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. reports developments for an investor-owned electric utility holding company with distribution companies in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York and transmission subsidiaries that connect the Midwest and Mid-Atlantic regions.
Recurring updates cover GAAP and core earnings, distribution and transmission rate-base growth, capital spending for grid reliability, and regulatory proceedings such as Ohio distribution rate plans. Company news also covers projects by American Transmission Systems, Potomac Edison, Ohio Edison, Toledo Edison and The Illuminating Company, including line rebuilds, tree trimming, time-of-use rates, storm restoration and operational leadership changes.
CRA International (CRAI) will manage a renewable energy credit RFP for FirstEnergy (FE) Ohio utilities, with bid pricing proposals due November 2, 2026.
The utilities are Ohio Edison, Cleveland Electric Illuminating and Toledo Edison. A webinar for prospective bidders is scheduled for October 1, 2026. Credit and qualifying applications are due October 26. The Public Utilities Commission of Ohio approved the RFP, which may include solar and non-solar credits.
FirstEnergy Pennsylvania Electric Company (FE) launched an exchange offer for up to $300 million of its unregistered 4.150% Senior Notes due 2028 and $550 million of its unregistered 4.550% Senior Notes due 2031, offering a like principal amount of new notes registered under the Securities Act of 1933.
The exchange offer covers only a swap of unregistered notes for substantially identical registered notes and does not constitute a new financing transaction. The offer expires at 5:00 p.m., New York City time, on October 16, 2026, unless extended. Holders may tender their outstanding notes any time before expiration and may withdraw tenders at any time prior to that deadline. The offer is being made pursuant to a prospectus dated September 17, 2026, included in an effective Form S‑4 registration statement filed with the Securities and Exchange Commission.
Potomac Edison (FirstEnergy, FE) has proposed a $52.8 million Maryland rate adjustment to fund continued investment in its electric system and reliability upgrades. The plan would raise the average residential customer’s monthly bill by about 5.3%.
The company states that, even with this increase, its residential rates would remain the lowest among Maryland investor-owned utilities, and as of June 1 were 25% below the in‑state peer average. Funds would support grid modernization, targeted pole and line upgrades, smart grid and SCADA technology, substation equipment replacements, additional automation, and expanded tree-clearing near lines. The proposal requires review and approval by the Maryland Public Service Commission before taking effect, including opportunities for public input.
FirstEnergy (FE) has appointed Jon Dormo as Vice President of Generation Project Development, reporting to Chris Beam, to lead planning and development of new power generation projects to meet growing electricity demand.
Dormo brings nearly 20 years of energy-sector experience across engineering, construction, operations, development and strategic planning, most recently serving as Managing Director, Projects, at American Electric Power. His background includes gas, wind and solar facilities, substations and other electric infrastructure, as well as permitting, contract negotiation and capital investment management.
The company links his role to projects like the proposed Maidsville Energy Center, for which Mon Power and Potomac Edison are seeking Public Service Commission of West Virginia approval. The proposal includes a 1,200-megawatt combined-cycle natural gas plant near Fort Martin Power Station and 70 megawatts of solar generation in three West Virginia counties, with a PSC decision expected later this year. Fort Martin and Harrison Power Station are expected to remain in operation under the companies' Integrated Resource Plan.
FirstEnergy (FE), through the FirstEnergy Foundation, is committing $1.2 million during Hunger Action Month to support 37 Pennsylvania food banks and pantries in the FirstEnergy Pennsylvania Electric Company service area. The grants are expected to help provide more than 3.6 million meals to families facing food insecurity.
The Pennsylvania funding includes a $250,000 donation to Feeding Pennsylvania and a $50,000 grant to Westmoreland Food Bank, among other recipients, including six first-time grantees. These grants form part of a broader $5 million initiative aiding 140 hunger-relief organizations across FirstEnergy's six-state territory and the District of Columbia.
FirstEnergy employees also contributed about 28,500 volunteer hours in 2025 across the service area, valued at over $1 million based on the 2025 national volunteer hour rate, with thousands of hours supporting hunger-relief efforts.
FirstEnergy (NYSE:FE), through the FirstEnergy Foundation, is committing $1.2 million to 29 Ohio food banks and pantries during Hunger Action Month as part of a broader $5 million regional hunger relief initiative across six states and Washington, D.C. According to FirstEnergy, the Ohio grants are expected to help provide more than 3.6 million meals for families, seniors and children in communities served by Ohio Edison, The Illuminating Company and Toledo Edison. The 2026 program expands support to 29 organizations, including 16 first-time recipients, with individual grants ranging from $5,000 to $250,000. FirstEnergy also reports about 28,500 employee volunteer hours in 2025, valued at over $1 million in additional community support, including thousands of hours dedicated to hunger relief efforts.
FirstEnergy Foundation, affiliated with FirstEnergy (NYSE: FE), announced its largest hunger-relief investment to date, committing $1.3 million to 25 New Jersey food banks and pantries as part of a broader $5 million regional initiative supporting nearly 150 organizations across six states and Washington, D.C.
According to the company, the New Jersey grants, ranging from $5,000 to $250,000, are expected to help provide more than 3.8 million meals in communities served by Jersey Central Power & Light. The effort coincides with National Hunger Action Month and is complemented by about 28,500 employee volunteer hours across FirstEnergy’s service territory in 2025, valued at over $1 million in community support.
FirstEnergy Foundation (NYSE:FE) announced its largest hunger relief investment to date, awarding $1.1 million to 43 food banks and pantries across West Virginia and Maryland during Hunger Action Month. The grants are part of a broader $5 million regional initiative supporting 140 organizations in six states and Washington, D.C.
According to the company, this funding is expected to help provide approximately 3.3 million meals in communities served by Mon Power and Potomac Edison. The Foundation also highlighted about 28,500 employee volunteer hours in 2025 across its service territory, valued at over $1 million in additional community support.
FirstEnergy (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L) has filed a rate proposal with the New Jersey Board of Public Utilities that combines delayed bill impacts with ongoing grid investments. The plan includes a $253 million increase in base distribution rates, effective May 6, 2027, but uses proposed offsets so residential customers do not feel base delivery changes until January 2028. It also seeks recovery of $476 million in deferred storm costs through a separate charge starting January 2028, spread over 10 years.
If approved, the average customer bill would rise about 8.5%, with residential customers up roughly 8.8%, or $14.23 per month for a typical 767 kWh user. JCP&L highlights $1.5 billion of capital spending over three years, reliability improvements of 15% in 2025 versus 2024 and 38% so far this year, and a plan supporting an additional $2.1 billion in base distribution investments within a five-year, $6.9 billion capital program, including grid modernization, EnergizeNJ remote control, transmission upgrades, vegetation management and energy efficiency initiatives.
FirstEnergy (NYSE: FE), through the FirstEnergy Foundation, announced a $100,000 grant to the American Red Cross of New Jersey following four days of severe storms that impacted Jersey Central Power & Light (JCP&L) customers.
The contribution directs $50,000 to Northern New Jersey response efforts and $50,000 to the new Central New Jersey Disaster Response Command Center in Tinton Falls. According to the company, the funds will support coordinated emergency response and recovery, cleanup assistance for storm-impacted families, and community preparedness programs. Approximately 5,700 JCP&L personnel and contractors were involved in what the company described as its largest storm restoration in years.