AKRON, Ohio, Feb. 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it has hired Arsalan Azarsa as Vice President, Finance and Regulatory for West Virginia and Maryland, effective February 10, and Kevin Keller as Vice President, Finance and Regulatory for Ohio, effective February 24. In these roles, Azarsa and Keller will be responsible for developing and implementing financial strategy for their respective states, including budgeting, forecasting and financial planning, and will oversee ...

FirstEnergy reminds customers to be careful with helium-filled balloonsAKRON, Ohio, Feb. 3, 2025 /PRNewswire/ -- As Valentine's Day approaches, FirstEnergy Corp. (NYSE: FE) is reminding customers to handle helium-filled foil balloons safely to keep power flowing this season and year-round. Foil balloons cause power outages when released outdoors because their metallic coating conducts electricity and poses a risk to the electric system.A video discussing the hazards posed by foil balloons is available on Fi ...

Proposal includes programs aimed at helping customers better manage their electric bills AKRON, Ohio, Jan. 31, 2025 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Company and Toledo Edison – have filed a proposed Electric Security Plan (ESP) with the Public Utilities Commission of Ohio (PUCO) that supports their commitment to investing in and maintaining the electric grid while providing customer assistance programs and energy efficiency initiatives th ...

AKRON, Ohio, Jan. 29, 2025 /PRNewswire/ -- The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is constructing a new neighborhood power line that will help enhance electric service reliability for hundreds of customers in Lorain County, particularly during severe weather.A video of FirstEnergy personnel explaining and performing this electrical work can be found on FirstEnergy's YouTube channel. The Illuminating Company is constructing a new neighborhood power line that will help enha ...

Project anticipated to be completed in summer 2025HOLMDEL, N.J., Jan. 29, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has started upgrades to the electric grid in Burlington and northwestern Ocean counties to enhance service for approximately 2,500 JCP&L customers. The $3.2 million, two-phase project is expected to be completed in July.Equipment enhancements will take place along more than four miles of overhead and underground power lines in Nort ...

The recognition highlights the companies' commitment to supporting businesses across the regionAKRON, Ohio, Jan. 28, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric companies The Illuminating Company and Ohio Edison have been named 2024 Business Customer Champions in a national study conducted by Escalent, a leading data analytics and advisory firm with extensive expertise in the energy and utility industry. The designation underscores the companies' dedication to fostering strong, engaged relati ...

AKRON, Ohio, Jan. 17, 2025 /PRNewswire/ -- As frigid weather grips the region, FirstEnergy Corp. (NYSE: FE) electric companies remind customers of steps they can take to stay safe and better manage energy bills that may climb due to the cold weather. Based on current forecasts, all of FirstEnergy's six-state footprint will be affected by the cold snap, with sub-zero temperatures likely to arrive early next week and lasting several days. Company line workers will be ready to assist should the arctic conditio ...

HOLMDEL, N.J., Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading a northern New Jersey transmission substation to better enhance reliability for customers in Sussex County. The project in Franklin Borough is expected to cost $50.3 million and take approximately 18 months to complete. Doug Mokoid, FirstEnergy's President, New Jersey: "The extensive work happening both inside and outside the fence of our substation in Franklin is des ...

Projects benefit 4,000+ customers in Neptune Township, Monmouth Beach and Sea BrightHOLMDEL, N.J., Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is wrapping up the last of a pair of electric system upgrade projects this month in portions of northern and eastern Monmouth County. The two projects will enhance electric service for more than 4,000 customers in the county while also helping protect wildlife by deterring birds of prey from nestin ...

FirstEnergy Corporation’s (FE) initiative to further strengthen transmission and distribution operations should boost its performance. The company’s ongoing investments should increase grid reliability and enable it to serve customers efficiently.However, this Zacks Rank #3 (Hold) company faces risks related to delays in the base rate request approval and seasonal factors.Tailwinds for FirstEnergyThe utility’s efforts to expand its regulated generation mix stabilized its earnings trajectory. In the past few ...