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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.
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.
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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.
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CRA International, Inc. (NASDAQ: CRAI) has announced an RFP auction for FirstEnergy Corp.'s (NYSE: FE) Ohio utilities, focusing on their Percentage of Income Payment Plan (PIPP) customers. The winning supplier will provide service for a 12-month period from June 2022 to May 2023. The auction will be managed by CRA, and an Information Session for bidders is planned for February 24, 2022, with applications accepted starting February 25 and due by March 10. Bids from Registered Bidders will be submitted on March 21.
Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has appointed Amy Overman as its new external affairs consultant. Overman, with 14 years of experience in the New Jersey legislature, will enhance community engagement and liaise with local officials. JCP&L aims to strengthen relationships within the communities it serves, which include over 1.1 million customers across multiple counties. This move underscores FirstEnergy's commitment to community involvement and operational excellence.