More than $202 million in investments planned to upgrade electric grid HOLMDEL, N.J., April 24, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE:FE), is set to expand smart grid technology across its northern and central New Jersey service territory following approval from the New Jersey Board of Public Utilities (BPU) for its EnergizeNJ infrastructure investment program (IIP). In accordance with a BPU-approved agreement, JCP&L will invest more than $202.5 million over a three and a half year period starting July 1 to upgrade t

Reports significant improvement in first quarter 2025 GAAP earnings of $0.62 per share and Core Earnings (non-GAAP) of $0.67 per share, versus 2024 GAAP earnings of $0.44 per share and Core Earnings of $0.49 per share On track with 2025 $5 billion investment plan with more than $1 billion in customer-focused capital investments in the first quarter, supporting five-year Energize365 program of $28 billion through 2029 Affirms full-year 2025 Core Earnings guidance of $2.40 to $2.60 per share and 6-8% compounded annual Core Earnings growth rate target from 2025 through 2029 AKRON, Ohio, April 23, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported first quarter 2025 GAAP earnings o

Key leadership positions align with core business model focused on enhancing system investments and customer experience at the local level AKRON, Ohio, April 21, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) has announced the appointment of four new executives to support the company's transmission business, operations and generation in its combined West Virginia/Maryland division and operations in New Jersey. Satvir Deol has been named Vice President, Transmission Operations, effective April 21, reporting to Mark Mroczynski, President, Transmission. He will oversee transmis

Annual event recognizes contributions of men and women who work to keep lights on AKRON, Ohio, April 16, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) is joining electric companies around the country to honor the men and women who work 24/7/365 to keep power flowing ahead of Lineworker Appreciation Day, celebrated nationally each year on April 18. Wade Smith, President of FirstEnergy Utilities: "Lineworkers face hazards every day when they go up in their buckets, climb poles or work on underground power lines, but they don't hesitate to show up in some of the toughest condi

MORRISTOWN, N.J., April 16, 2025 /PRNewswire/ -- Jersey Central Power & Light Company ("JCP&L" or the "Company"), a subsidiary of FirstEnergy Corp., today announced an offer to exchange up to $700 million aggregate principal amount of its outstanding 5.100% Senior Notes due 2035 (the "Outstanding Notes") for an equal amount of 5.100% Senior Notes due 2035 registered under the Securities Act (the "New Notes"). The exchange offer will expire at 5:00 p.m., New York City time, on May 15, 2025, unless extended. Tenders of Outstanding Notes must be made before the exchange offer exp

AKRON, Ohio, April 14, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) electric company Ohio Edison is investing in grid upgrades to help prevent and minimize the impact of power outages in Clark County and meet the projected energy needs of industrial facilities in the area. The work is expected to enhance reliability for nearly 2,700 Ohio Edison customers in the Springfield area while enabling two local manufacturers to expand their businesses, potentially creating hundreds of local jobs. Torrence Hinton, FirstEnergy's Ohio President: "This is an exciting time for economic

New poles and equipment to enhance electric service reliability for nearly 1,000 customers ERIE, Pa., April 10, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE:FE) subsidiary doing business as Penelec in northern and central Pennsylvania, has completed work to enhance its energy delivery system in Venango and Crawford counties to help prevent or minimize the length of service disruptions, particularly during severe weather. The project included replacing more than 40 wood poles, crossarms, fuses, switches and other equipment on

Replacing wires and poles should help prevent or minimize outages for nearly 300 Met-Ed customers READING, Pa., April 9, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE:FE) subsidiary doing business as Met-Ed in eastern Pennsylvania, is completing work to upgrade its energy delivery system in northwestern York County to help prevent or minimize the length of service disruptions, particularly during cold or hot weather when customers use more electricity to stay comfortable. The project centers on replacing more than a mile of o

Extensive upgrade project includes more than 14 miles of new wiring HOLMDEL, N.J., April 8, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE:FE), has begun construction on a comprehensive project designed to help prevent or minimize the impact of power outages for more than 5,000 northern New Jersey customers. The work will take place along multiple power lines running from JCP&L's Cozy Lake substation, benefitting customers in Jefferson and Rockaway Townships in Morris County, West Milford Township in Passaic County and Hardys

AKRON, Ohio, April 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) announced today that Nick Pearson has been named Vice President, Federal Government Affairs, effective April 7. In this role, Pearson will oversee the company's Washington, D.C. offices and guide engagement and strategy on federal energy policy issues that significantly impact the company's customers, employees and operations. Pearson will report to Amanda Mertens Campbell, Vice President of External Affairs. "Nick's energy industry knowledge, coupled with his years of experience working on Capitol Hill, wi

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Key leadership positions align with core business model focused on enhancing system investments and customer experience at the local level AKRON, Ohio, April 21, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) has announced the appointment of four new executives to support the company's transmission business, operations and generation in its combined West Virginia/Maryland division and operations in New Jersey. Satvir Deol has been named Vice President, Transmission Operations, effective April 21, reporting to Mark Mroczynski, President, Transmission. He will oversee transmis

CRA International, Inc. (NASDAQ:CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE:FE) Ohio subsidiaries – Ohio Edison, The Illuminating Company and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for January 21, 2025. The bidding process will use a descending-price clock auction format. The auction will be managed by the Auction Manager, CRA International, Inc. The auction is being conducted pursuant to approval from the Public Utilities Commission of

CRA International, Inc. (NASDAQ:CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE:FE) Ohio subsidiaries – Ohio Edison, The Illuminating Company and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for October 1, 2024.* The bidding process will use a descending-price clock auction format. The auction will be managed by the Auction Manager, CRA International, Inc. and will be conducted pursuant to approval from the Public Utilities Commission of Ohio (PUC

President and CEO Brian X. Tierney highlights company's progress and strong position in shareholder address; Company announces preliminary voting results  AKRON, Ohio, May 22, 2024 /PRNewswire/ -- Speaking at the company's 2024 Annual Meeting of Shareholders, FirstEnergy Corp. (NYSE:FE) President and Chief Executive Officer Brian X. Tierney said FirstEnergy has become a stronger and more resilient company with a foundation of integrity and a very bright future. "We have a strong foundation, clear focus and robust strategy to deliver long-term value to our shareholders, custome

Business unit leaders with expanded executive responsibilities to support better execution and customer investments at the local level  Jim Fakult, President, New Jersey Operations, to retire after 37 years of service AKRON, Ohio, May 21, 2024 /PRNewswire/ -- To help drive its transformation to a premier electric company, FirstEnergy Corp. (NYSE:FE) today announced the appointment of four new executives to oversee the company's Ohio, Pennsylvania and New Jersey state electric company businesses and its stand-alone transmission companies: John Hawkins – President, Pennsylvania,

CRA International, Inc. (NASDAQ:CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE:FE) Ohio subsidiaries – Ohio Edison, The Illuminating Company, and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for March 19, 2024. The bidding process will use a descending-price clock auction format. The auction will be managed by the Auction Manager, CRA International, Inc. The auction is being conducted pursuant to approval from the Public Utilities Commission of O

Wade Smith Joins Company as President, FirstEnergy Utilities; Toby L. Thomas Joins as Chief Operating Officer AKRON, Ohio, Nov. 21, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that Wade Smith has been named president, FirstEnergy Utilities, and Toby L. Thomas has been named chief operating officer of FirstEnergy, effective Dec. 18 and Nov. 30, respectively. The addition of these two senior executives is an important step in driving forward the company's transformation into a premier electric utility. Both leaders will report directly to President and Chief Executive Officer Brian X. Tierney.

CRA International, Inc. (NASDAQ:CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE:FE) Pennsylvania utilities — Metropolitan Edison Company ("Met-Ed"), Pennsylvania Electric Company ("Penelec"), Pennsylvania Power Company ("Penn Power") and West Penn Power Company ("West Penn Power") — to procure full requirements Default Supply generation service for their Default Service Customers. The auction process will lead up to the auction scheduled for November 6, 2023. The bidding process will use a descending-price clock auction format. The auction will be managed

Board Chair, Interim President and CEO John W. Somerhalder addresses shareholders Company announces preliminary voting results Brian X. Tierney appointed to Board of Directors AKRON, Ohio, May 24, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) Board Chair, Interim President and Chief Executive Officer John W. Somerhalder told shareholders today that FirstEnergy is making progress on its plans to drive long-term success and create sustainable value for all of its stakeholders. Speaking at the company's 2023 Annual Meeting of Shareholders, he said this is an exciting moment in the company's history.

President and Chief Executive Officer Steven E. Strah to Retire John W. Somerhalder Appointed Interim President and Chief Executive Officer Board to Initiate Search for Permanent Successor AKRON, Ohio, Sept. 15, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that John W. Somerhalder II, chair of the FirstEnergy Board of Directors, has been named interim president and chief executive officer (CEO), effective September 16, 2022. Mr. Somerhalder's appointment follows Steven E. Strah's decision to retire as president and CEO of FirstEnergy and as a member of the Board of Directors.

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Reports significant improvement in first quarter 2025 GAAP earnings of $0.62 per share and Core Earnings (non-GAAP) of $0.67 per share, versus 2024 GAAP earnings of $0.44 per share and Core Earnings of $0.49 per share On track with 2025 $5 billion investment plan with more than $1 billion in customer-focused capital investments in the first quarter, supporting five-year Energize365 program of $28 billion through 2029 Affirms full-year 2025 Core Earnings guidance of $2.40 to $2.60 per share and 6-8% compounded annual Core Earnings growth rate target from 2025 through 2029 AKRON, Ohio, April 23, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported first quarter 2025 GAAP earnings o

AKRON, Ohio, April 2, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) will release financial results for the first quarter of 2025 after markets close on Wednesday, April 23. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 9 a.m. EDT on Thursday, April 24. 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 slides via FirstEnergy's Investor Information website, www.firstenergycorp.com/ir. The webcas

Represents 2025 annual rate of $1.78 per share, pending continued Board approval; Compares to $1.70 per share in 2024 declared dividends  AKRON, Ohio, March 19, 2025 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.445 per share of outstanding common stock payable June 1, 2025, to shareholders of record at the close of business on May 7, 2025. "We are pleased to announce our third dividend increase since September 2023, reflecting our commitment to delivering shareholder value," said Brian X. Tierney, Board Chair,

Project awards represent approximately $1.25 billion in customer-focused investments for FirstEnergy Transmission and $46 million for other FirstEnergy subsidiaries AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- FirstEnergy Transmission LLC (FET), jointly owned by FirstEnergy Corp. (NYSE:FE) and Brookfield Super-Core Infrastructure Partners, has been awarded multiple transmission projects by grid operator PJM Interconnection that are designed to strengthen the electric grid and support regional economic growth. The awards include projects that FET will develop through the Valley Link Transmission Company LLC joint venture with Dominion Energy and American Electric Power Company, as well as proje

Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the coming months AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by FirstEnergy Transmission LLC, Dominion Energy and American Electric Power Company through it

Reports full year 2024 GAAP earnings of $1.70 per share and Operating (non-GAAP) earnings of $2.63 per share, within guidance range Customer-focused capital investments of $4.5 billion in 2024 to improve grid reliability and resiliency and support the energy transition represent a 20% increase over 2023 Expands Energize365 capital investment program through 2029 with planned capital investments of $28 billion, an 8% increase from previous five-year plan, resulting in anticipated 9% rate base growth Introduces 2025 Core (non-GAAP) earnings guidance and a targeted 6-8% compound annual Core earnings growth rate through the five-year planning period AKRON, Ohio, Feb. 26, 2025 /PRNewswire/ -- Fir

AKRON, Ohio, Feb. 11, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) will release financial results for the fourth quarter and full year of 2024 after markets close on Wednesday, February 26. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 8 a.m. EST on Thursday, February 27. 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 slides via FirstEnergy's Investor Information website, www.firstenergyco

AKRON, Ohio, Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of $0.425 per share of outstanding common stock payable March 1, 2025, to shareholders of record at the close of business on February 7, 2025. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New

Reports third quarter 2024 GAAP earnings from continuing operations of $0.73 per share and operating (non-GAAP) earnings of $0.85 per share, within guidance range Narrows full-year 2024 operating (non-GAAP) earnings guidance to $2.61 to $2.71 per share  Increases 2024 capital investment plan from $4.3 billion to $4.6 billion, an increase of approximately 7%, and 24% higher than 2023 Affirms targeted 6-8% long-term annual operating earnings growth AKRON, Ohio, Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported third quarter 2024 GAAP earnings from continuing operations of $419 million, or $0.73 per basic and diluted share, on revenue of $3.7 billion. This compares to th

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 slides via FirstEnergy's Investor Information website, www.firstenerg