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FirstEnergy Customers Can Get Help with Summer Electric Bills
Prnewswire· 2025-08-28 17:25
AKRON, Ohio, Aug. 28, 2025 /PRNewswire/ -- Staying cool during Ohio's hot summer months shouldn't cause financial stress. That's why Ohio Edison, The Illuminating Company and Toledo Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), are encouraging residential customers to take advantage of the Home Energy Assistance (HEAP) Summer Crisis Program, available for a limited time.  Torrence Hinton, President, FirstEnergy Ohio: "We know energy bills can be tough during the hot summer months. That's why we're r ...
Potomac Edison Residential Customers in Maryland to Receive Legislative Energy Relief Refund Bill Credits
Prnewswire· 2025-08-28 15:31
First credits will be issued in September of this yearWILLIAMSPORT, Md., Aug. 28, 2025 /PRNewswire/ -- Potomac Edison residential customers in Maryland will see some relief on their electric bills through the Legislative Energy Relief Refund, created as part of the Next Generation Energy Act passed in April by the Maryland General Assembly. The credits are intended to help ease the burden of rising electricity costs for families.Jim Myers, FirstEnergy's President of West Virginia and Maryland: "While Potoma ...
Georgia Power partners with Georgia Public Broadcasting and Georgia Historical Society to relaunch "Today In Georgia History" series
Prnewswire· 2025-08-28 14:53
Educational series aims to engage and educate Georgians on the state's rich history; launching this monthATLANTA, Aug. 28, 2025 /PRNewswire/ -- Georgia Power has partnered with Georgia Historical Society (GHS) and Georgia Public Broadcasting (GPB) to refresh and relaunch the Emmy award-winning series "Today in Georgia History." Originally introduced in 2011, the 365 episodes are set to return to GPB in August 2025 highlight a person or historical event associated with each day of the year. This relaunch ali ...
Big Reliability Boost Coming to Adams County
Prnewswire· 2025-08-27 17:03
READING, Pa., Aug. 27, 2025 /PRNewswire/ -- A major reliability project is underway in Adams County, Pennsylvania, to deliver stronger, more resilient electric service to nearly 2,300 residents and businesses, including Hanover Hospital, Alpha Fire Company and WellSpan Health. A major reliability project is underway in Adams County, Pennsylvania, to deliver stronger, more resilient electric service to nearly 2,300 residents and businesses. A major reliability project is underway in Adams County, Pennsylvani ...
NextEra Energy Rallies Despite Big, Beautiful Bill's Blow to Clean Energy: Is the Stock Still a Buy?
The Motley Fool· 2025-08-27 00:13
While clean energy has been battered by recent legislation, NextEra Energy stock has been on the rise.President Donald Trump on July 4 signed into law the "big, beautiful bill," which rolls back over $200 billion in clean energy tax credits, in a move some have described as a "disaster" for the clean energy industry.Florida-based utility company NextEra Energy (NEE -0.54%), which provides 12 million people with electricity and is America's largest provider of clean energy, stands to lose potentially hundred ...
NextEra Energy: A Good Opportunity (Rating Upgrade)
Seeking Alpha· 2025-08-26 09:38
Company Overview - NextEra Energy (NYSE: NEE) is one of the largest utility companies globally, with a market capitalization exceeding $150 billion [2]. Performance Analysis - The company has underperformed the market by double digits since a recommendation to sell was made [2]. Investment Strategy - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy, which includes thorough analysis of 10Ks, analyst commentary, market reports, and investor presentations [2].
Southern Company Advances Hydro Fleet Modernization for the Future
ZACKS· 2025-08-25 11:46
Key Takeaways Georgia Power is modernizing hydro plants to extend life by 40 years and meet future demand.Recent upgrades include new turbines and control systems at Plants Tugalo and Terrora.Modernization supports reliability, compliance and Georgia's carbon-free energy future.For more than 100 years, The Southern Company’s (SO) largest electric subsidiary,Georgia Power, has been a cornerstone of clean, emission-free energy in the state through its hydroelectric facilities. With 15 owned hydro plants and a ...
Looking to Fund Your Retirement With Dividends? Here Are 3 Awesome High-Yielders You Need to Know About.
The Motley Fool· 2025-08-25 08:27
These companies pay very reliable and steadily growing dividends.The average American household faces more than a 30% projected shortfall between what Social Security and its personal savings will provide in retirement and its anticipated spending. As a result, future retirees will need to find ways to bridge that gap. One solution is to invest in high-quality, high-yielding stocks that can provide a steady income during retirement. Black Hills (BKH 2.21%), MPLX (MPLX 0.40%), and Brookfield Renewable (BEPC ...
Georgia Power continues hydro fleet modernization effort to serve a growing Georgia
Prnewswire· 2025-08-22 15:04
Core Insights - National Hydropower Day on August 24 emphasizes the significance of hydropower in enhancing the clean energy infrastructure and ensuring grid reliability in the U.S. [1] - Georgia Power operates 15 hydroelectric facilities with a total capacity exceeding 1,100 MW, contributing to emission-free energy generation [1][7] - The company is actively modernizing its hydro fleet, with recent approvals from the Georgia Public Service Commission for upgrades at several hydro facilities [2][3] Investment and Modernization - Georgia Power's investments focus on modernizing aging equipment to maintain compliance with Federal Energy Regulatory Commission licenses and extend the operational life of hydro facilities by at least 40 years [3][4] - Recent modernization efforts include significant upgrades at Plants Tugalo and Bartlett's Ferry, involving generator and turbine replacements, as well as improvements to balance of plant systems [4][5] Operational Updates - The completion of modernization work at Plant Tugalo includes the replacement of generators and turbines, with similar upgrades previously completed at Plant Terrora [4] - Progress has also been reported at Plants Bartlett's Ferry, Nacoochee, Oliver, Burton, and Sinclair, with Bartlett's Ferry Unit 1 returning to service in July 2025 after extensive upgrades [5]
PPL vs. FirstEnergy: Which Utility Stock Powers Up Stronger Returns?
ZACKS· 2025-08-22 14:55
Industry Overview - Utility service providers are benefiting from increased electricity tariffs, accretive acquisitions, cost reductions, and energy-efficiency initiatives [1] - The power industry is also seeing improvements in electric infrastructure resilience against adverse weather and a transition to renewable energy sources [1] Capital Expenditures - Maintenance and improvement of utilities' infrastructure rely heavily on capital expenditures for updating and modernizing assets [2] - Utility providers are investing in output enhancement to meet the growing demand for data centers [2] Transition to Renewable Energy - U.S. electric utilities are evolving beyond revenue generation due to climate measures and federal incentives, positioning them for gradual growth in the clean energy sector [3] Investment Opportunities - Companies like PPL Corporation and FirstEnergy are becoming attractive investment options due to strategic investments in grid infrastructure upgrades [4] - PPL is focusing on infrastructure projects to reduce outages and enhance service resilience [5] - FirstEnergy has expanded its regulated activities and is benefiting from improved economic conditions and increased demand [7] Data Center Demand - In Pennsylvania, potential data center demand has increased to 14.4 GW, with a projected capital investment of $0.75-$1.25 billion [6] - FirstEnergy's long-term data center load demand has grown over 80% since February 2025, totaling 11.1 GW [8] Earnings Estimates - The Zacks Consensus Estimate for PPL's 2025 and 2026 earnings per share indicates increases of 7.69% and 8.33%, respectively [9] - FirstEnergy's projected earnings show a decrease of 3.8% for 2025 but an increase of 6.72% for 2026 [11] Return on Equity - PPL's current return on equity (ROE) is 8.81%, while FirstEnergy's is 11.31%, outperforming the industry average of 10.14% [13] Strategic Investment Plans - PPL plans $20 billion in regulated capital investments from 2025 to 2028 [14] - FirstEnergy has planned investments of $28 billion between 2025 and 2029 [15] Dividend Yield - PPL's dividend yield is 2.97%, compared to FirstEnergy's 4.09% [16] Debt Position - PPL has a debt-to-capital ratio of 55.47%, while FirstEnergy's is 64.56%, both compared to the industry's 59.75% [17] - Both companies maintain a times interest earned (TIE) ratio above 1, indicating financial flexibility [18] Investment Recommendation - PPL is currently favored over FirstEnergy due to better debt management and growth in earnings estimates, with both stocks holding a Zacks Rank 3 (Hold) [19]