Potomac Edison Residential Customers in Maryland to Receive Second Round of Energy Relief Bill Credits
Rhea-AI Summary
Potomac Edison (NYSE:FE) will provide automatic energy relief bill credits to more than 247,000 Maryland residential customers in February 2026 under the state's Legislative Energy Relief Refund program.
Credit amounts are tiered by annual household use: $45.32 (570 kWh),
Positive
- 247,000+ Maryland residential customers eligible for February credits
- Tiered credit amounts of $45.32, $52.82, $60.32 based on annual usage
- Credits applied automatically to customer February bills; no sign-up required
- Credits funded under Maryland renewable energy laws and not charged back to customers
Negative
- Eligibility limited to customers with an active residential account as of Nov 1, 2025
- Customers must have recorded usage between Sept 1, 2024 and Aug 31, 2025 to qualify
- Customer must still have an active account when the credit is applied
News Market Reaction – FE
In the Jan 30 session, FE gained 0.02%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jan 28 | Grid upgrade project | Positive | -0.2% | Underground cable upgrade in McKean County to improve reliability. |
| Jan 23 | Storm readiness update | Positive | -1.0% | Crews staged and systems prepared ahead of winter storm across six states. |
| Jan 13 | Earnings webcast notice | Positive | +1.9% | Announcement of Q4 and full-year 2025 results release and webcast. |
| Jan 09 | Philanthropic grant | Positive | -0.1% | Foundation grant to Fill a Glass with Hope® to fund milk servings. |
| Jan 08 | Regulatory settlement | Positive | +0.3% | PUCO-approved settlement returning funds and credits to Ohio customers. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent operational and customer-focused news has often seen small, mixed price reactions, with several positive updates followed by mild downside moves.
Over the past month, FirstEnergy has highlighted grid upgrades, customer-focused settlements and upcoming financial disclosures. In early January, PUCO approved a settlement providing $275 million in customer restitution and support, followed by philanthropic activity through a $25,000 foundation grant. Subsequent updates detailed winter storm preparedness and a reliability-focused cable upgrade tied to the $28 billion Energize365 plan and Penelec’s $538 million LTIIP III. Today’s Maryland bill-credit announcement continues this theme of customer relief and reliability initiatives across its service territories.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Credits will appear automatically on February bills
Jim Myers, FirstEnergy's President of
What Customers Can Expect
Eligible customers who received the first round of bill credits in September 2025 will automatically receive the second round in February 2026. The credit amount is based on each household's average electricity use over the past year:
- Less than 570 kWh:
$45.32 - 570-1705 kWh:
$52.82 - Greater than 1,705 kWh:
$60.32
Who's Eligible
To qualify for the February credit, customers must:
- Have an active residential electricity account as of Nov. 1, 2025.
- Have recorded electricity use between Sept. 1, 2024, and Aug. 31, 2025.
- Still have an active account when the credit is applied.
Eligible customers will automatically receive the credit – there's no need to sign up or apply. The credits are funded through payments made by utilities and electricity suppliers under
For more information, please visit firstenergycorp.com/MDEnergyReliefCredit.
Year-Round Ways to Manage Energy Costs
The energy relief credit complements Potomac Edison's year-round offerings designed to help customers save energy and manage monthly bills, including assistance programs, energy-saving tools and rebates. Customers can explore resources at:
- Bill assistance: firstenergycorp.com/billassist.
- Energy efficiency programs and rebates: energysavemd.com.
- Energy-saving tips: firstenergycorp.com/saveenergy.
If you'd like to help others in need, Potomac Edison encourages donations to local energy assistance programs: PotomacEdison.com/assistance.
Potomac Edison serves about 285,000 customers in seven counties in
FirstEnergy 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.