Potomac Edison Residential Customers in Maryland to Receive Legislative Energy Relief Refund Bill Credits
Rhea-AI Summary
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.
Positive
- Credits will help customers manage rising electricity costs without being charged back to them
- Automatic enrollment with no application required for eligible customers
- Program complements existing energy assistance and efficiency programs
Negative
- None.
News Market Reaction
On the day this news was published, FE declined 0.48%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
First credits will be issued in September of this year
Jim Myers, FirstEnergy's President of
What to Expect
Customers will receive two bill credits – one in September 2025 and another in January or February 2026. The credits amount will vary based on each household's average electricity use over the past year. For more information, please visit firstenergycorp.com/MDEnergyReliefCredit.
Who's Eligible
To qualify for the first credit:
- You must have an active residential electricity account as of June 1, 2025.
- You must have recorded electricity usage between April 1, 2024, and March 31, 2025.
- Your account must still be active when the credit is applied.
No Action Needed
Eligible customers will automatically receive the credit – there's no need to sign up or apply. If you'd like to help others in need, Potomac Edison encourages donations to local energy assistance programs, which are listed online.
Why This Is Happening
The credits are funded through payments made by utilities and electricity suppliers under
These initiatives complement Potomac Edison's year-round offerings to help manage energy usage and costs:
- Bill assistance programs for income-eligible customers, those with medical needs and others facing financial hardship. Visit firstenergycorp.com/billassist.
- Energy efficiency tools, including the Home Energy Analyzer, whole home energy solutions, HVAC rebates, appliance rebates and recycling. Visit energysavemd.com.
- Easy-to-implement tips and tricks, including smart landscaping and a guide of 100 ways to save energy without sacrificing comfort. Visit firstenergycorp.com/saveenergy.
Potomac Edison serves about 285,000 customers in seven counties in
FirstEnergy Corp. (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in
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SOURCE FirstEnergy Corp.