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), (570–1,705 kWh) and $60.32 (>1,705 kWh). Credits are funded by utilities and suppliers under Maryland renewable energy laws and will not be charged back to customers.

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

Key Figures

Maryland customers credited: More than 247,000 customers Low-usage bill credit: $45.32 Mid-usage bill credit: $52.82 +5 more

8 metrics

Maryland customers credited More than 247,000 customers Eligible Potomac Edison residential customers in Maryland receiving February 2026 credits

Low-usage bill credit $45.32 Credit for households using less than 570 kWh over prior year

Mid-usage bill credit $52.82 Credit for households using 570–1,705 kWh over prior year

High-usage bill credit $60.32 Credit for households using more than 1,705 kWh over prior year

Lower usage threshold 570 kWh Annual average usage threshold for lowest bill credit tier

Upper usage threshold 1,705 kWh Upper bound of middle bill credit tier

Maryland customers served About 285,000 customers Potomac Edison customers in seven Maryland counties

West Virginia customers served About 155,000 customers Potomac Edison customers in Eastern Panhandle of West Virginia

Market Reality Check

Price: $47.33 Vol: Volume 3,983,800 is about...

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$47.33 Last Close

Volume Volume 3,983,800 is about 0.91x the 20-day average of 4,364,832. normal

Technical Shares at $47.33 are trading above the 200-day MA of $43.73 and about 1.8% below the 52-week high of $48.20.

Peers on Argus

FE slipped 0.17% with mixed peer action: AEE, ES, EIX and PPL were modestly nega...

FE slipped 0.17% with mixed peer action: AEE, ES, EIX and PPL were modestly negative while WEC was slightly positive, indicating a largely stock-specific move rather than a clear sector rotation.

Historical Context

5 past events · Latest: Jan 28 (Positive)

Pattern 5 events

Date	Event	Sentiment	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.

Pattern Detected

Recent operational and customer-focused news has often seen small, mixed price reactions, with several positive updates followed by mild downside moves.

Recent Company History

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.

Market Pulse Summary

This announcement details targeted bill credits for more than 247,000 Maryland residential customers...

Analysis

This announcement details targeted bill credits for more than 247,000 Maryland residential customers, with amounts from $45.32 to $60.32 based on past electricity usage. The credits are funded under Maryland renewable energy laws and are not charged back to customers, complementing year-round assistance and efficiency programs. In recent months, FirstEnergy has also highlighted settlements returning $275 million to Ohio customers and major grid investments, underscoring an ongoing focus on customer relief, reliability and regulatory engagement that investors can track across service territories.

AI-generated analysis. Not financial advice.

Credits will appear automatically on February bills

WILLIAMSPORT, Md., Jan. 30, 2026 /PRNewswire/ -- More than 247,000 Potomac Edison residential customers in Maryland will get automatic bill credits in February as part of the next phase of the state's Legislative Energy Relief Refund program. The credits, created as part of the Next Generation Energy Act passed in April 2025, are designed to help families manage rising electricity costs.

Jim Myers, FirstEnergy's President of West Virginia and Maryland: "We know energy costs have been challenging for many households, and these credits will give eligible customers meaningful relief in February. While Potomac Edison doesn't set electricity supply prices – the price for the actual electricity used by customers – we're committed to offering year-round tools and programs to help customers manage their energy costs."

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 Maryland's renewable energy laws and will not be charged back to customers.

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 Maryland and about 155,000 customers in the Eastern Panhandle of West Virginia. Follow Potomac Edison at www.potomacedison.com, on X @PotomacEdison, and on Facebook at facebook.com/PotomacEdison.

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 Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at firstenergycorp.com and on X @FirstEnergyCorp.

View original content to download multimedia:https://www.prnewswire.com/news-releases/potomac-edison-residential-customers-in-maryland-to-receive-second-round-of-energy-relief-bill-credits-302675119.html

SOURCE FirstEnergy Corp.

FAQ

Who will receive the February 2026 Potomac Edison energy relief credits (FE)?

Eligible Potomac Edison residential customers will receive automatic credits in February 2026. According to the company, qualifying accounts had recorded usage from Sept 1, 2024 to Aug 31, 2025 and were active on Nov 1, 2025.

How much is the Potomac Edison (FE) energy relief credit and how is it calculated?

Credits are tiered by a household's average annual electricity use: $45.32, $52.82, or $60.32. According to the company, amounts correspond to usage bands under the Legislative Energy Relief Refund program.

Do Potomac Edison customers (FE) need to apply to receive the energy relief credit?

No application is required; credits will be applied automatically to February bills. According to the company, customers who received the first round in September 2025 will receive the second round automatically.

Will the Potomac Edison (FE) credits increase customer bills later or be charged back?

No, the credits will not be charged back to customers. According to the company, payments by utilities and suppliers under Maryland renewable energy laws fund the credits.

What account conditions disqualify a customer from the Potomac Edison (FE) February credit?

Customers without an active residential account on Nov 1, 2025 or without recorded use Sept 1, 2024–Aug 31, 2025 are ineligible. According to the company, accounts must also remain active when the credit posts.