Work includes trimming along more than 3,400 miles of power lines HOLMDEL, N.J., April 10, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L) is trimming trees along more than 3,400 miles of power lines across its 13-county service territory as part of its ongoing efforts to help enhance electric service reliability. This comprehensive vegetation management program is designed to help keep power flowing to customers by helping to reduce tree-related outages, su ...

AKRON, Ohio, April 3, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the first quarter of 2024 after markets close on Thursday, April 25. These 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.   Investors, customers and other interested parties are invited to listen to a live webcast of the call and view presentation slides via FirstEnergy's ...

Company Continues Efforts to Keep Costs Manageable for Customers   READING, Pa., April 2, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, will request today a review of its base electric rates by the Pennsylvania Public Utility Commission (PUC). The proposed rate adjustment builds on service reliability enhancements made in recent years by upgrading additional distribution grid equipment, p ...

Mon Power & Potomac Edison invest $84.7 million to reinforce the power grid during storms FAIRMONT, W.Va., April 1, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison are conducting tree trimming and other vegetation management work in communities across its West Virginia service area as part of its ongoing efforts to help enhance electric service reliability. This year's $84.7 million tree-trimming program will help keep power flowing to customers by helping to prev ...

FirstEnergy Corporation (FE) announced that its board of directors has approved a 6% increase in its quarterly dividend rate. The new dividend rate will be 42.5 cents per share compared with the previous quarter’s 41 cents, payable on Jun 1, 2024, to stockholders of record as of May 7, 2024.This increase resulted in an annualized dividend of $1.70 per share compared with the prior level of $1.60 in 2023. FirstEnergy’s current dividend yield is 4.29%, higher than the Zacks S&P 500 Composite's average of 1.31 ...

Second consecutive year company is recognized by the magazine's readers AKRON, Ohio, March 20, 2024 /PRNewswire/ -- For the second year in a row, FirstEnergy Corp. (NYSE: FE) has been designated as a Top 50 Diversity Employer by Minority Engineer™ magazine. The rankings are determined based on a survey of randomly selected Minority Engineer readers who were asked to name the employers where they would most like to work or that they believe provide a positive working environment for members of minority group ...

Represents annual rate of $1.70 per share, pending continued Board approvalAn increase of more than 6% compared to dividends declared in 2023 AKRON, Ohio, March 20, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of $0.425 per share of outstanding common stock payable June 1, 2024, to shareholders of record at the close of business on May 7, 2024. Subject to continued Board approval, FirstEnergy expects to declare dividends totaling $1.70 per s ...

FirstEnergy Corporation (FE) announced that its subsidiaries, Mon Power and Potomac Edison, have begun construction on their second utility-grade solar site in West Virginia.FirstEnergy will be providing its customers with clean, renewable energy from a former coal ash disposal site. The energy produced by its West Virginia solar sites will support economic growth in the region, as more companies demand that a certain percentage of the electricity purchased comes from renewable sources.Expanding Solar Proje ...

Mon Power and Potomac Edison's Rivesville site stimulating economy in Marion County and beyondFAIRMONT, W.Va., March 19, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison have begun construction on their second utility-grade solar site in West Virginia to help meet the state's energy needs and further encourage economic growth.Click here to view and/or download drone footage of the Rivesville site construction. The Rivesville solar site in Marion County will be situ ...

7,000+ tons of materials recycled through company and employee initiatives  AKRON, Ohio, March 18, 2024 /PRNewswire/ -- To commemorate Global Recycling Day on March 18, FirstEnergy Corp. (NYSE: FE) is highlighting various company- and employee-led initiatives that have resulted in more than 7,000 tons of recycled materials over recent years. FirstEnergy's operational sustainability efforts have led to the recycling of: More than 1,500 tons of plastic, metal and cardboard materials. More than 5,000 tons of ...