FirstEnergy Corporation (FE) introduced a new technology that will assist in predicting and reducing treerelated outages beforehand across its service area. Proper vegetation management is essential for transmission and distribution companies as this increases the entire system's resiliency and reduces the possibility of outages during storms. FirstEnergy's transmission and distribution lines are spread across a very wide area, with terrains ranging from flat agricultural land to rugged mountainous conditio ...

Company among the first in the industry to develop technology to prevent power outages caused by trees AKRON, Ohio, Sept. 30, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is among the first in the electric utility industry to deploy a new program that helps predict and reduce tree-related outages before they occur across the company's six-state service area. The company's vegetation management team engineered the AIdriven program to calculate where trees pose the most risk to the electric system, parti ...

AKRON, Ohio, Sept. 26, 2024 /PRNewswire/ -- As part of its long-standing tradition of assisting other electric companies during large-scale power outages, FirstEnergy Corp. (NYSE: FE) electric companies have sent approximately 200 line workers and support personnel to assist Duke Energy Carolinas and Georgia Power with anticipated power restoration efforts following Hurricane Helene. Crews began leaving Wednesday morning for North Carolina and Georgia, with all expected to arrive by early Saturday. Hurrican ...

AKRON, Ohio, Sept. 24, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of $0.425 per share of outstanding common stock payable December 1, 2024, to shareholders of record at the close of business on November 7, 2024. 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 c ...

FirstEnergy Corporation (FE) announced that its subsidiaries, Mon Power and Potomac Edison, have begun construction on the third utility-scale solar site in West Virginia to help meet the state's electricity needs and encourage further economic development. Key Details of FE's Project The Marlowe solar project is located along Interstate 81 and the Potomac River on a 36-acre property in Berkeley County. This was previously an ash disposal site for the former R. Paul Smith Power Station. FirstEnergy successf ...

Former ash landfill in Berkeley County to be repurposed for clean energy source FAIRMONT, W.Va., Sept. 23, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have begun construction on their third utility-scale solar site in West Virginia to help meet the state's electricity needs and further encourage economic development. Potomac Edison Logo (PRNewsfoto/FirstEnergy Corp.)Potomac Edison Logo (PRNewsfoto/FirstEnergy Corp.) The Marlowe solar project is located al ...

Ohio Edison will hold interactive demonstrations on how to stay safe around electricity AKRON, Ohio, Sept. 16, 2024 /PRNewswire/ -- Ohio Edison, a FirstEnergy Corp. (NYSE: FE) electric company, is bringing its live wire electrical safety trailer to the upcoming Balloon A-Fair in downtown Ravenna, Portage County, on Saturday, Sept. 21. Using the trailer's 7,200-kilovolt power lines, company employees will demonstrate the power of electricity, how to recognize dangerous conditions and, most important, how to ...

Comprehensive Agreement Designed to Keep Costs Manageable for Customers READING, Pa., Sept. 16, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, has reached a settlement in its base rate review, subject to the approval of the Pennsylvania Public Utility Commission (PaPUC). The $225 million settlement expands bill assistance for low-income residential customers and enables th ...

Key Takeaways FirstEnergy said it has agreed to a $100 million settlement with the SEC to resolve charges from a bribery scandal. The Akron, Ohio-based utility was accused of paying some $60 million in bribes to state politicians for favorable legislation for FirstEnergy's nuclear plants. Several politicians, former FirstEnergy executives, regulators, and lobbyists have been charged or sentenced to prison for their roles in the largest bribery scheme in Ohio history. Ohio-based electricity provider FirstEne ...

AKRON, Ohio, Sept. 12, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that it has reached a settlement agreement with the U.S. Securities and Exchange Commission (SEC) to resolve its previously disclosed investigation. "We are pleased to have reached a resolution with the SEC as we continue to turn a new chapter," said Brian X. Tierney, President and Chief Executive Officer of FirstEnergy. "Our focus today is investing in our regulated electric companies to improve the customer experience ...