Settlement Reached in JCP&L Rate Review that Supports Continued Reliability Enhancements

If approved, residential rates will remain the lowest among the state's regulated electric utilities HOLMDEL, N.J., Feb. 5, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L) has reached a settlement in its base rate review currently pending with the New Jersey Board of Public Utilities (BPU). If approved by the BPU, the settlement will help JCP&L invest in enhancements that further strengthen electrical infrastructure to benefit its 1.1 million customers whi ...