FirstEnergy Corp
Recent News About FirstEnergy Corp
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FirstEnergy Appoints John Combs as Senior Vice President of Shared Services
FirstEnergy Corp. has named John Combs as its new Senior Vice President of Shared Services, effective April 22. In a statement, President and Chief Executive Officer Brian Tierney expressed confidence in Combs, saying, "John is a dynamic leader whose unique blend of technology, business and financial skills and experience guiding large organizations through technology modernization and digital transformation makes him a strong addition to the FirstEnergy leadership team."Combs joins FirstEnergy from JPMorgan Chase & Co., where he held the position of Managing Director,...
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Mon Power Employees Support Workforce Development Competition for West Virginia’s Best Technical Students
Mon Power employee Stewart Whitehair, with 30 years of experience as an electrician, is actively involved in promoting opportunities in the technical field. Whitehair serves on the Marion County Technical Center’s Advisory Council for its electrical program and participates in an annual competition organized by SkillsUSA, a workforce development organization.Whitehair emphasized the importance of attracting young people to vocational and technical careers, stating, “We need to get more young people interested in pursuing careers in vocational and technical jobs.” He...
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Settlement Reached in FirstEnergy Ohio Utilities’ Grid Modernization Plan
FirstEnergy Corp.’s Ohio electric companies have reached a settlement on their Grid Modernization (Grid Mod) II plan, aiming to expand the deployment of smart meters to an additional 1.4 million customers in Ohio. The four-year, $421 million plan, if approved by the Public Utilities Commission of Ohio (PUCO), will continue the system upgrades initiated under Grid Mod I, including the installation of approximately 706,000 smart meters across Ohio.Patricia Mullin, Acting President of FirstEnergy’s Ohio Operations, highlighted the significance of smart meters in empowering...
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Ohio Children Safely View Total Solar Eclipse Thanks to Sight-Saving Shades from FirstEnergy
On Monday, April 8, millions of people across the United States witnessed a total eclipse of the sun, experiencing a rare celestial event where midafternoon turned into what seemed like midnight. In northeast Ohio, thousands of children were able to safely view the eclipse, thanks to the generosity of FirstEnergy.FirstEnergy, in collaboration with Prevent Blindness of Northeast Ohio, provided over 70,000 pairs of ISO-certified eclipse viewing glasses for students. Lorna Wisham, Vice President of Corporate Affairs & Community Involvement at FirstEnergy, expressed the...
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Tree-Trimming Work Underway to Help Prevent or Minimize Power Outages for JCP&L Customers
Holmdel, N.J. – FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L) has embarked on a tree-trimming initiative spanning over 3,400 miles of power lines in its service territory across 13 counties. The endeavor aims to enhance electric service reliability by mitigating tree-related outages, particularly during severe weather conditions.JCP&L President, Jim Fakult, emphasized the significance of the tree-trimming program, stating, “Falling trees and branches are the number one cause of power outages for our customers in New Jersey. Our year-round...
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FirstEnergy to Webcast First Quarter Earnings Teleconference
FirstEnergy Corp. (NYSE: FE) has announced that it will be releasing its financial results for the first quarter of 2024 after markets close on Thursday, April 25. The results will be discussed by FirstEnergy management during a conference call with financial analysts at 10 a.m. EDT on Friday, April 26. A question-and-answer session will follow.According to FirstEnergy Corp., "Investors, customers and other interested parties are invited to listen to a live webcast of the call and view presentation slides via FirstEnergy's Investor Information website." The webcast and...
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Infographic: 24 Hours and 24 Ways to Save Energy
In an effort to promote energy conservation, a recent infographic titled "24 Hours and 24 Ways to Save Energy" provides individuals with practical tips to reduce energy consumption throughout the day. The infographic, released on Apr 2, 2024, challenges readers to maximize their daily hours by implementing these energy-saving strategies.The infographic begins with the thought-provoking question, "You've got 24 hours in a day. Why not make the most of them with these 24 energy-saving tips?" This statement sets the tone for the valuable information and suggestions that...
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Additional Payment Options Coming This Spring
FirstEnergy has announced a significant change in its electronic payment options, aiming to enhance customer experience and convenience. The company is introducing a new third-party electronic payment processor, ACI Speedpay®, to offer more flexibility to customers when it comes to paying their bills.Michelle Henry, Senior Vice President of Customer Experience at FirstEnergy, emphasized the importance of time for customers, stating, “We know time is a precious commodity for all of us, and that’s why we want to make it easy for you to pay your bill quickly and securely.”...
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FirstEnergy Pennsylvania Requests Rate Review to Enhance Service Reliability for Customers
FirstEnergy Pennsylvania, a subsidiary of FirstEnergy Corp., has announced its intention to file a rate review with the Pennsylvania Public Utility Commission to support ongoing service reliability enhancements for its customers. The proposed rate adjustment aims to improve grid infrastructure and provide additional services to benefit over two million customers.According to Scott Wyman, President of FirstEnergy's Pennsylvania Operations, the investments in upgrading equipment and vegetation management will help ensure dependable electricity delivery to homes and...
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Dig This! April is National Safe Digging Month
April brings warmer weather and, for many of us, a chance to tackle spring projects. For projects that involve digging underground, it’s important to start with one simple but crucial step: call 811 before you dig.Calling 811 before breaking ground – whether the project is big or small – will help ensure you know where underground utility lines are located. This is a free service that can help keep you safe and prevent damage to utility lines and your property."When you dial 811 and provide essential details about your digging plans, you’ll be connected with trained...
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Tree-Trimming Work Underway to Help Prevent or Minimize Power Outages in West Virginia
FirstEnergy Corp. subsidiaries Mon Power and Potomac Edison are actively engaged in tree trimming and vegetation management work across West Virginia to improve electric service reliability and prevent power outages. Jim Myers, President of FirstEnergy's West Virginia Operations, emphasized the importance of tree trimming in reducing tree-related service interruptions, stating, "Since trees are the leading cause of power outages, tree trimming is crucial to our reliability efforts and one of the most effective ways we can reduce the impact of tree-related service...
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Northeast Ohio Electric Grid Stronger and More Resilient Following Power Line Enhancements
American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp., recently completed a project to upgrade 16 miles of two high-voltage power lines in Ohio's Lake and Geauga counties. The enhancements are aimed at strengthening the regional transmission system and improving service reliability for nearly 5,000 customers of The Illuminating Company.FirstEnergy's Vice President of Transmission, Carl Bridenbaugh, highlighted the importance of the upgrade, stating, "This line upgrade will reinforce our transmission system and help provide us with the flexibility...
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Spring Into Savings with These Energy Efficiency Tips
Springtime is here, and as people embark on their annual spring cleaning routines, it's essential to consider energy-saving practices that can benefit both the environment and their wallets.According to an energy efficiency checklist provided by an unnamed source, one of the key tips for saving energy and money this season is to regularly change filters in various household appliances. The source emphasizes the importance of changing HVAC system filters every three months to ensure optimal efficiency, stating, "Dirty air filters limit air flow and force your system to...
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FirstEnergy Credits Smart Grid Technology for Rapid Response After East Palestine Train Derailment
On February 3, 2023, FirstEnergy faced a challenging situation when emergency crews in East Palestine, Ohio, required the de-energization of power lines near a hazardous train derailment site. Thanks to the implementation of smart grid technology, the electric company was able to respond swiftly and effectively to the crisis, preventing further complications and ensuring customer safety.Reflecting on the incident, John Shuman, an engineer at FirstEnergy, highlighted the significance of the automated equipment in managing the emergency without risking the safety of line...
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FirstEnergy Completes $3.5 Billion Sale of Interest in FirstEnergy Transmission, LLC
FirstEnergy Corp. (NYSE: FE) announced the closure of a significant deal on March 25, 2024, involving the sale of a 30% ownership stake in its subsidiary, FirstEnergy Transmission, LLC (FET), for $3.5 billion. The transaction saw Brookfield Super-Core Infrastructure Partners (Brookfield) as the purchaser, with $2.3 billion in cash proceeds received by FirstEnergy at closing.In a statement, FirstEnergy's President and CEO, Brian X. Tierney, expressed satisfaction with the transaction, highlighting the company's strategic direction: "With the successful completion of this...
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Installation of Nearly 60 EV Charging Stations Strengthens Maryland's Public Charging Network
Maryland's public charging network received a significant boost with the recent installation of 59 public charging stations, including 20 fast-charging stations, thanks to Potomac Edison’s EV Driven pilot program. The initiative, approved by the Maryland Public Service Commission in 2019, aims to make electric vehicle ownership more accessible and support environmental goals.Lindsey Wilkinson, FirstEnergy’s Director of Emerging Technology Program, highlighted the convenience and reliability of the charging stations, stating, “Not only are our charging stations...
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FirstEnergy Recognized as Top 50 Diversity Employer by Minority EngineerTM Magazine
For the second consecutive year, FirstEnergy Corp. has been recognized as a Top 50 Diversity Employer by Minority EngineerTM magazine. The accolade is based on a survey of Minority Engineer readers, with Karen Sealy, Director of Diversity, Equity and Inclusion at FirstEnergy, expressing gratitude for the recognition. Sealy emphasized the company's commitment to diversity, stating, "A strong diversity, equity and inclusion program is about more than just talking the talk. At FirstEnergy, it is a core value that truly shapes the way we do business and engage with each other."...
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FirstEnergy Corp. Increases Common Stock Dividend to $0.425 Per Share
FirstEnergy Corp. announced an increase in its common stock dividend to $0.425 per share, representing an annual rate of $1.70 per share pending Board approval. The Board of Directors declared the quarterly dividend to be paid on June 1, 2024, to shareholders of record as of May 7, 2024."We're pleased to announce this enhanced dividend payout to investors, which reflects our confidence in our strategies and our success in strengthening our financial position," said Brian X. Tierney, President and Chief Executive Officer. "Our goal is to increase our dividend in line with...
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Construction is Underway on Second Utility-Grade Solar Site in West Virginia
Construction is in progress for the second utility-grade solar site in West Virginia, as FirstEnergy Corp. subsidiaries Mon Power and Potomac Edison have initiated the development of the Rivesville solar site in Marion County. The project aims to contribute to the state's energy needs while fostering economic growth.Jim Myers, President of FirstEnergy's West Virginia Operations, expressed pride in the transformation of a former coal ash disposal site into a clean renewable energy source. Myers highlighted the significance of renewable energy in driving economic...
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Need Help Paying Your Energy Bills? JCP&L is Here to Help
JCP&L is reaching out to customers who may need assistance in paying their energy bills. According to a company statement, "there are programs that may be able to help you budget your monthly payments, pay seasonal energy bills, catch up on past-due payments or avoid service disconnection."Several assistance programs are available for qualifying customers, including the Universal Service Fund (USF) Program, the Low-Income Heating Energy Assistance Program (LIHEAP), the Payment Assistance for Gas and Electric (PAGE) Program, NJ SHARES, Lifeline Utility Assistance, and the...