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.
FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison have submitted an Integrated Resource Plan (IRP) to West Virginia regulators outlining their 10-year power delivery strategy. The preferred plan includes maintaining existing Fort Martin and Harrison Power Stations while proposing a new 1,200-megawatt natural gas combined-cycle unit for 2031 and 70 megawatts of utility-scale solar by 2028.
The IRP aims to balance reliability, affordability, and local investment while supporting Governor Morrisey's "50 by 50" initiative to increase state energy capacity to 50 gigawatts by 2050. The plan addresses growing power demands from data centers and advanced manufacturing, with Mon Power serving 395,000 customers in West Virginia and Potomac Edison serving 155,000 customers in the Eastern Panhandle.
CRA International (NASDAQ: CRAI) announced it will manage a Request for Proposal (RFP) process for FirstEnergy Corp.'s Ohio subsidiaries to procure Renewable Energy Credits (RECs). The RFP seeks both solar and non-solar RECs that must be eligible for the Companies' 2025 renewable energy obligations.
The RECs must be sourced from PUCO-certified facilities, deliverable through PJM Environmental Information System, and generated between January 1, 2023, and December 31, 2025. An RFP Overview Webinar for prospective bidders is scheduled for October 2, 2025, with final submissions due by November 4, 2025.
FirstEnergy (NYSE: FE) has scheduled its third quarter and first nine months 2025 earnings release for October 22, 2025 after market close. Management will host a conference call with financial analysts on October 23, 2025, at 9 a.m. EDT, followed by a Q&A session.
The company will provide a live webcast and presentation slides through its Investor Information website, with materials remaining accessible for up to one year. FirstEnergy serves over 6 million customers across six states through its electric distribution companies and operates 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions.
[]FirstEnergy Corp. (NYSE: FE) has announced its Board of Directors has declared a quarterly dividend of 44.5 cents per share on its outstanding common stock. The dividend will be payable on December 1, 2025, to shareholders of record as of November 7, 2025.
FirstEnergy operates one of the nation's largest investor-owned electric systems, serving over 6 million customers across six states including Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries manage approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions.
["Consistent dividend payment demonstrates financial stability", "Large customer base of over 6 million across six states", "Extensive transmission infrastructure with 24,000 miles of lines"]FirstEnergy (NYSE: FE) has announced assistance programs to help Ohio customers manage their summer electric bills. The company's main initiative, the Home Energy Assistance (HEAP) Summer Crisis Program, offers eligible customers up to $500 in one-time assistance through September 30, 2025, for bill payments, air conditioning repairs, and equipment purchases.
The company serves over 2 million customers across Ohio through its subsidiaries Ohio Edison, The Illuminating Company, and Toledo Edison. Additional year-round assistance programs include the Percentage of Income Payment Plan Plus (PIPP Plus), Project REACH, Community Outreach Opportunity Program (CO-OP), Ohio Fuel Fund, and Neighbors Helping Neighbors.
FirstEnergy (NYSE:FE) subsidiary Potomac Edison announced that its Maryland residential customers will receive Legislative Energy Relief Refund bill credits starting September 2025. The initiative, part of the Next Generation Energy Act passed in April, aims to help customers manage rising electricity costs.
Eligible customers will receive two automatic bill credits - one in September 2025 and another in January/February 2026. To qualify, customers must have had an active residential account as of June 1, 2025, with recorded usage between April 2024 and March 2025. The credits, funded through utility and electricity supplier payments under Maryland's renewable energy laws, will not be charged back to customers.
Potomac Edison serves approximately 285,000 customers in Maryland and offers additional support through bill assistance programs, energy efficiency tools, and energy-saving resources.
FirstEnergy (NYSE: FE) has appointed Brooke Trammell as Vice President of Transmission Strategy and Engagement, effective September 8, 2025. In this key leadership role, Trammell will oversee strategic planning, policy advocacy, and strategic ventures for FirstEnergy's transmission business, while managing PJM engagement and transmission partnerships.
Trammell joins FirstEnergy from Xcel Energy, where she most recently served as Regional Vice President of Regulatory & Pricing. She brings over a decade of experience in regulatory strategies, policy development, and infrastructure project approvals. Her expertise spans multiple regional markets including SPP, ERCOT, and the West.
FirstEnergy (NYSE: FE) has announced a major reliability enhancement project in Adams County, Pennsylvania, through its subsidiary Mid-Atlantic Interstate Transmission (MAIT). The East Germantown-Germantown Reliability Project includes construction of a new substation and a 115-kilovolt transmission line, set to be completed by March 2026.
The project will serve 2,300 residents and businesses, including critical facilities like Hanover Hospital and WellSpan Health. It's part of FirstEnergy's broader $28 billion Energize365 investment program (2025-2029) and will provide an additional power source, improve operational flexibility, and enable faster service restoration during outages.
FirstEnergy Corp. (NYSE: FE) has completed significant electric service upgrades in Westmoreland County, Pennsylvania, benefiting 2,300 West Penn Power customers in Unity and Hempfield townships. The project, part of a $368 million Long Term Infrastructure Improvement Plan (LTIIP III), includes installing new, larger wires, utility poles, and equipment along White School Road.
The upgrades feature one mile of new wiring, 10 wooden utility poles, 22 crossarms, and several transformers. The improvements will enhance service reliability, reduce outages, and support local growth. This initiative is part of FirstEnergy's broader $28 billion Energize365 investment program planned for 2025-2029 to modernize the electric grid across its service areas.
FirstEnergy Foundation (NYSE: FE) has provided a $100,000 grant to the United Way of Berks County's Big Cheese event, enabling the creation of 500,000 meals for families facing food insecurity - double the previous year's output. The event, held at Penn State's Berks Campus, brought together 1,000 volunteers to package meals including macaroni and cheese, rice, beans, and oatmeal.
The initiative addresses critical needs in Berks County, where one in five residents face food insecurity, including 25,000 children. Through the first half of 2025, the FirstEnergy Foundation has granted nearly $2 million to support various community initiatives.