AKRON, Ohio, Nov. 20, 2024 /PRNewswire/ -- In recognition of Utility Scam Awareness Day on Wednesday, Nov. 20, FirstEnergy Corp. (NYSE: FE) is offering tips to prevent the public from falling for common utility scams, especially as the cold winter months are fast approaching. Scammers often prey on the fears of vulnerable customers to steal their personal information and trick them into paying “unpaid bills” to avoid service disconnection. To date in 2024, FirstEnergy has received more than 3,400 report ...

FirstEnergy offers tips to help keep people of all ages safe from electrical hazards AKRON, Ohio, Nov. 18, 2024 /PRNewswire/ -- With the holiday season fast approaching, FirstEnergy Corp. (NYSE: FE) is reminding customers to reduce electrical hazards and potential fire risks at home by following important safety tips when installing holiday lights and decorations. According to the National Fire Protection Association (NFPA), U.S. fire departments respond to an average of 835 home structure fires per year th ...

 Projects to enhance reliability for more than 53,000 customers in West Virginia and MarylandFAIRMONT, W.Va., Nov. 14, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been awarded $50 million in federal funding by the U.S. Department of Energy's Grid Deployment Office for projects that will enhance electric service reliability for more than 53,000 Mon Power and Potomac Edison customers in West Virginia and Maryland. The funding is part of the Grid Resilience and Innovation Partnerships (GRIP) Program ...

Grid upgrades will also relocate lines away from hard-to-access railroad tracksHOLMDEL, N.J., Nov. 13, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is relocating and upgrading power lines in portions of Bernardsville, Somerset County, to enhance electric service for customers in Bernardsville and nearby towns. The $1.75 million project is expected to be completed later this month.The project involves moving a section of power line extending from JC ...

Honor from national military support organization recognizes workplace and supplier diversity opportunities for veterans and their familiesAKRON, Ohio, Nov. 12, 2024 /PRNewswire/ -- For the ninth time in the past 10 years, FirstEnergy Corp. (NYSE: FE) has been designated a Military Friendly® Company by Military Friendly, a national organization supporting the U.S. military and its veterans. The recognition is one of four awards FirstEnergy earned this year from Military Friendly, which were announced on Vet ...

Sagot brings two decades of finance and utility experience; Davies brings three decades of experience driving operational excellence and enterprise transformationAKRON, Ohio, Nov. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Karen Sagot has been named Vice President, Investor Relations, effective Nov. 10, and Sean Davies has been named Vice President, Continuous Improvement, effective Nov. 18.As Vice President of Investor Relations, Sagot will lead and execute FirstEnergy's inve ...

New and expanded programs designed to meet increased energy savings targetsHOLMDEL, N.J., Oct. 31, 2024 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has obtained approval from the New Jersey Board of Public Utilities (BPU) to expand its energy efficiency programs. The two-and-a-half-year program is designed to achieve electricity savings and other objectives of the N.J. Clean Energy Act of 2018 and the N.J. Energy Master Plan.Doug Mokoid, FirstEnergy' ...

FirstEnergy Corp. (NYSE:FE) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Gina Caskey - Director, Investor Relations & Corporate Responsibility Brian Tierney - President and Chief Executive Officer Jon Taylor - Senior Vice President, Chief Financial Officer and Strategy Conference Call Participants Shahriar Pourreza - Guggenheim Securities Nick Campanella - Barclays David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Michael Lonegan - Evercore ISI Anthony Crowd ...

FirstEnergy (FE) reported third-quarter 2024 operating earnings of 85 cents per share, which lagged the Zacks Consensus Estimate of 95 cents by 6.6%. The bottom line decreased 3.4% from the year-ago figure of 88 cents. The year-over-year decline in earnings was due to significantly higher storm restoration costs in the third quarter and lower distribution revenues in Ohio as a result of the Electric Security Plan V order, partially offset by lower operating expenses. On a GAAP basis, the third-quarter earni ...

FirstEnergy (FE) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -6.59%. A quarter ago, it was expected that this utility company would post earnings of $0.56 per share when it actually produced earnings of $0.56, delivering no surprise. Over the last four quarters, the company has su ...