Welcome to our dedicated page for Firstenergy news (Ticker: FE), a resource for investors and traders seeking the latest updates and insights on Firstenergy stock.
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) reports restoration of nearly 478,000 of about 655,400 customers who lost power after winds over 70 mph on March 14, 2026. Crews and more than 3,400 outside contractors are working 24/7 to restore remaining outages over the next few days.
Ohio and western Pennsylvania were hardest hit; estimated restoration times (ETRs) will be posted on outage maps and updated as repairs progress.
FirstEnergy (NYSE: FE) warned customers on March 12, 2026, that a severe windstorm may produce peak gusts of 50–75 mph in parts of its Ohio and Pennsylvania service areas and 35–60 mph gusts in other territories.
The company has activated its incident command structure, mobilized internal and contractor crews, forestry and damage-assessment teams, and outlined restoration priorities and customer outage-reporting steps.
FirstEnergy (NYSE: FE) said its transmission unit, FirstEnergy Transmission LLC, was selected by PJM to build multiple reliability projects in Ohio and Pennsylvania, with FET investing about $950 million to modernize equipment, rebuild lines and upgrade substations.
Key elements include Grid Growth Ventures' nearly 200 miles of new 765-kV line and a project cost estimated at $1.2 billion, plus ATSI and MAIT work totaling about $459 million.
FirstEnergy (NYSE: FE) appointed Hannah Turner as Vice President, Transmission Finance and Principal Financial Officer for FirstEnergy Transmission, effective March 1, 2026. Turner will oversee finance, regulatory filings and rates for FirstEnergy Transmission, Keystone Appalachian Transmission Company and integrated transmission businesses.
She joins as FirstEnergy advances the Valley Link Transmission joint venture and launches the Grid Growth Ventures joint venture; Turner brings leadership from Electric Transmission Texas and earlier roles at American Electric Power, and holds an MBA and BBA from LeTourneau University.
FirstEnergy (NYSE:FE) Foundation awarded a $10,000 grant to Butler County Community College (BC3) on Feb 25, 2026 to upgrade rope-rescue and confined-space equipment. The funding will support BC3 Workforce Development Industrial Safety and Fire/Hazmat programs, expanding realistic training access for professional and volunteer first responders in western Pennsylvania.
FirstEnergy (NYSE:FE) and Mid-Atlantic Interstate Transmission are building the Van Reed 69-kV Transmission Project to strengthen service for more than 6,000 customers in central Berks County. The work includes a new substation in Bern Township and nearly four miles of 69-kV line on wood and steel poles.
Construction began in January, the project costs about $30 million, and is expected to be in service before the end of 2026. The upgrade is part of FirstEnergy's Energize365 grid program and supports regional reliability and economic growth.
FirstEnergy (NYSE: FE) subsidiary Potomac Edison completed a new $6.6 million substation in Berkeley County, W.Va., finished in December, that already serves about 2,400 customers in Falling Waters and Spring Mills.
The smart, automated facility reduces outage size, speeds remote restoration and relieves capacity constraints from two older substations as part of the Energize365 investment program.
FirstEnergy (NYSE: FE) reported 2025 GAAP EPS $1.77 and Core EPS $2.55, at the top end of its revised guidance, on revenue of $15.1 billion. The company reported GAAP earnings of $1.02 billion and affirmed 2026 Core EPS guidance $2.62–$2.82.
FirstEnergy unveiled a $36 billion capital plan for 2026–2030 (Energize365) with ~10% compounded annual rate base growth and targeted Core EPS CAGR near the top end of 6–8%.
FirstEnergy (NYSE: FE) Ohio utilities will run a PIPP RFP auction to select a supplier for full requirements service for PIPP customers for the 12-month delivery period June 2026–May 2027.
An information session for prospective bidders is set for Wednesday, February 18, 2026. Supplier applications open February 19 and are due March 4; registered bidders submit bids on March 16. Auction details and webinar instructions are available at firstenergypipprfp.com.
FirstEnergy Transmission (NYSE:FE) and Transource Energy received PJM Board approval on Feb 12, 2026 to jointly develop a major electric transmission project in central Ohio through Grid Growth Ventures LLC.
The plan includes >300 miles of new 765-kV lines and substation upgrades to boost reliability, support growing demand in the Columbus region, reduce land use by consolidating corridors, and attract industry investment.