FirstEnergy Foundation Helps Power the Future with $10,000 Grant to York College

Rhea-AI Summary

FirstEnergy Foundation (NYSE: FE) awarded a $10,000 grant to York College of Pennsylvania on December 1, 2025 to support the college's Electrical Engineering program in the Kinsley School of Engineering, Sciences and Technology. The grant will fund advanced power engineering tools and lab simulations to give students hands-on experience with power generation, transmission and renewable energy systems.

York College's program enrolls nearly 60 students. FirstEnergy previously supported the college with a $15,000 grant for Summer JumpStart and employee volunteer mentorship.

News Market Reaction

-2.70%

1 alert

-2.70% News Effect

On the day this news was published, FE declined 2.70%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

York College grant: $10,000 Program enrollment: nearly 60 students Job growth rate: 7% +2 more

5 metrics

York College grant $10,000 FirstEnergy Foundation grant to Electrical Engineering program

Program enrollment nearly 60 students York College electrical engineering program size

Job growth rate 7% Projected electrical engineering job increase 2024–2034 (BLS)

New positions nearly 20,000 Projected additional electrical engineering jobs 2024–2034

Prior STEM grant $15,000 FirstEnergy Foundation grant to Summer JumpStart program last year

Market Reality Check

Price: $47.33 Vol: Volume 4,857,013 is close...

normal vol

$47.33 Last Close

Volume Volume 4,857,013 is close to the 20-day average of 4,835,812, suggesting typical trading interest before this release. normal

Technical Price at $44.08 was trading above the 200-day MA of $42.75, indicating a pre-existing upward bias versus longer-term trend.

Peers on Argus

Peer utilities showed mixed moves (e.g., AEE -0.49%, EIX +0.38%, PPL +0.45%), in...

Peer utilities showed mixed moves (e.g., AEE -0.49%, EIX +0.38%, PPL +0.45%), indicating no clear sector-wide trend aligned with FE’s modest -0.83% move.

Historical Context

5 past events · Latest: Dec 05 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 05	Debt exchange offer	Neutral	-0.5%	Exchange of <b>$450 million</b> 4.750% notes for registered notes only.
Dec 01	Grid investment update	Positive	-2.7%	Announced <b>$368 million</b> LTIIP III grid upgrades for West Penn district.
Dec 01	Education grant	Positive	-2.7%	Awarded a <b>$10,000</b> grant to support York College engineering program.
Dec 01	Customer assistance	Positive	-2.7%	Promoted Universal Service Fund assistance and free in-person application support.
Nov 20	Solar operations	Positive	+0.7%	Described solar grazing using <b>350 sheep</b> under <b>50,000</b> panels at a <b>30 MW</b> program.

Pattern Detected

Recent FE news has often been operational or community-focused. Several positive grid, community support and customer assistance updates on Dec 1, 2025 coincided with -2.7% moves, suggesting the stock has not consistently traded higher on such announcements.

Recent Company History

Over the last few weeks, FirstEnergy has highlighted grid investments, community support, and clean energy initiatives. On Nov 20, 2025, Mon Power showcased solar grazing at a 30 MW program, with a modest 0.71% gain. On Dec 1, 2025, FE reported a $368 million LTIIP III grid project, customer assistance via the Universal Service Fund, and community and education support including today’s $10,000 York College grant. Despite these constructive themes, FE shares fell about 2.7% around several of those Dec 1 items, indicating that such qualitative positives have not always driven near-term price strength.

Market Pulse Summary

This announcement spotlights FirstEnergy Foundation’s role in workforce development through a $10,00...

Analysis

This announcement spotlights FirstEnergy Foundation’s role in workforce development through a $10,000 grant to York College’s electrical engineering program, after a prior $15,000 STEM-related grant. It complements recent themes of grid modernization and clean energy deployment in prior news. Investors following the story may focus on how such initiatives support long-term talent pipelines alongside the company’s regulated investment plans, while monitoring upcoming financial guidance, regulatory developments, and capital allocation updates.

Key Terms

renewable energy systems

1 terms

renewable energy systems technical

"students will tackle real-world challenges of power generation, transmission and renewable energy systems in a controlled space"

Renewable energy systems are the technologies and infrastructure that produce electricity or heat from naturally replenished sources such as sunlight, wind, flowing water, geothermal heat, and organic material — examples include solar panels, wind turbines, hydro plants, batteries and the equipment that connects them to the grid. Investors care because these systems change a company’s cost and revenue outlook, reduce exposure to volatile fuel prices and carbon rules, and often benefit from long-term demand and policy support; think of installing solar panels that cut ongoing energy bills and lock in predictable costs.

AI-generated analysis. Not financial advice.

YORK, Pa., Dec. 1, 2025 /PRNewswire/ -- The FirstEnergy Foundation is helping York College of Pennsylvania power up the next generation of electrical engineers with a $10,000 grant. The funding will strengthen the college's Electrical Engineering program in the Kinsley School of Engineering, Sciences and Technology, giving students hands-on experience with the same cutting-edge technology that keeps our communities running every day.

Learning That Goes Beyond the Textbook
The funds will provide York College students with access to advanced power engineering tools and lab simulations that help bring learning to life as the need for skilled electrical engineers continues to grow. Instead of just reading about concepts, students will tackle real-world challenges of power generation, transmission and renewable energy systems in a controlled space. Turning classroom lessons into practical experience helps graduates leave ready and confident to keep our communities energized.

John Hawkins, President of FirstEnergy Pennsylvania: "This is a great opportunity for us to support York College and the students who will power our communities for years to come. The investment is a win-win because it helps create a steady pipeline of talented graduates with electrical engineering skills – which are in high demand – to meet the workforce needs of local businesses, including FirstEnergy."

York College's electrical engineering program teaches students the skills they need for a wide range of careers like designing and managing the power grid to creating renewable energy solutions and beyond. The program enrolls nearly 60 students, and the demand for their skills is growing fast. According to the U.S. Bureau of Labor Statistics, electrical engineering jobs are projected to increase by 7% from 2024 to 2034, adding nearly 20,000 new positions plus thousands more as experienced engineers retire.

Kala Meah, Professor and Chair of Department of Electrical & Computer Engineering and Computer Science at York College: "I would like to personally thank the FirstEnergy Foundation for its generous gift to support and enhance power engineering education at York College of Pennsylvania. This contribution will strengthen hands-on, real-world problem-solving opportunities in our classrooms. With this support, our future power engineers will gain the experience they need to help build a better world."

Collaborating to Make a Difference
This isn't the first time FirstEnergy has teamed up with York College. Last year, the FirstEnergy Foundation supported the college's Summer JumpStart program with a $15,000 grant to help underprivileged high school students in York City explore careers in science, technology, engineering and mathematics fields. FirstEnergy and Met-Ed employees have also volunteered countless hours of their time over the years to mentor York College students and share real-world insights from the electric utility industry.

About the FirstEnergy Foundation
The FirstEnergy Foundation provides support to 501(c)(3) tax-exempt nonprofits that serve and meet the critical needs of customers in communities served by FirstEnergy's electric operating companies and in areas where the company conducts business. The Foundation has distributed more than $5.5 million in community support across FirstEnergy's service area to date in 2025.

The FirstEnergy Foundation does not accept unsolicited grant applications. For more information about grant opportunities or corporate sponsorships, visit the FirstEnergy Foundation webpage or email inquiries to FirstEnergy's Community Involvement team.

FirstEnergy Corp. (NYSE: FE) 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 more than 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 and on X @FirstEnergyCorp.

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SOURCE FirstEnergy Corp.

FAQ

What did FirstEnergy Foundation announce on December 1, 2025 regarding York College (FE)?

The foundation announced a $10,000 grant to support York College's Electrical Engineering program and fund advanced power engineering tools.

How will the $10,000 FirstEnergy (FE) grant be used at York College?

Funds will provide access to advanced power engineering tools and lab simulations for hands-on training in generation, transmission and renewables.

How many students are enrolled in York College's electrical engineering program supported by FirstEnergy (FE)?

The program enrolls nearly 60 students.

Has FirstEnergy (FE) previously funded programs at York College?

Yes; last year the FirstEnergy Foundation gave a $15,000 grant to support the college's Summer JumpStart program and employees have volunteered as mentors.

What is the expected benefit of FirstEnergy's (FE) grant for local employers?

The grant aims to strengthen the pipeline of graduates with electrical engineering skills to meet local workforce needs, including FirstEnergy.

Does the December 1, 2025 FirstEnergy (FE) grant change company financial guidance or stock terms?

No financial guidance, stock issuance or material financial changes were announced in connection with this $10,000 grant.