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.
The FirstEnergy Foundation has distributed over $2 million in charitable contributions during the first half of 2025 to support local nonprofits. The foundation granted nearly $1.1 million for community needs including hunger relief, youth education, and disaster relief efforts, while their employee-driven United Way Campaign generated over $1 million with company matching contributions.
The foundation supported more than 800 organizations directly and 104 United Way agencies. FirstEnergy employees have contributed nearly 5,000 volunteer hours through the company's Volunteer Time Off program, which provides 16 hours annually per employee. The company is currently seeking a new Foundation leader following Lorna Wisham's retirement, with Amanda Mertens Campbell serving as interim leader.
FirstEnergy Corp. (NYSE: FE) subsidiary Mid-Atlantic Interstate Transmission Company (MAIT) has launched a helicopter-based tree trimming operation using an aerial saw along more than 400 miles of high-voltage power lines in Pennsylvania. The initiative, part of FirstEnergy's $51 million vegetation management program, covers 16 counties in the Penelec service area and will continue through the end of 2025.
The aerial saw, equipped with 24-inch rotary blades, can cut tree limbs 8-10 inches in diameter and is particularly effective in environmentally sensitive or hard-to-access areas. This method is significantly more efficient than traditional ground crews, completing in one day what might take a ground team a week. The project is part of a larger initiative to trim trees along 4,100 miles of power lines in the Penelec area, serving approximately 597,000 customers across 17,600 square miles.
FirstEnergy (NYSE: FE) subsidiary Mon Power is deploying a helicopter-mounted aerial saw to trim trees along more than 230 miles of high-voltage transmission lines across 19 West Virginia counties through the end of 2025. The aerial saw, equipped with 24-inch rotary blades, can cut limbs 8-10 inches in diameter and is specifically used in environmentally sensitive or hard-to-access areas.
This efficient method can cover more area in one day than a ground crew could complete in a week, while eliminating worker safety risks. Additionally, Mon Power has already trimmed trees along 1,700 miles of distribution power lines and plans to complete an additional 3,500 miles of tree-trimming work by year-end. The initiative aims to prevent tree-related power outages and maintain system reliability for Mon Power's 395,000 customers across 34 West Virginia counties.
FirstEnergy Corp. (NYSE: FE) is implementing a proactive safety measure by temporarily suspending streetlight service in several Lake Erie communities during mayfly season. The initiative, affecting Port Clinton, Marblehead, and Erie Township, aims to prevent hazardous driving conditions caused by mayfly swarms attracted to streetlights. The seasonal suspension will begin in preparation for the mayfly emergence in late June and continue until September.
Mayflies, which emerge from Lake Erie's mud and live only 24-72 hours, can create dangerous road conditions due to the oily residue their carcasses leave behind. Ohio Edison, serving over 1 million customers across 34 Ohio counties, will resume streetlight service once the hatching season ends. The company advises pedestrians and cyclists to take extra precautions when traveling along affected roads, including wearing bright clothing and using sidewalks.
FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison have announced various programs and tools to help customers manage their electricity bills in West Virginia. The company is offering several key initiatives including:
The Average Payment Plan (APP), a budget billing option that spreads annual costs across 12 months to manage seasonal variations. Through MyAccount, customers can access the Analyze Usage tool for personalized energy-saving insights and usage tracking. The company also provides bill assistance programs and payment plans for qualifying customers.
Additionally, FirstEnergy shares energy-saving tips including weatherstripping, HVAC maintenance, and proper thermostat placement. Mon Power serves about 395,000 customers in West Virginia, while Potomac Edison serves 155,000 customers in the state's Eastern Panhandle.
Potomac Edison, a FirstEnergy Corp. (NYSE: FE) subsidiary, has announced various programs and tools to help customers manage their electricity bills as summer approaches. The company's key offerings include:
The Average Payment Plan (APP), a budget billing solution that spreads annual costs across 12 months to manage seasonal fluctuations. Through MyAccount, customers can access the Analyze Usage tool for personalized energy-saving insights and usage tracking. The company also provides bill assistance programs and payment plans for customers experiencing difficulties.
Additionally, Potomac Edison shared energy-saving tips including weatherstripping, HVAC maintenance, proper thermostat placement, and regular filter changes. The company serves approximately 285,000 customers in Maryland and 155,000 customers in West Virginia.
FirstEnergy (NYSE: FE) is deploying advanced LiDAR technology to manage vegetation along 7,100 miles of high-voltage power lines across its service area. The helicopter-based laser scanning system creates detailed 3D maps of terrain, power lines, and vegetation, enabling proactive identification of potential hazards. This initiative, running through fall 2025, has already helped inspect over 100,000 miles of transmission lines since 2016, reducing manual patrols by up to 50%.
The program is part of Energize365, FirstEnergy's grid evolution initiative with planned investments of $28 billion between 2025-2029. The technology enhancement supports vegetation management across Ohio, Pennsylvania, New Jersey, Maryland, West Virginia, and Virginia, serving over six million customers while improving service reliability and operational efficiency.
FirstEnergy Corp. (NYSE: FE) has appointed Michael Auseré as Vice President of Financial Planning and Analysis, effective June 2. Reporting to CFO Jon Taylor, Auseré will oversee the company's long-range planning and budgeting processes to support financial objectives and strategic initiatives. With over 25 years of energy industry experience, Auseré joins from Eversource Energy, where he served as VP of Business Development. His previous roles include VP of Financial Planning at Eversource, financial positions at Energy Future Holdings, and public accounting at PwC. FirstEnergy serves over 6 million customers across six states and operates more than 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions.