Firstenergy Corp Stock Price, News & Analysis

On July 25, 2022, FirstEnergy Corp. (NYSE: FE) announced the hiring of 20 graduates from its Power Systems Institute (PSI) training programs, which prepare students for careers in the utility sector. This cohort includes 10 lineworkers and 10 substation electricians from Brookdale and Raritan Valley Community Colleges. Since its inception, the PSI program has successfully trained over 2,400 personnel for FirstEnergy's electric utility companies. The new hires will work across JCP&L's service area, contributing to safe and reliable electric service for 1.1 million customers in New Jersey.

Metropolitan Edison Company (Met-Ed), a subsidiary of FirstEnergy Corp. (NYSE: FE), has onboarded 14 graduates from its Power Systems Institute (PSI), enhancing its workforce of line and substation workers. This educational program, in collaboration with Reading Area Community College, educates utility workers for FirstEnergy's operations. The newly hired include 10 lineworkers and four substation electricians. Notably, over 2,400 individuals have been hired through PSI since its inception, supporting Met-Ed's commitment to safe and reliable energy service for approximately 570,000 customers in Pennsylvania.

Mon Power, a subsidiary of FirstEnergy (NYSE: FE), has hired 10 graduates from the Power Systems Institute (PSI), enhancing its workforce in West Virginia. The new employees comprise nine lineworkers and one substation electrician, all prepared through PSI, which has been operational since 2000. Mon Power aims to maintain reliable electric service for approximately 395,000 customers across 34 counties. The PSI program, developed in partnership with Pierpont Community & Technical College, has successfully trained over 2,400 individuals for FirstEnergy's electric utility companies.

FirstEnergy Corp. (NYSE: FE) announced the hiring of 21 graduates from its Power Systems Institute (PSI) program, which trains future line and substation workers. This marks the fourth graduating class since 2014, with graduates earning an associate degree in Electric Utility Technology. The initiative aims to enhance workforce capabilities across Ohio Edison and Pennsylvania Power, serving over 1.16 million customers.

Over 2,400 PSI students have been hired by FirstEnergy across several states since the program's inception.

Pennsylvania Electric Company (Penelec), a subsidiary of FirstEnergy, has employed 16 graduates from its Power Systems Institute (PSI), a program focused on training future line and substation workers. Among the new hires are 10 lineworkers and 6 substation electricians, all trained in collaboration with Edinboro University and Penn Highlands Community College. Since its inception, the PSI has facilitated the hiring of over 2,400 workers across multiple states. This initiative aims to ensure safe and reliable electric service while addressing workforce needs in the electric utility sector.

Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has hired nine recent graduates from its Power Systems Institute (PSI) educational program aimed at training line and substation workers. The program, in partnership with local community colleges, has trained over 2,400 workers since its inception in 2000. The new hires will help enhance service delivery for the approximately 275,000 customers served in Maryland and 151,000 in West Virginia. The PSI graduates have received an associate degree in Electric Utility Technology, focusing on safe work practices.

The Illuminating Company, a FirstEnergy utility, has hired 13 graduates from its Power Systems Institute (PSI) program. This educational initiative prepares workers for FirstEnergy's electric utility companies. The new hires include ten lineworkers and three substation electricians, all graduates from a partnership with Cuyahoga Community College. Since its inception, PSI has successfully placed over 2,400 graduates in various roles across multiple states. The Illuminating Company serves over 750,000 customers in Ohio.

Toledo Edison, a utility under FirstEnergy Corp. (NYSE: FE), has welcomed seven new employees from its Power Systems Institute (PSI). This program, in collaboration with Owens Community College, trains future line and substation workers. The newly hired include six lineworkers and one substation electrician, all with degrees in Electric Utility Technology. Since its inception, PSI has prepared over 2,400 professionals for FirstEnergy's utility operations across multiple states. Toledo Edison serves nearly 315,000 customers in northwest Ohio, emphasizing a commitment to safe and reliable electric service.

West Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has welcomed 17 new graduates from its Power Systems Institute (PSI) program. This includes 11 lineworkers from Westmoreland County Community College and 6 substation electricians from Pennsylvania Highlands Community College. The PSI program, established in 2000, has successfully trained over 2,400 employees across several states. The new hires are expected to enhance service reliability as veteran workers retire. West Penn Power serves approximately 725,000 customers across 24 counties in Pennsylvania.