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) is a utility holding company whose electric distribution companies serve more than six million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. Its transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions. The news surrounding FirstEnergy reflects its role in nuclear electric power generation, electric distribution and transmission within the utilities sector.
This news page brings together company-issued updates and other coverage related to FE. Readers can find announcements about quarterly and annual financial results, earnings teleconferences and investor presentations, often referenced in Form 8-K filings and news releases. These items provide insight into how management views performance, uses GAAP and non-GAAP measures and communicates core earnings guidance and strategic priorities.
Because FirstEnergy operates regulated utilities, a significant portion of its news flow centers on regulatory developments and settlements. Examples include Public Utilities Commission of Ohio (PUCO) proceedings and comprehensive settlement agreements that address riders, audits and customer restitution and refunds for Ohio Edison, The Illuminating Company and Toledo Edison customers. Such updates can be important for understanding potential impacts on rates, customer bills and regulatory relationships.
Operational and infrastructure news is another key theme. FirstEnergy and its subsidiaries, including entities like Mid-Atlantic Interstate Transmission and Jersey Central Power & Light, issue releases on grid modernization projects, high-voltage line rebuilds, substation upgrades and other investments intended to enhance reliability and support growth in local communities.
In addition, the FirstEnergy Foundation regularly announces “Gifts of the Season” and other grants to nonprofits in the company’s service territories, highlighting community and philanthropic initiatives. Investors, customers and observers can use this news page to follow developments across financial, regulatory, operational and community dimensions of FirstEnergy’s business.
FirstEnergy (NYSE:FE) subsidiary Potomac Edison announced that its Maryland residential customers will receive Legislative Energy Relief Refund bill credits starting September 2025. The initiative, part of the Next Generation Energy Act passed in April, aims to help customers manage rising electricity costs.
Eligible customers will receive two automatic bill credits - one in September 2025 and another in January/February 2026. To qualify, customers must have had an active residential account as of June 1, 2025, with recorded usage between April 2024 and March 2025. The credits, funded through utility and electricity supplier payments under Maryland's renewable energy laws, will not be charged back to customers.
Potomac Edison serves approximately 285,000 customers in Maryland and offers additional support through bill assistance programs, energy efficiency tools, and energy-saving resources.
FirstEnergy (NYSE: FE) has appointed Brooke Trammell as Vice President of Transmission Strategy and Engagement, effective September 8, 2025. In this key leadership role, Trammell will oversee strategic planning, policy advocacy, and strategic ventures for FirstEnergy's transmission business, while managing PJM engagement and transmission partnerships.
Trammell joins FirstEnergy from Xcel Energy, where she most recently served as Regional Vice President of Regulatory & Pricing. She brings over a decade of experience in regulatory strategies, policy development, and infrastructure project approvals. Her expertise spans multiple regional markets including SPP, ERCOT, and the West.
FirstEnergy (NYSE: FE) has announced a major reliability enhancement project in Adams County, Pennsylvania, through its subsidiary Mid-Atlantic Interstate Transmission (MAIT). The East Germantown-Germantown Reliability Project includes construction of a new substation and a 115-kilovolt transmission line, set to be completed by March 2026.
The project will serve 2,300 residents and businesses, including critical facilities like Hanover Hospital and WellSpan Health. It's part of FirstEnergy's broader $28 billion Energize365 investment program (2025-2029) and will provide an additional power source, improve operational flexibility, and enable faster service restoration during outages.
FirstEnergy Corp. (NYSE: FE) has completed significant electric service upgrades in Westmoreland County, Pennsylvania, benefiting 2,300 West Penn Power customers in Unity and Hempfield townships. The project, part of a $368 million Long Term Infrastructure Improvement Plan (LTIIP III), includes installing new, larger wires, utility poles, and equipment along White School Road.
The upgrades feature one mile of new wiring, 10 wooden utility poles, 22 crossarms, and several transformers. The improvements will enhance service reliability, reduce outages, and support local growth. This initiative is part of FirstEnergy's broader $28 billion Energize365 investment program planned for 2025-2029 to modernize the electric grid across its service areas.
FirstEnergy Foundation (NYSE: FE) has provided a $100,000 grant to the United Way of Berks County's Big Cheese event, enabling the creation of 500,000 meals for families facing food insecurity - double the previous year's output. The event, held at Penn State's Berks Campus, brought together 1,000 volunteers to package meals including macaroni and cheese, rice, beans, and oatmeal.
The initiative addresses critical needs in Berks County, where one in five residents face food insecurity, including 25,000 children. Through the first half of 2025, the FirstEnergy Foundation has granted nearly $2 million to support various community initiatives.
FirstEnergy (NYSE: FE) has announced a $1.6 million investment to modernize the electric system in Northern Monmouth County through its Jersey Central Power & Light (JCP&L) subsidiary. The upgrade project, targeting Keyport, Hazlet, and Union Beach areas, is part of JCP&L's broader $95 million New Jersey Reliability Improvement Project.
The modernization includes upgrading 2.5 miles of overhead power lines, installing smart devices for fault detection, and implementing power rerouting capabilities. This initiative is a component of FirstEnergy's larger $28 billion Energize365 investment program planned for 2025-2029, aimed at grid modernization across its service territory.
FirstEnergy (NYSE: FE) subsidiary JCP&L is launching a $15.4 million infrastructure upgrade in Hunterdon County, New Jersey, to enhance electric service reliability for over 3,600 customers across eight communities. The project includes modernizing substations, upgrading more than 20 miles of overhead power lines, installing 3 miles of underground wires, and implementing smart technology.
The initiative is part of JCP&L's broader New Jersey Reliability Improvement Project, which will invest at least $95 million in upgrades over the next two years. This project falls under FirstEnergy's larger $28 billion Energize365 investment program running from 2025 to 2029, aimed at modernizing the electric grid across its service territory.
FirstEnergy Corp. (NYSE: FE) has energized its new Klecknersville Substation in Northampton County, Pennsylvania, serving over 5,000 customers across multiple townships and boroughs. The facility features advanced smart grid technology and reduces power line distances from 15-20 miles to just 5-10 miles, improving service reliability.
The substation, part of FirstEnergy's $28 billion Energize365 investment program (2025-2029), includes automated devices for faster outage detection and restoration, plus wildlife protection features. This infrastructure upgrade particularly benefits customers previously dependent on the Northwood Substation, enhancing service reliability during high-demand periods.
FirstEnergy Corporation (NYSE: FE) has announced a significant $50,000 grant through its FirstEnergy Foundation to support Interfaith Neighbors' community development initiatives in Asbury Park, New Jersey. The grant, among the largest awarded by the Foundation in New Jersey this year, is part of over $2 million in community support distributed across FirstEnergy's service areas in H1 2025.
The funding will support various programs addressing critical community needs, including job training through The Launch Center, early childhood education, Meals on Wheels program serving over 330,000 meals annually, and the Kula Urban Farm initiative. This investment aims to address poverty in Asbury Park, where nearly 20% of residents live below the poverty line.
FirstEnergy Foundation (NYSE:FE) has donated $10,000 to the Tygart Valley United Way to support flood victims in Marion County, West Virginia. The donation follows severe flash flooding in June that impacted approximately 250 people, with 25 families losing their homes.
The flooding resulted in massive cleanup efforts, with the West Virginia National Guard removing 8,000 tons of debris in Ohio and Marion counties, while the Division of Highways cleared 4,500 tons from local roadways. The FirstEnergy Foundation has been active in community support, distributing over $2 million in the first half of 2025 for various community needs.