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 (NYSE: FE) and JCP&L are rebuilding and modernizing a key Monmouth County power corridor to strengthen reliability and speed restorations.
The project installs a new high-voltage line between Middletown Township and Red Bank, places ~0.5 miles underground after the Navesink River Bridge, adds ~1 mile of stronger overhead line, and installs a wooden pole to transition to underground. Construction began September 2025 with expected completion in February 2026 pending approvals.
The local work is part of a $1.6 million regional investment and complements a $36 million insulator upgrade across 76 miles; Energize365 plans $28 billion investment through 2029.
FirstEnergy Transmission (NYSE: FE) launched an exchange offer on Dec 5, 2025 to swap up to $450 million aggregate principal amount of its outstanding 4.750% Senior Notes due 2033 for an equal amount of registered 4.750% Senior Notes due 2033. The exchange offer expires at 5:00 p.m. New York City time on January 7, 2026, unless extended; tenders may be withdrawn prior to expiration.
The offer is made to satisfy a registration rights agreement and does not represent a new financing transaction. The exchange prospectus is dated Dec 5, 2025 and the related Registration Statement on Form S-4 was declared effective on Dec 3, 2025.
FirstEnergy (NYSE: FE) said FE Pennsylvania Electric Company (West Penn Power) is rebuilding a key section of the Westmoreland County grid as part of a $368 million Long Term Infrastructure Improvement Plan (LTIIP III) investment for the West Penn district. The project upgrades over a mile of stronger wire, replaces more than 50 poles, 10 transformers and other hardware, adds 8 remote reclosing switches, clears vegetation and installs a new tie line.
The work began in August, is expected to finish this month and should reduce outages and speed restorations for nearly 5,000 customers in New Kensington, Arnold and Lower Burrell. It is part of FirstEnergy's $28 billion Energize365 program (2025–2029).
FirstEnergy Foundation (NYSE: FE) awarded a $10,000 grant to York College of Pennsylvania on December 1, 2025 to support the college's Electrical Engineering program in the Kinsley School of Engineering, Sciences and Technology. The grant will fund advanced power engineering tools and lab simulations to give students hands-on experience with power generation, transmission and renewable energy systems.
York College's program enrolls nearly 60 students. FirstEnergy previously supported the college with a $15,000 grant for Summer JumpStart and employee volunteer mentorship.
JCP&L (NYSE: FE) is offering free, in-person help for customers who want to apply to the Universal Service Fund (USF), a year-round New Jersey program that provides monthly bill credits and a possible one-time account balance elimination through the USF Fresh Start Program. The Energy Assistance Outreach Team will assist eligible households with applications and paperwork.
A free assistance event will be held Dec. 4, 2025, 10:00 a.m.–4:00 p.m. at Country Lakes Firehouse, 103 Firehouse Rd., Browns Mills, NJ; community partners and program resources will be available. More info at firstenergycorp.com/USF.
FirstEnergy (NYSE:FE) subsidiary Mon Power used solar grazing at an 80-acre, 18.9-megawatt Fort Martin solar site on Nov. 20, 2025, deploying about 350 sheep to maintain vegetation under roughly 50,000 solar panels.
The practice, managed by contractor Sivic LLC, rotated animals every four to six days to trim weeds under panels; sheep will overwinter offsite and return in spring. The Fort Martin site is one of three in Mon Power and Potomac Edison's West Virginia program, totaling 30 MW of solar capacity and offering customers the option to purchase solar renewable energy credits (SRECs).
FirstEnergy (NYSE: FE) Ohio utilities — Ohio Edison, The Illuminating Company and Toledo Edison — will procure full requirements service for Standard Service Offer customers through a descending-price clock auction managed by CRA International.
The auction is scheduled for January 20, 2026 and is conducted under approval from the Public Utilities Commission of Ohio. An Information Session for prospective bidders is set for Monday, November 24, 2025. Part 1 bidder applications open November 25, 2025 and are due by December 11, 2025; Part 2 submissions begin December 18, 2025. Webinar instructions and auction details are available at firstenergycbp.com.
FirstEnergy (NYSE: FE) was named to Forbes' America's Most Trusted Companies and America's Best Companies lists for 2026, reflecting perceived strengths in trust, employee satisfaction and customer experience.
The company said it plans to invest $5.5 billion in 2025 to modernize its power grid as part of its Energize365 $28 billion program through 2029. The FirstEnergy Foundation donated more than $5.5 million in local support, and employees logged over 40,000 volunteer hours in the past two years.
FirstEnergy (NYSE: FE) shared seasonal safety tips for holiday decorating on November 18, 2025, emphasizing electric-safety best practices for indoor and outdoor displays.
Key guidance includes keeping decorations and ladders at least 10 feet from power lines, using sturdy ladders and a spotter, never attaching decorations to utility poles, and calling 888-LIGHTSS if equipment contacts a power line. Additional tips cover inspecting cords, using GFCI outlets, choosing UL-rated products, avoiding overloaded outlets, securing decorations, and using flameless LED candles.
The company notes its electric distribution system serves over six million customers and its transmission lines total about 24,000 miles.
JCP&L (NYSE:FE) is investing $108 million through 2028 to strengthen the electric grid in rapidly growing Ocean County, New Jersey, aiming to improve reliability, speed outage restoration and meet rising demand.
Initial $21 million of 2025 upgrades add and upgrade transformers and replace stronger conductors; $29 million (2026–2028) targets reliability improvements in towns with outage histories; $58 million (through 2028) funds EnergizeNJ projects including >200 TripSaver devices, automatic transfer devices and substation modernization. These initiatives sit within FirstEnergy's Energize365 $28 billion 2025–2029 investment plan.