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 (NYSE: FE) delivers essential electricity services to 6 million customers across six Mid-Atlantic and Midwestern states through its regulated transmission and distribution operations. This news hub provides investors and stakeholders with authoritative coverage of FE's operational developments, financial disclosures, and strategic initiatives.
Access timely updates on earnings reports, grid modernization projects, regulatory filings, and leadership announcements. Our curated collection features official press releases alongside third-party analysis of FE's infrastructure investments, rate case proceedings, and reliability enhancement programs.
Key coverage areas include capital expenditure plans, dividend declarations, storm response updates, and compliance milestones. Bookmark this page for centralized access to FE's latest operational statistics, environmental initiatives, and financial performance metrics - all critical for informed energy sector analysis.
On March 4, 2022, Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), received the 2022 New Jersey Alliance for Action Leading Capital Construction Projects award. The recognition was for JCP&L's role in constructing a combined heat and power plant at Morristown Medical Center, which aims to meet the hospital's electricity and heating needs efficiently. JCP&L, alongside nine partners, showcased commendable collaboration, focusing on energy efficiency and sustainability, further solidifying its commitment to the community.
Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE:FE), will launch a smart meter installation program in 2023, approved by the New Jersey Board of Public Utilities. Over 1.1 million smart meters will be installed within 36 months, enhancing billing accuracy and energy management for customers. JCP&L's president, Jim Fakult, highlighted previous successes in Ohio and Pennsylvania. Customers will receive advance notification and can opt-out for a fee. This initiative aims to improve power restoration and outage detection.
Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is urging customers facing financial hardship to seek assistance before the winter utility disconnection rules lift on March 31. The company highlights available support programs, such as the Community Energy Fund and Maryland Energy Assistance Program, designed to help qualifying customers manage their electric bills. FirstEnergy employees share personal stories in a video to encourage customers to utilize these resources. Potomac Edison serves approximately 257,000 customers across seven Maryland counties.
FirstEnergy's West Virginia electric companies, Mon Power and Potomac Edison, are advising residential customers facing financial difficulties to reach out for assistance before winter shut-off restrictions end on March 31. A video titled "We're Customers Just Like You" features employees sharing personal experiences to encourage customers to seek help. Available programs include the Low-Income Energy Assistance Program, Emergency Assistance Program, and more. The company emphasizes the importance of awareness regarding assistance options to help customers manage their electric bills.
Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is encouraging residential customers facing financial difficulties to reach out for assistance before the winter utility disconnection moratorium ends on March 15. The company highlights various assistance programs available, including the Lifeline program offering up to $225 annually and the Universal Service Fund, providing monthly credits of up to $180. FirstEnergy's employees share personal experiences to foster a supportive environment, urging customers to utilize available resources.
FirstEnergy Corp. (NYSE: FE) urges Pennsylvania residential customers facing financial difficulties to contact their utilities for assistance before the winter disconnection moratorium ends on April 1. Employees share personal stories in the video "We're Customers Just Like You". Several assistance programs are available, including LIHEAP, PCAP, and emergency fund options. Customers are encouraged to apply before funds are exhausted.
FirstEnergy Corp.'s electric companies in Ohio, including The Illuminating Company, Ohio Edison, and Toledo Edison, are urging customers facing financial hardship to seek assistance before the suspension of shut-offs for nonpayment ends on April 15. The company encourages customers to utilize various assistance programs such as the Percentage of Income Payment Plan (PIPP) and Home Energy Assistance Program (HEAP). With programs available to help manage utility bills, FirstEnergy emphasizes the importance of reaching out for support during challenging times.
FirstEnergy Corp. is bracing for a severe winter storm forecasted to impact its service area from February 24 through February 25, 2022. Expected conditions include ice accumulation, heavy rain, and gusty winds across several states, including Ohio, Pennsylvania, New Jersey, and Maryland. To mitigate potential service interruptions, FirstEnergy is activating its storm response plans by mobilizing additional personnel and securing 500 outside contractor line workers. The company encourages customers to prepare for possible outages and has provided a set of safety tips for storm readiness.