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 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.
Transource Energy and FirstEnergy Transmission (NYSE:FE) received PJM Board approval on Feb 16, 2026 to develop a major transmission project in central Ohio through new joint venture Grid Growth Ventures. The plan includes ~300 miles of new 765-kV lines plus substation upgrades to boost reliability, support rising demand in greater Columbus, and enable economic growth.
The project is designed to consolidate capacity into high-voltage corridors (one 765-kV line can power two million homes) and reduce land use while improving outage restoration and access to affordable power.
FirstEnergy (NYSE: FE) subsidiaries Mon Power and Potomac Edison selected a 35-acre Maidsville, West Virginia site for a new 1,200-megawatt natural gas power plant expected to supply roughly half a million homes. If approved by the Public Service Commission of West Virginia, site work could begin as early as 2027 with the plant online in late 2031.
The companies also seek approval for 70 megawatts of new solar across three reclaimed/brownfield sites, adding to 30 megawatts already built since 2024, as part of an Integrated Resource Plan to bolster reliability and affordability.
JCP&L (NYSE: FE) reached the midpoint of a $95 million New Jersey Reliability Improvement Project, reporting fewer outages after 2025 upgrades. Nearly 16,500 customers in parts of Morris and Monmouth saw >80% fewer outages year-over-year. The program upgrades 18 circuits; three county projects aim to help nearly 10,000 customers by year-end.
The work includes strengthened poles and wires, undergrounding, smart devices, reconfigurations and increased tree trimming. This effort is part of FirstEnergy's broader $28 billion Energize365 investment for 2025–2029 to modernize the grid.
FirstEnergy (NYSE: FE) Board declared a quarterly common stock dividend of $0.465 per share, payable June 1, 2026, to shareholders of record May 7, 2026. This is a 4.5% quarterly increase and implies a 2026 annual rate of $1.86 per share, versus $1.78 in 2025, pending continued Board approval.
The company said the 2026 target aligns with a 60-70% payout ratio of Core (non-GAAP) Earnings. FirstEnergy serves over 6 million customers and operates ~24,000 miles of transmission lines across the Midwest and Mid-Atlantic.
FirstEnergy (NYSE: FE) urges customers to avoid releasing helium-filled metallic (foil) balloons ahead of Valentine's Day because the balloons can conduct electricity and contact power lines, causing outages.
In 2025, foil balloons caused 96 outages across the service area, down from 132 in 2020 (a 27% decrease). The company serves over 6 million customers and operates about 24,000 miles of transmission lines.
FirstEnergy (NYSE: FE) electric company Jersey Central Power & Light completed major grid upgrades in northern Monmouth County to strengthen reliability for nearly 25,000 homes and businesses. Key work includes 10 miles of new wire, replacement of 1970s-era poles with wood, steel and laminated structures, and a second set of lines along the corridor.
The project began in mid-2025, is expected to finish in spring 2026, and costs approximately $30 million as part of the Energize365 program supporting FirstEnergy's $28 billion 2025–2029 investment plan.
FirstEnergy Pennsylvania (NYSE: FE) filed a Default Service Plan to buy electricity for default customers starting June 1, 2027, using competitive auctions and new consumer protections. The plan notes generation supply is about 60% of a typical bill, proposes auction schedules for 2027–2031, and shortens Time‑of‑Use peak hours to 3–7 p.m.
The PaPUC is expected to rule by the end of 2026; the filing also proposes automatic returns to default service when fixed or month‑to‑month supplier contracts end.
FirstEnergy (NYSE: FE) reported that employees and community partners planted more than 30,000 trees in 2025, exceeding its annual goal, and plans to plant and donate more than 26,000 trees in 2026. Since 2020, Green Teams have helped put 131,000 trees in the ground.
In 2025 staff volunteered at 151 events for 3,438 hours, planted 26 community gardens (113,289 sq ft), and prioritized native species and underserved communities across its six-state service territory.
Potomac Edison (NYSE: FE) received Maryland Public Service Commission approval for an $11.1 million pilot to help local school systems adopt zero-emission electric buses. The program will fund up to 28 buses, cover the typical $250,000 cost differential per bus, provide charging infrastructure and test vehicle-to-grid (V2G) technology. The pilot launches early 2026, runs up to five years or until funds are exhausted, and targets Potomac Edison's Maryland service territory.