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FirstEnergy Crews Ready for Winter Storm; Offer Tips to Stay Safe and Warm During Extreme Cold

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FirstEnergy (NYSE: FE) says crews and contractors are staged and its 24/7 incident command structure is active as a winter storm brings snow and extreme cold across its six‑state service area through next week. The company highlighted routine winter prep: year‑round tree trimming, pre‑winter equipment checks, aerial inspections, staffing reviews, postponement of nonessential outages and coordination with grid operators. FirstEnergy cited its $28 billion Energize365 program as a major system upgrade initiative and provided customer safety tips, outage reporting numbers and links for bill assistance.

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Positive

  • $28 billion Energize365 program to upgrade equipment and boost reliability
  • Activated 24/7 incident command and contractor coordination for rapid response

Negative

  • None.

News Market Reaction – FE

-1.04%
1 alert
-1.04% News Effect

On the day this news was published, FE declined 1.04%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Energize365 investment: $28 billion Customers served: 6 million customers Transmission network: 24,000 miles +2 more
5 metrics
Energize365 investment $28 billion Program to strengthen electric system and boost reliability
Customers served 6 million customers Electric distribution footprint across six U.S. states
Transmission network 24,000 miles Approximate miles of transmission lines operated
Energy-saving tips 12 tips Suggested ways to save energy and stay safe during extreme cold
Space heater clearance 3 feet Recommended minimum distance from anything that can burn

Market Reality Check

Price: $50.02 Vol: Volume 4,936,400 is 1.23x...
normal vol
$50.02 Last Close
Volume Volume 4,936,400 is 1.23x the 20-day average of 4,014,625, indicating slightly elevated trading interest ahead of the storm. normal
Technical Shares at $47.05 are trading above the 200-day MA $43.54 and about 2.39% below the 52-week high of $48.20.

Peers on Argus

FE is down 0.68%, while at least five regulated electric peers (AEE, ES, EIX, PP...

FE is down 0.68%, while at least five regulated electric peers (AEE, ES, EIX, PPL, WEC) also show intraday declines between about 0.23% and 1.43%, suggesting a broader utilities pullback rather than company-specific pressure from this operations-focused weather update.

Historical Context

5 past events · Latest: Jan 13 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 13 Earnings call scheduling Positive +1.9% Announced timing and access details for Q4 and full-year 2025 results call.
Jan 09 Philanthropy grant Positive -0.1% FirstEnergy Foundation granted $25,000 to support Pennsylvania milk assistance program.
Jan 08 PUCO settlement terms Positive +0.3% PUCO approved settlement delivering $275 million in customer benefits and credits.
Jan 08 Debt exchange offer Neutral +0.3% Extended exchange offer for up to $450 million of 4.750% senior notes due 2033.
Dec 19 Settlement agreement Neutral -0.9% Reached settlement to resolve PUCO proceedings and direct $275 million to Ohio customers.
Pattern Detected

Recent headlines, including settlements and financing actions, have mostly seen price moves that align modestly with the underlying sentiment, with occasional divergences around regulatory settlements and philanthropic news.

Recent Company History

This announcement focuses on winter storm readiness and customer safety, consistent with FirstEnergy’s emphasis on reliability and grid resilience. Recent news included PUCO settlements returning $275 million to Ohio customers and outlining $14 billion in Ohio grid investment through 2029, plus an exchange offer for $450 million in senior notes. A webcasted earnings call is scheduled for mid‑February 2026. Together, these updates depict a utility managing regulatory resolutions, capital structure and long-term infrastructure spending while communicating proactively with customers and investors.

Market Pulse Summary

This announcement highlights FirstEnergy’s readiness for an approaching winter storm, emphasizing sa...
Analysis

This announcement highlights FirstEnergy’s readiness for an approaching winter storm, emphasizing safety guidance, outage reporting tools and ongoing reliability investments, including the $28 billion Energize365 program. It complements recent developments such as PUCO settlements directing $275 million to Ohio customers and planned $14 billion in Ohio grid investment through 2029. Investors may watch how severe weather, regulatory outcomes and infrastructure programs interact with upcoming earnings and longer-term capital plans.

AI-generated analysis. Not financial advice.

AKRON, Ohio, Jan. 23, 2026 /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. Many areas are also expecting snow, and crews are preparing for the extra challenges that heavy snowfall can create for both equipment and travel.

FirstEnergy line crews will be ready to assist if the storm causes any power outages. Light, fluffy snow – even in large amounts – typically has less impact because it doesn't stick to tree branches and power lines. Wet, heavy snow and ice can create more issues by weighing down branches and wires. Snow covered roads can also slow travel, which may slightly extend restoration times in some areas. Even so, our teams are prepared and will work as safely and quickly as possible to get the lights back on.

To help manage the weather safely and efficiently, we've activated our around‑the‑clock incident command structure so teams across our service area can coordinate restoration work, equipment needs and field support as conditions change.

We're also in close contact with other utilities and outside contractors so additional crews can be brought in quickly if the storm creates widespread damage. This ensures we have the people and resources needed to respond as soon as outages occur.

A video playlist of utility personnel discussing winter power restoration activities is available on YouTube.

How We Prepare for Winter Weather

FirstEnergy prepares early so our system is ready when winter weather hits. Here are some of the steps we take to help keep power reliable during extreme winter weather:

  • Ongoing, year‑round tree trimming keeps branches and brush away from power lines to reduce outages during snow, ice and high winds.
  • Major equipment upgrades through the $28 billion Energize365 program strengthen the electric system and boost reliability.
  • Routine aerial inspections throughout the year identify equipment or vegetation issues that aren't visible from the ground, allowing crews to address them before they impact service.
  • Key equipment and vehicles are inspected before winter to ensure everything is in proper working condition.
  • Staffing levels are reviewed so crews are ready to respond quickly to any localized outages.
  • Non‑essential planned outages are postponed in areas expecting dangerously cold weather.
  • Close coordination with the regional grid operator and other utilities ensures the grid continues running smoothly during extreme temperatures.

How Customers Can Prepare

Using energy wisely during extreme cold not only helps keep bills in check, it also keeps you safe and reduces strain on the electric system when demand is highest. Even small steps at home can make a big difference during a cold snap.

Here are 12 quick ways to save energy and stay safe during extreme cold:

  • Keep space heaters 3 feet from anything that can burn.
  • Don't leave space heaters or electric blankets unattended.
  • Never fold an electric blanket while it's on.
  • Use only indoor‑rated heaters inside.
  • Run generators outdoors, away from windows and vents.
  • Pre‑charge phones and other devices and keep flashlights and extra batteries handy.
  • Layer clothing or use blankets instead of raising the thermostat.
  • Run ceiling fans clockwise on low to push warm air down.
  • Close the fireplace damper when not in use.
  • Seal drafts with caulk or weather stripping.
  • Keep vents free of obstructions.
  • Turn off non-essential appliances, equipment and electric lights that you are not using.

Want more ways to save? Visit firstenergycorp.com/saveenergy for tools and programs to help you take control of your energy use.

Need help with your bill? Explore bill assistance programs and budget billing options that help manage monthly costs at firstenergycorp.com/billassist.

How to Report an Outage

If you lose power during the storm, report your outage by:

  • Calling 1-888-LIGHTSS (1-888-544-4877)
  • Texting OUT to LIGHTS (544487)
  • Clicking the "Outages" link on firstenergycorp.com

Get Outage Updates

FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com. Follow FirstEnergy on X: @FirstEnergyCorp.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/firstenergy-crews-ready-for-winter-storm-offer-tips-to-stay-safe-and-warm-during-extreme-cold-302669218.html

SOURCE FirstEnergy Corp.

FAQ

How is FirstEnergy (FE) preparing for the January 2026 winter storm?

FirstEnergy activated a 24/7 incident command, inspected equipment, reviewed staffing and coordinated with contractors and grid operators.

What is the impact of the $28 billion Energize365 program mentioned by FirstEnergy (FE)?

The company says Energize365 funds major equipment upgrades intended to strengthen the electric system and boost reliability.

How can FirstEnergy (FE) customers report outages during the storm on January 23, 2026?

Report outages by calling 1-888-LIGHTSS (1-888-544-4877), texting OUT to 544487, or using the Outages link at firstenergycorp.com.

What energy‑saving and safety tips did FirstEnergy (FE) recommend for extreme cold?

Tips include keeping space heaters 3 feet from combustibles, precharging devices, layering clothing, sealing drafts, and turning off nonessential appliances.

Will heavy, wet snow affect restoration times for FirstEnergy (FE)?

Yes; FirstEnergy warns wet, heavy snow and icy roads can weigh down lines and slow travel, which may extend restoration times in some areas.
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Utilities - Regulated Electric
Electric Services
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United States
AKRON