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FirstEnergy PA Gets Approval for Infrastructure Improvement Plans
ZACKS· 2024-12-23 14:05
FirstEnergy Corporation (FE) announced that it has received approval from the Pennsylvania Public Utility Commission (PaPUC) to implement phase three of its Long-Term Infrastructure Improvement Plans (LTIIP III) to ensure electric service reliability for more than two million Pennsylvania customers.Over the next five years, FE PA aims to invest an additional $1.42 billion in capital projects throughout its service regions. These initiatives are expected to decrease the incidence of service outages and minim ...
FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035
Prnewswire· 2024-12-23 13:00
FAIRMONT, W.Va., Dec. 23, 2024 /PRNewswire/ -- FirstEnergy Transmission, LLC ("FET" or the "Company"), a subsidiary of FirstEnergy Corp. and a holding company of electric transmission companies operating in Ohio, Pennsylvania, West Virginia, Maryland and Virginia, today announced an offer to exchange (i) up to $400 million aggregate principal amount of its outstanding 4.550% Senior Notes due 2030 (the "Outstanding 2030 Notes") for an equal amount of 4.550% Senior Notes due 2030 registered under the Securiti ...
FirstEnergy Names Three to Vice President Roles
Prnewswire· 2024-12-20 16:45
Leaders selected to oversee Finance and Regulatory for Pennsylvania and New Jersey; Construction and Design Services AKRON, Ohio, Dec. 20, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it has hired Kelly Gower as Vice President, Finance and Regulatory for Pennsylvania and Teresa Reed as Vice President, Finance and Regulatory for New Jersey. In addition, Jeremy W. Hay has been promoted to Vice President, Construction and Design Services. All positions are effective December 30. As Vice Pr ...
FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans
Prnewswire· 2024-12-19 21:45
Work to enhance smart grid across Pennsylvania will continue through 2029GREENSBURG, Pa., Dec. 19, 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, has received approval from the Pennsylvania Public Utility Commission (PaPUC) to implement phase three of its Long-Term Infrastructure Improvement Plans (LTIIP III) to help ensure continued electric service reliability for more than two million P ...
"Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation
Prnewswire· 2024-12-19 19:45
Recipients provide support to vulnerable individuals across JCP&L's service areaHOLMDEL, N.J., Dec. 19, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted "Gifts of the Season" totaling nearly $20,000 to three nonprofits that are working to make lives better in New Jersey communities served by FirstEnergy Corp (NYSE: FE) electric company Jersey Central Power & Light (JCP&L).  Watch a video explaining how these FirstEnergy Foundation grants will strengthen New Jersey communities on FirstEnergy's You ...
FirstEnergy Foundation Surprises Maryland and West Virginia Agencies with Donations Totaling $40,000 Ahead of Holidays
Prnewswire· 2024-12-19 19:03
"Gifts of the season" made to Operation Second Chance and Stars That ShineWILLIAMSPORT, Md., Dec. 19, 2024 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently presented surprise $20,000 donations to two nonprofit organizations that are working to improve the quality of life in Maryland and West Virginia communities served by the company. The gifts were presented to Operation Second Chance and Stars That Shine on behalf of the FirstEnergy Foundation as part of its annual ho ...
FirstEnergy Foundation Surprises West Virginia Agencies with "Gifts of the Season" Totaling Nearly $20,000
Prnewswire· 2024-12-19 18:48
Recipients provide key services to communities within Mon Power's service areaFAIRMONT, W.Va., Dec. 19, 2024 /PRNewswire/ -- Mon Power, a FirstEnergy Corp (NYSE: FE) electric company, recently presented surprise $6,650 donations to three nonprofit organizations that are working to improve the quality of life in West Virginia communities served by the company. The gifts were presented on behalf of the FirstEnergy Foundation as part of its annual holiday "Gifts of the Season" campaign.The recipients of this y ...
"Gifts of the Season" Totaling $70,000 Presented to Nonprofits in Pennsylvania
Prnewswire· 2024-12-19 17:10
Donations are part of the FirstEnergy Foundation's annual holiday philanthropic campaignGREENSBURG, Pa., Dec. 19, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" totaling $70,000 to six local Pennsylvania nonprofits that are working to make lives better in communities served by FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power.Watch a video explaining how these FirstEnerg ...
FirstEnergy Names Brian X. Tierney Chair of the Board
Prnewswire· 2024-12-18 21:20
Core Viewpoint - FirstEnergy Corp. has appointed Brian X. Tierney as Chair of the Board, effective January 1, 2025, while John W. Somerhalder II will remain a director, and Lisa Winston Hicks will continue as Lead Independent Director [1][2]. Group 1: Leadership Changes - Brian X. Tierney has been unanimously elected as Chair of the Board, succeeding John W. Somerhalder II [1][2]. - The Board believes that combining the roles of CEO and Chair will enhance the company's ability to deliver secure and reliable energy through its Energize365 capital investment program [2][3]. - Tierney has been serving as President and CEO since June 1, 2023, and has extensive experience in the electric utility sector [4]. Group 2: Company Strategy and Vision - FirstEnergy is focused on creating shareholder value by fulfilling financial commitments and driving continuous improvement across its regulated electric companies [3]. - The company aims to capitalize on opportunities presented by the energy transition while maintaining a strong independent Board leadership under Lisa Winston Hicks [3]. Group 3: Company Overview - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving customers across several states including Ohio, Pennsylvania, and New York [5]. - The company's transmission subsidiaries manage approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions [5].
Follow Electric Safety Tips for Common Gifts to Keep Holidays Merry and Bright
Prnewswire· 2024-12-17 15:53
FirstEnergy encourages caution when gifting and flying drones this seasonAKRON, Ohio, Dec. 17, 2024 /PRNewswire/ -- December is National Safe Toys and Gifts Month, which highlights the importance of being cautious about the gifts we give to our loved ones this holiday season. FirstEnergy Corp. (NYSE: FE) reminds customers to keep electrical safety in mind while selecting and trying out new toys and products received during the holidays.Drones are one of the hottest holiday gifts again this year. Understandi ...