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 (NYSE: FE) has appointed Tabrina L. Davis as Vice President, Communications, effective May 19. Davis will be responsible for developing and executing FirstEnergy's internal and external communications strategies, reporting directly to CEO Brian X. Tierney and joining the Executive Council.
Davis brings 20 years of communications leadership experience, most recently serving as VP of Communications, Marketing and Digital Strategy at Methodist Le Bonheur Healthcare. She previously held leadership positions at Wyn-Win Communications, Northrop Grumman, and Presence Health. Notably, Davis has utility industry experience from her 12-year tenure at ComEd, where she rose to VP of Communications.
She holds bachelor's and master's degrees in journalism and mass communication from Illinois State University and the University of Iowa, respectively.
Mon Power, a FirstEnergy Corp. (NYSE: FE) subsidiary, has planted and donated over 2,700 trees across its West Virginia service area this spring through its Green Team volunteer initiatives. The effort included tree plantings and giveaways in multiple locations including Fairmont, Hinton, Morgantown, Parkersburg, and Weirton. Notable projects included planting 1,200 trees in the Morgantown area and establishing pollinator gardens in Marion County parks.
This initiative is part of FirstEnergy's broader environmental commitment, with approximately 16,000 trees planted throughout its six-state service territory in 2025. The company's Green Teams, operating across five states, partner with various environmental organizations to promote sustainability and reduce FirstEnergy's carbon footprint.
The FirstEnergy Foundation has donated $25,000 to the American Red Cross to support disaster assistance efforts in communities served by FirstEnergy's Jersey Central Power & Light (JCP&L). The donation follows the Red Cross's response to the Jones Road Wildfire in Ocean County, which burned over 15,000 acres and forced the evacuation of 5,000 residents in April. The fire threatened more than 1,300 structures, leading to mandatory evacuations for 3,000 residents in Ocean and Lacey townships. JCP&L temporarily cut power to over 25,000 customers for firefighter safety. The Red Cross provided shelter, care, and meals to more than 300 people and supported first responders during the crisis.
FirstEnergy (NYSE: FE) is conducting proactive aerial inspections of nearly 5,000 miles of high-voltage power lines across its six-state service area using infrared and ultraviolet (IR/UV) technology. The inspections, performed every four years, help detect early-stage equipment issues that are often invisible during regular visual inspections. The low-flying helicopter patrols, operating at 25-35 mph, use specialized cameras to identify potential problems like loose connections, corrosion, and cracked insulators.
Current completion rates vary by region: Ohio (64% of 1,046 miles), Pennsylvania (50% of 2,220 miles), New Jersey (42% of 630 miles), and West Virginia & Maryland (20% of 648 miles). This initiative is part of FirstEnergy's Energize365 program, which includes $28 billion in planned investments between 2025-2029 to create a smarter, more secure grid capable of meeting future energy demands.
FirstEnergy has achieved the Compliance Leader Verification for 2025-2026 from Ethisphere, demonstrating excellence in corporate ethics and compliance programs. The company's commitment to ethical business practices was validated through a rigorous review process focusing on six key areas.
The company's Vice President and Chief Ethics and Compliance Officer Antonio Fernández received the 2025 Business Ethics Leadership Alliance (BELA) Beacon Award for his contributions to the ethics community. CEO Brian X. Tierney emphasized how integrity and accountability have become fundamental to FirstEnergy's operations.
The verification process included completing the Ethics Quotient assessment, benchmarking against World's Most Ethical Companies, and comprehensive document reviews. The evaluation covered program structure, ethical culture, written standards, training, risk assessment, and enforcement measures, marking FirstEnergy's transformation toward becoming a premier electric company.
FirstEnergy is working around the clock to restore power to over 385,000 customers affected by severe thunderstorms across Pennsylvania and West Virginia. As of April 30, 2025, power has been restored to approximately 156,000 customers, with restoration efforts continuing over several days.
The storm system brought winds exceeding 70 mph, causing widespread tree-related damage, broken poles, and downed power lines. More than 3,400 workers, including 2,000 lineworkers and support personnel from sister companies and mutual aid organizations, are involved in the restoration effort.
Current outages include:
- West Penn Power: 143,000 customers without service
- Penelec: 48,000 customers affected
- Penn Power: 3,800 customers without power
- Mon Power: 16,500 customers impacted, with Weirton area most affected
The company follows a systematic restoration process, prioritizing transmission facilities and critical services like hospitals. Customers can track updates through FirstEnergy's 24/7 Power Center.
CRA International has announced its role as Auction Manager for FirstEnergy's Ohio utilities' competitive bidding process. The auction, scheduled for June 24, 2025, will procure full requirements service for Standard Service Offer customers of Ohio Edison, The Illuminating Company, and Toledo Edison.
Key details:
- Format: Descending-price clock auction
- Information Session: May 7, 2025, via Zoom
- Part 1 Applications: May 8-21, 2025
- Part 2 Applications: Begins May 28, 2025
The auction process has received approval from the Public Utilities Commission of Ohio (PUCO). Interested bidders can find complete information and registration details at firstenergycbp.com.
JCP&L, a FirstEnergy Corp. (NYSE: FE) subsidiary, received approval from the New Jersey Board of Public Utilities for its EnergizeNJ infrastructure investment program. The company will invest over $202.5 million over 3.5 years starting July 1 to upgrade its electric distribution grid in northern and central New Jersey.
The program includes:
- $20.4 million for Grid Modernization with TripSaver II devices
- $128.9 million for System Resiliency improvements
- Substation Modernization upgrades
Additional investments of $132 million in matching projects are planned, including $18 million for coastal substation components and $9 million for mobile substations. The impact on typical residential customers using 777 kWh monthly will be $0.86 (0.6%) per month. This initiative is part of FirstEnergy's broader Energize365 program, which plans $28 billion in investments between 2025-2029.