Ohio Energy Reporter

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Business

Solar firms weigh pros and cons of W2 versus 1099 employment

Solar energy is gaining popularity, and many new companies are entering the market.


Business

Freddie Mac updates guidelines on solar panel impact on home appraisals

Freddie Mac has updated its guidelines regarding the appraisal of homes with solar panels, effective from August 7, 2024.


Business

FirstEnergy upgrades substation to improve service reliability for Toledo Edison customers

Work is underway by a subsidiary of FirstEnergy Corp. to expand and upgrade a high-voltage substation in Sylvania Township, Lucas County. The project will include installing new automated equipment and technology to enhance electric service reliability for more than 20,000 Toledo Edison customers in northwestern Ohio.


Business

FirstEnergy launches AI-driven tool to predict tree-related outages

FirstEnergy Corp. has introduced a new program designed to predict and reduce tree-related outages across its six-state service area. The company's vegetation management team developed the AI-driven program to identify where trees pose the most risk to the electric system, particularly before winter and summer storm seasons.


Business

Ohio electric cooperatives provide mutual aid after Hurricane Helene

Electric cooperatives in Ohio are extending mutual aid to co-ops in North and South Carolina following Hurricane Helene. The hurricane left millions without power across the Southeast and Midwest.


Business

Six practical tips for saving energy this back-to-school season

As summer transitions into fall and children return to school, it's an opportune time for families to adopt energy-saving habits at home. Implementing a few simple strategies can help manage energy consumption and reduce utility bills.


Business

FirstEnergy Akron Marathon brings community together

Running may be an individual sport, but the FirstEnergy Akron Marathon is all about community. On Saturday, September 28, determined runners will lace up their shoes and set their sights on the finish line as thousands of dedicated spectators line the streets to cheer them on. Family, friends, and neighbors light up all 26.2 miles of the city’s beloved Blue Line – boosting spirits with handmade signs, words of encouragement, music, and noisemakers to help racers experience the energy of every mile.


Business

FirstEnergy sends crews to aid hurricane recovery efforts

FirstEnergy Corp. has mobilized around 200 line workers and support personnel to assist Duke Energy Carolinas and Georgia Power with power restoration efforts following Hurricane Helene. Crews began their journey on Wednesday morning, heading to North Carolina and Georgia, with all expected to arrive by early Saturday.


Business

FirstEnergy uses electric truck as pace car for Akron Marathon

A new all-electric truck is assisting the FirstEnergy Akron Marathon in promoting clean energy. The Ford F-150 Lightning PRO, owned by FirstEnergy, will guide this year’s race winner to the finish line on Saturday, Sept. 28.


Business

Students explore stem careers with help from nonprofit

New Jersey-based nonprofit Students 2 Science is working to prepare the future workforce by sparking interest in science, technology, engineering, and mathematics (STEM) fields among students in economically disadvantaged communities. The organization helps students from elementary through high school explore STEM careers and education by inspiring them through experiential learning opportunities at Students 2 Science’s technology centers and through relationships with local companies in the STEM field.


Business

FirstEnergy Corp declares steady quarterly dividend amid ongoing challenges

The Board of Directors of FirstEnergy Corp. has declared an unchanged quarterly dividend of $0.425 per share of outstanding common stock. This dividend is payable on December 1, 2024, to shareholders of record at the close of business on November 7, 2024.


Business

PJM announces substantial cost increase impacting Ohio utility bills

On July 31, 2024, PJM, Ohio's regional transmission organization responsible for coordinating wholesale electricity movement in the state, announced a significant increase in the "cost of capacity" for most utilities starting June 1, 2025.


Business

Mon Power begins work on third utility-scale solar site

Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp., have initiated construction on their third utility-scale solar site in West Virginia. The Marlowe solar project is situated along Interstate 81 and the Potomac River on a 36-acre property in Berkeley County, previously an ash disposal site for the former R. Paul Smith Power Station. In 2022, FirstEnergy completed the closure of the landfill after removing over three million tons of ash.


Business

FirstEnergy reaches settlement in rate review expanding customer aid programs

FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp., has reached a $225 million settlement in its base rate review, pending approval from the Pennsylvania Public Utility Commission (PaPUC). The settlement aims to expand bill assistance for low-income residential customers and facilitate investments in the electric grid to ensure safe and reliable service.


Business

Electrical safety demo planned at Northeast Ohio Balloon Festival

Ohio Edison, a FirstEnergy Corp. electric company, will present its live wire electrical safety trailer at the upcoming Balloon A-Fair in downtown Ravenna, Portage County, on Saturday, Sept. 21. The demonstration will utilize the trailer's 7,200-kilovolt power lines to educate attendees on the power of electricity, recognizing dangerous conditions, and staying safe around power lines and electrical equipment.


Business

Switching to a smart thermostat could significantly reduce annual heating and cooling costs

The average home spends nearly $1,000 a year on heating and cooling, accounting for almost half of an annual energy bill. Investing in a smart thermostat can help lower that number. An EPA study found that smart thermostats certified by ENERGY STAR® can save customers an average of 8% on heating and cooling bills.


Business

FirstEnergy reaches $100 million settlement with SEC over investigation

FirstEnergy Corp. (NYSE: FE) announced today that it has reached a settlement agreement with the U.S. Securities and Exchange Commission (SEC) to resolve its previously disclosed investigation.


Business

Managing household appliance electricity: How much does a clothes dryer consume

When it comes to household appliances, the clothes dryer is one of the biggest energy consumers. For homeowners in Ohio, the Midwest, and beyond, understanding how much electricity your dryer uses is key to managing energy costs, improving efficiency, and making informed decisions about your energy usage. As solar energy becomes increasingly popular, it’s also important to explore how harnessing solar power can offset the energy demands of your dryer and contribute to a more sustainable home.


Business

Northern Ohio Recovery Association expands services with new all-electric building

The Northern Ohio Recovery Association (NORA) is minimizing its carbon footprint while expanding services to vulnerable men and women within the community by breaking ground on an all-electric-powered addition to its Cleveland campus.


Business

Jersey Central Power & Light relaunches residential EV charging incentives

Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp., has relaunched its EV Driven residential electric vehicle charging incentives after maxing out customer participation in 2023. The incentives cover the cost of preparation work required before an EV charger can be installed.