for professional and volunteer first responders in western Pennsylvania.
FirstEnergy (NYSE:FE) and Mid-Atlantic Interstate Transmission are building the Van Reed 69-kV Transmission Project to strengthen service for more than 6,000 customers in central Berks County. The work includes a new substation in Bern Township and nearly four miles of 69-kV line on wood and steel poles.
Construction began in January, the project costs about $30 million, and is expected to be in service before the end of 2026. The upgrade is part of FirstEnergy's Energize365 grid program and supports regional reliability and economic growth.
FirstEnergy (NYSE: FE) subsidiary Potomac Edison completed a new $6.6 million substation in Berkeley County, W.Va., finished in December, that already serves about 2,400 customers in Falling Waters and Spring Mills.
The smart, automated facility reduces outage size, speeds remote restoration and relieves capacity constraints from two older substations as part of the Energize365 investment program.
FirstEnergy (NYSE: FE) reported 2025 GAAP EPS $1.77 and Core EPS $2.55, at the top end of its revised guidance, on revenue of $15.1 billion. The company reported GAAP earnings of $1.02 billion and affirmed 2026 Core EPS guidance $2.62–$2.82.
FirstEnergy unveiled a $36 billion capital plan for 2026–2030 (Energize365) with ~10% compounded annual rate base growth and targeted Core EPS CAGR near the top end of 6–8%.
FirstEnergy (NYSE: FE) Ohio utilities will run a PIPP RFP auction to select a supplier for full requirements service for PIPP customers for the 12-month delivery period June 2026–May 2027.
An information session for prospective bidders is set for Wednesday, February 18, 2026. Supplier applications open February 19 and are due March 4; registered bidders submit bids on March 16. Auction details and webinar instructions are available at firstenergypipprfp.com.
FirstEnergy Transmission (NYSE:FE) and Transource Energy received PJM Board approval on Feb 12, 2026 to jointly develop a major electric transmission project in central Ohio through Grid Growth Ventures LLC.
The plan includes >300 miles of new 765-kV lines and substation upgrades to boost reliability, support growing demand in the Columbus region, reduce land use by consolidating corridors, and attract industry investment.
Transource Energy and FirstEnergy Transmission (NYSE:FE) received PJM Board approval on Feb 16, 2026 to develop a major transmission project in central Ohio through new joint venture Grid Growth Ventures. The plan includes ~300 miles of new 765-kV lines plus substation upgrades to boost reliability, support rising demand in greater Columbus, and enable economic growth.
The project is designed to consolidate capacity into high-voltage corridors (one 765-kV line can power two million homes) and reduce land use while improving outage restoration and access to affordable power.
FirstEnergy (NYSE: FE) subsidiaries Mon Power and Potomac Edison selected a 35-acre Maidsville, West Virginia site for a new 1,200-megawatt natural gas power plant expected to supply roughly half a million homes. If approved by the Public Service Commission of West Virginia, site work could begin as early as 2027 with the plant online in late 2031.
The companies also seek approval for 70 megawatts of new solar across three reclaimed/brownfield sites, adding to 30 megawatts already built since 2024, as part of an Integrated Resource Plan to bolster reliability and affordability.