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New Solar Site in Marion County, West Virginia, Generating Clean Energy
Prnewswire· 2024-10-18 13:00
Mon Power and Potomac Edison complete 27-acre solar site in Rivesville FAIRMONT, W.Va., Oct. 18, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have completed their second utility-scale solar site in West Virginia, less than a year after energizing their first solar site at Fort Martin Power Station in Maidsville. Nearly 14,000 solar panels are now producing up to 5.5 megawatts of clean, renewable power at the Rivesville site in Marion County to help meet th ...
FirstEnergy Electric Crews Mobilize to Assist with Anticipated Power Restoration Efforts in Florida Following Hurricane Milton
Prnewswire· 2024-10-09 20:28
Many crews expected to transition from Helene aid in Carolinas and Georgia AKRON, Ohio, Oct. 9, 2024 /PRNewswire/ -- As Hurricane Milton bears down on the west coast of Florida, FirstEnergy Corp. (NYSE: FE) electric companies are sending more than 580 line workers and support personnel to assist Florida Power & Light and Duke Energy with anticipated power restoration efforts following the storm. Many of the crews previously involved in restoring power after Hurricane Helene in the Carolinas and Georgia will ...
FirstEnergy, Dominion & AEP Propose New Transmission Projects in PJM
ZACKS· 2024-10-09 17:40
FirstEnergy Corp. (FE) , Dominion Energy (D) and American Electric Power (AEP) have jointly proposed to build a new transmission project spanning several states in the Pennsylvania-New Jersey-Maryland Interconnection ("PJM") region. The objective behind the multi-state transmission line is to support the grid, cater to the rising electricity demand from energy-intensive industries in PJM and make space for renewables to be added to the grid. Per PJM Inside Line, PJM has released its new long-term load forec ...
FirstEnergy to Webcast Third Quarter Earnings Teleconference
Prnewswire· 2024-10-08 17:00
AKRON, Ohio, Oct. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the third quarter and first nine months of 2024 after markets close on Tuesday, October 29. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 9 a.m. EDT on Wednesday, October 30. 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 ...
Dominion Energy, American Electric Power, FirstEnergy reach joint planning agreement to propose regional transmission projects across PJM footprint
Prnewswire· 2024-10-07 20:20
Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliability RICHMOND, Va., Oct. 7, 2024 /PRNewswire/ -- Dominion Energy Virginia, American Electric Power and FirstEnergy Corp. have entered into an innovative joint planning agreement to propose several new regional electric transmission pr ...
FirstEnergy, Dominion Energy, American Electric Power reach joint planning agreement to propose regional transmission projects across PJM footprint
Prnewswire· 2024-10-07 20:20
Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliability AKRON, Ohio, Oct. 7, 2024 /PRNewswire/ -- FirstEnergy Corp., Dominion Energy Virginia and American Electric Power have entered into an innovative joint planning agreement to propose several new regional electric transmission proj ...
JCP&L's Ash Tree Removal Program Combats Tree-Related Power Outages
Prnewswire· 2024-10-07 16:13
Removal of dead and diseased trees in 2024 has already surpassed 2023 HOLMDEL, N.J., Oct. 7, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has removed an increasing number of dead and diseased ash trees in portions of its New Jersey service territory this year as part of an effort to reduce power outages caused by at-risk trees near power lines. So far in 2024, JCP&L arborists have identified and removed more than 7,000 vulnerable ash trees, almost ...
Here's Why You Should Add FirstEnergy Stock to Your Portfolio Now
ZACKS· 2024-10-03 17:55
FirstEnergy Corporation's (FE) continuous capital investments to maintain and increase resiliency are likely to strengthen its infrastructure, which will help enhance its performance. Given its growth opportunities, FE makes for a solid investment option in the Utility sector. Currently, the company carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. FE's Growth Projections & Surprise History The Zacks Consensus Estimate for FE's 2024 earnings per share (EPS) is pinned at $2 ...
Is FirstEnergy (FE) Outperforming Other Utilities Stocks This Year?
ZACKS· 2024-10-03 14:46
The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has FirstEnergy (FE) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question. FirstEnergy is one of 105 individual stocks in the Utilities sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 diff ...
Avoid Halloween Scaries with These Holiday Electrical Safety Tips
Prnewswire· 2024-10-03 14:20
FirstEnergy tips to help keep the candy – and electricity – flowing safely AKRON, Ohio, Oct. 3, 2024 /PRNewswire/ -- As neighborhoods across the country gear up for Halloween, FirstEnergy Corp. (NYSE: FE) reminds the public to keep safe in their decorating and celebrations this fall. Celebrating responsibly can help people of all ages enjoy the season safely and keep power flowing reliably. Candace Webb, Manager of Public Safety at FirstEnergy: "As Halloween approaches, it's important to remember that while ...