Grid Upgrades Aim to Reduce Outages, Speed Power Restoration for Westmoreland County Customers
Rhea-AI Summary
FirstEnergy (NYSE: FE) said FE Pennsylvania Electric Company (West Penn Power) is rebuilding a key section of the Westmoreland County grid as part of a $368 million Long Term Infrastructure Improvement Plan (LTIIP III) investment for the West Penn district. The project upgrades over a mile of stronger wire, replaces more than 50 poles, 10 transformers and other hardware, adds 8 remote reclosing switches, clears vegetation and installs a new tie line.
The work began in August, is expected to finish this month and should reduce outages and speed restorations for nearly 5,000 customers in New Kensington, Arnold and Lower Burrell. It is part of FirstEnergy's $28 billion Energize365 program (2025–2029).
Positive
- $368 million LTIIP III investment for West Penn district
- Infrastructure benefits for nearly 5,000 customers
- Installation of 8 remote reclosing switches to speed restoration
- Replacement of 50+ poles, 10 transformers and other hardware
- Project is near completion (started August, wrapping up this month)
- Part of $28 billion Energize365 modernization program (2025–2029)
Negative
- None.
News Market Reaction
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
Market Reality Check
Peers on Argus
Large regulated electric peers showed mixed, generally modest moves, with AEE and ES down about 0.49% and EIX and PPL up 0.38% and 0.45%, suggesting today’s slight -0.83% move in FE was more stock-specific than a broad sector shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 05 | Debt exchange offer | Neutral | -0.5% | Exchange of <b>$450M</b> 4.750% notes for registered notes only. |
| Dec 01 | Grid upgrade project | Positive | -2.7% | Announced Westmoreland grid rebuild under <b>$368M</b> LTIIP III plan. |
| Dec 01 | Education grant | Positive | -2.7% | FirstEnergy Foundation awarded a <b>$10,000</b> grant to York College. |
| Dec 01 | Customer assistance | Neutral | -2.7% | Outlined assistance for customers using New Jersey’s Universal Service Fund. |
| Nov 20 | Solar grazing ESG | Positive | +0.7% | Used about <b>350</b> sheep to manage vegetation at <b>18.9 MW</b> solar site. |
Recent community and infrastructure-related announcements often coincided with flat-to-negative next-day moves, indicating a pattern where positive operational news did not consistently translate into short-term price strength.
Over the last several weeks, FirstEnergy issued a series of operational and capital-markets updates. A Dec 5 exchange offer for $450 million of 4.750% notes was positioned as a non-new-financing transaction. On Dec 1, multiple community- and customer-focused releases, including the Westmoreland grid upgrade and a $10,000 education grant, were followed by share price declines near -2.7%. Earlier, ESG-oriented news like solar grazing at an 18.9 MW site drew a modestly positive reaction. Today’s grid upgrade fits this theme of reliability and infrastructure investment.
Market Pulse Summary
This announcement detailed targeted grid upgrades in Westmoreland County intended to cut outages and speed restoration for nearly 5,000 customers as part of a $368 million LTIIP III commitment. It also reinforced FirstEnergy’s broader $28 billion Energize365 program for 2025–2029. Within recent filings, the company emphasized long-term earnings growth and ongoing regulatory considerations, so investors may watch execution on these projects, regulatory outcomes, and future capital-planning disclosures as key markers of progress.
Key Terms
reclosing switches technical
Long Term Infrastructure Improvement Plan (LTIIP) regulatory
AI-generated analysis. Not financial advice.
Electric service upgrades part of
Smarter Grid, Stronger Service
Crews are upgrading two local power lines – one on 7th Street Road between
Other work includes:
- New equipment: Replacing more than 50 wooden utility poles, 97 crossarms, 10 transformers, 22 fuses and 38 lightning-protection devices to harden the system.
- Tree trimming: Clearing vegetation along the lines to reduce the risk of tree-related outages.
- Remote Switching: Adding eight reclosing switches that shut off power when trouble occurs and automatically restore service within seconds for certain types of outages. The switches also help crews find problems faster and reroute electricity remotely.
- New Tie Line: Linking two local power lines to make it easier to shift customers from one line to another when repairs are needed.
John Hawkins, FirstEnergy
Photos of remote-controlled switches and crews installing wire in
The project started in August and is expected to wrap up this month.
Part of a Larger Plan
The upgrades are part of FE PA's Long Term Infrastructure Improvement Plan (LTIIP) III, which fast-tracks important investments in electric system reliability. The LTIIP III investment for the West Penn district's service area is
LTIIP is part of Energize365, FirstEnergy's long-term investment program to modernize the electric grid. FirstEnergy plans to invest
West Penn Power serves approximately 725,000 customers in 24 counties within central and southwestern
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 more than 6 million customers in
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SOURCE FirstEnergy Corp.