Welcome to our dedicated page for Firstenergy news (Ticker: FE), a resource for investors and traders seeking the latest updates and insights on Firstenergy stock.
FirstEnergy Corp. (NYSE: FE) is a utility holding company whose electric distribution companies serve more than six million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. Its transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions. The news surrounding FirstEnergy reflects its role in nuclear electric power generation, electric distribution and transmission within the utilities sector.
This news page brings together company-issued updates and other coverage related to FE. Readers can find announcements about quarterly and annual financial results, earnings teleconferences and investor presentations, often referenced in Form 8-K filings and news releases. These items provide insight into how management views performance, uses GAAP and non-GAAP measures and communicates core earnings guidance and strategic priorities.
Because FirstEnergy operates regulated utilities, a significant portion of its news flow centers on regulatory developments and settlements. Examples include Public Utilities Commission of Ohio (PUCO) proceedings and comprehensive settlement agreements that address riders, audits and customer restitution and refunds for Ohio Edison, The Illuminating Company and Toledo Edison customers. Such updates can be important for understanding potential impacts on rates, customer bills and regulatory relationships.
Operational and infrastructure news is another key theme. FirstEnergy and its subsidiaries, including entities like Mid-Atlantic Interstate Transmission and Jersey Central Power & Light, issue releases on grid modernization projects, high-voltage line rebuilds, substation upgrades and other investments intended to enhance reliability and support growth in local communities.
In addition, the FirstEnergy Foundation regularly announces “Gifts of the Season” and other grants to nonprofits in the company’s service territories, highlighting community and philanthropic initiatives. Investors, customers and observers can use this news page to follow developments across financial, regulatory, operational and community dimensions of FirstEnergy’s business.
FirstEnergy (NYSE: FE) subsidiaries Mon Power and Potomac Edison selected a 35-acre Maidsville, West Virginia site for a new 1,200-megawatt natural gas power plant expected to supply roughly half a million homes. If approved by the Public Service Commission of West Virginia, site work could begin as early as 2027 with the plant online in late 2031.
The companies also seek approval for 70 megawatts of new solar across three reclaimed/brownfield sites, adding to 30 megawatts already built since 2024, as part of an Integrated Resource Plan to bolster reliability and affordability.
JCP&L (NYSE: FE) reached the midpoint of a $95 million New Jersey Reliability Improvement Project, reporting fewer outages after 2025 upgrades. Nearly 16,500 customers in parts of Morris and Monmouth saw >80% fewer outages year-over-year. The program upgrades 18 circuits; three county projects aim to help nearly 10,000 customers by year-end.
The work includes strengthened poles and wires, undergrounding, smart devices, reconfigurations and increased tree trimming. This effort is part of FirstEnergy's broader $28 billion Energize365 investment for 2025–2029 to modernize the grid.
FirstEnergy (NYSE: FE) Board declared a quarterly common stock dividend of $0.465 per share, payable June 1, 2026, to shareholders of record May 7, 2026. This is a 4.5% quarterly increase and implies a 2026 annual rate of $1.86 per share, versus $1.78 in 2025, pending continued Board approval.
The company said the 2026 target aligns with a 60-70% payout ratio of Core (non-GAAP) Earnings. FirstEnergy serves over 6 million customers and operates ~24,000 miles of transmission lines across the Midwest and Mid-Atlantic.
FirstEnergy (NYSE: FE) urges customers to avoid releasing helium-filled metallic (foil) balloons ahead of Valentine's Day because the balloons can conduct electricity and contact power lines, causing outages.
In 2025, foil balloons caused 96 outages across the service area, down from 132 in 2020 (a 27% decrease). The company serves over 6 million customers and operates about 24,000 miles of transmission lines.
FirstEnergy (NYSE: FE) electric company Jersey Central Power & Light completed major grid upgrades in northern Monmouth County to strengthen reliability for nearly 25,000 homes and businesses. Key work includes 10 miles of new wire, replacement of 1970s-era poles with wood, steel and laminated structures, and a second set of lines along the corridor.
The project began in mid-2025, is expected to finish in spring 2026, and costs approximately $30 million as part of the Energize365 program supporting FirstEnergy's $28 billion 2025–2029 investment plan.
FirstEnergy Pennsylvania (NYSE: FE) filed a Default Service Plan to buy electricity for default customers starting June 1, 2027, using competitive auctions and new consumer protections. The plan notes generation supply is about 60% of a typical bill, proposes auction schedules for 2027–2031, and shortens Time‑of‑Use peak hours to 3–7 p.m.
The PaPUC is expected to rule by the end of 2026; the filing also proposes automatic returns to default service when fixed or month‑to‑month supplier contracts end.
FirstEnergy (NYSE: FE) reported that employees and community partners planted more than 30,000 trees in 2025, exceeding its annual goal, and plans to plant and donate more than 26,000 trees in 2026. Since 2020, Green Teams have helped put 131,000 trees in the ground.
In 2025 staff volunteered at 151 events for 3,438 hours, planted 26 community gardens (113,289 sq ft), and prioritized native species and underserved communities across its six-state service territory.
Potomac Edison (NYSE: FE) received Maryland Public Service Commission approval for an $11.1 million pilot to help local school systems adopt zero-emission electric buses. The program will fund up to 28 buses, cover the typical $250,000 cost differential per bus, provide charging infrastructure and test vehicle-to-grid (V2G) technology. The pilot launches early 2026, runs up to five years or until funds are exhausted, and targets Potomac Edison's Maryland service territory.
Potomac Edison (NYSE:FE) will provide automatic energy relief bill credits to more than 247,000 Maryland residential customers in February 2026 under the state's Legislative Energy Relief Refund program.
Credit amounts are tiered by annual household use: $45.32 (<570 kWh), $52.82 (570–1,705 kWh) and $60.32 (>1,705 kWh). Credits are funded by utilities and suppliers under Maryland renewable energy laws and will not be charged back to customers.
FirstEnergy (NYSE: FE) completed an underground cable upgrade in McKean County to improve reliability for more than 1,000 Bradford and Bradford Township customers. The work adds larger cables, redundant lines, and protective conduit and follows a 2024 transformer upgrade.
This project is part of Penelec's LTIIP III $538 million investment and FirstEnergy's Energize365 $28 billion modernization plan for 2025–2029.