Ohio Energy Reporter

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Business

FirstEnergy renews title sponsorship with International Soap Box Derby through 2027

FirstEnergy Corp. (NYSE: FE) is extending its title sponsorship with The International Soap Box Derby (ISBD) for three years, covering the period from 2025 to 2027. This renewal continues a partnership that began in 2012 between the two Akron-based entities.


Business

Electric cooperatives announce teams for 2024 step challenge

Adams Rural Electric and several other cooperatives have announced their participation in the 2024 Walk The Line Step Challenge. Teams from various cooperatives will compete in this annual event aimed at promoting health and wellness among employees.


Business

FirstEnergy completes receipt of $3.5B proceeds from FET stake sale

FirstEnergy Corp. (NYSE: FE) announced on July 17, 2024, that it has received the remaining $1.2 billion in proceeds from the $3.5 billion sale of a 30% ownership interest in its FirstEnergy Transmission, LLC (FET) subsidiary to Brookfield Super-Core Infrastructure Partners (Brookfield). The initial proceeds of $2.3 billion were received from Brookfield when the transaction closed in March. The remaining $1.2 billion in interest-bearing notes were extinguished with Brookfield's final payment on July 17.


Business

Ohio's youth tour sees record participation in 2024

OEC’s 2024 Youth Tour concluded on June 21, setting a record for the number of cooperatives participating in the program. A total of 50 student delegates from 20 Ohio cooperatives and one West Virginia co-op, Harrison REA, traveled to Washington D.C. for a week-long educational trip.


Business

FirstEnergy receives industry award for winter storm outage restoration efforts

FirstEnergy Corp. (NYSE: FE) has received an Emergency Recovery Award from the Edison Electric Institute (EEI) for its exceptional efforts in restoring power to hundreds of thousands of customers across Ohio, Pennsylvania, West Virginia, Maryland, and New Jersey following Winter Storms Finn and Gerri in January 2024. This marks the 19th consecutive year that FirstEnergy has been recognized by EEI for its storm response initiatives.


Business

Lebanon approves $13.4M solar project with Kokosing Solar

After a public bidding process, Kokosing Solar was selected as the Design-Build and EPC Partner for the City of Lebanon Solar Project. In a unanimous vote, the City Council approved the $13.4 million solar project largely due to its long-term financial benefits to ratepayers. Lebanon is the seventh largest municipal-owned utility in Ohio.


Business

Assurant partners with Kokosing Solar for $5M renewable energy project

Assurant, Inc., a premier provider of specialty insurance, embarked on its first solar project by conducting a nationwide search. Kokosing Solar was selected for its expertise in solar project development and construction. The collaboration resulted in a 1.8 MW solar project structured as a Power Purchase Agreement (PPA). This $5 million roof and parking canopy project was designed and built by Kokosing Solar's team, delivered on time and within budget.


Business

Private client selects Kokosing Solar for complex 3.9 MW DC project in Ohio

When a private client sought bids for a solar EPC partner to install a 3.9 MW DC solar array, they selected Kokosing Solar for its industry experience. The project required extensive collaboration with structural engineers, racking manufacturers, FM Global, SCADA technicians, and the client.


Business

Stratford Ecological Center completes first solar project with Kokosing Solar

Stratford Ecological Center, a non-profit educational organic farm and nature preserve on 236 acres in Delaware County, Ohio, has undertaken its first solar project. The center selected Kokosing Solar for the development and construction of the project due to their expertise in solar project management.


Business

City of Athens selects Kokosing Solar for East Side Solar Project

After a public bidding process, Kokosing Solar was selected as the Design-Build, EPC, and Equity Partner for the City of Athens East Side Solar Project. This project includes a rooftop array on the City of Athens Community Center, solar canopy shade structures at the city pool, and a large ground mount solar array that powers the adjacent wastewater treatment plant. The combined capacity of these solar sites totals 2.123 MW DC.


Business

Cuyahoga County approves solar power agreement for multiple county-owned buildings

Cuyahoga County has approved a power purchase agreement (PPA) for the installation of solar panels on several county-owned buildings. These installations include the Medical Examiner’s Office in Cleveland, the Animal Shelter in Valley View, and the Harvard Road Garage in Newburgh Heights. The Aggregated Solar Program is designed to enable these facilities to generate approximately 10 percent of their power needs through solar energy.


Business

FirstEnergy provides tools & tips for managing electric services during moves

We know moving can be stressful, but starting, stopping, or transferring your electric service doesn’t have to be. Whether you’re moving across town or across the country, our easy-to-use online tools will help you check a box off your to-do list.


Business

Hidden costs of summer: Energy-saving strategies

These easy energy-saving strategies can help you stay cool and manage your energy use this summer. For more tips and resources to save energy and money all year, visit www.firstenergycorp.com/saveenergy.


Business

Preparing for summer storms: A comprehensive checklist

Warmer weather brings the sunshine and enjoyment associated with summertime, but it also heralds the arrival of seasonal storms. To ensure preparedness for potential severe weather, a few proactive steps can be taken.


Business

JCP&L upgrading Morristown substation to reduce power outages

FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L) is upgrading a transmission substation in Morristown to mitigate power outages caused by flooding, particularly during hurricane season.


Business

Penelec conducts annual storm drill focusing on efficient power restoration

FirstEnergy Pennsylvania Electric Company (FE PA), operating as Penelec in northern and central Pennsylvania, recently conducted an emergency preparation drill to test its storm restoration process. The exercise aimed to ensure efficient power restoration following severe weather events that could cause outages across its service area.


Business

Landscaping tips to reduce home energy costs this summer

As summer temperatures rise and school holidays begin, many people are spending more time outdoors. Consequently, the use of air conditioning and fans to cool down has also increased. However, there are additional methods to reduce indoor temperatures and lower energy bills.


Business

Pioneer Electric CEO Ron Salyer announces retirement after 27 years

Pioneer Rural Electric Cooperative’s President and CEO, Ron Salyer, has announced his plans to retire on September 16, 2024, after 27 years of service at Pioneer, including 23 years as President and CEO.


Business

FirstEnergy announces Q2 earnings teleconference scheduled for July 31

FirstEnergy Corp. (NYSE: FE) will release its financial results for the second quarter and first half of 2024 after markets close on Tuesday, July 30. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 10 a.m. EDT on Wednesday, July 31. A question-and-answer session will follow.


Business

Ambassador of Golf fundraiser relocates to accommodate larger crowd

The Professional Golfers’ Association of America’s (PGA) annual Kaulig Companies Championship at Firestone Country Club each summer is not just about golf; it’s about uplifting northeast Ohio communities. As unrelated as their missions may seem, initiatives like feeding hungry children, inspiring creative minds, and empowering those with Parkinson’s disease find common ground here.