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. reports developments for an investor-owned electric utility holding company with distribution companies in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York and transmission subsidiaries that connect the Midwest and Mid-Atlantic regions.
Recurring updates cover GAAP and core earnings, distribution and transmission rate-base growth, capital spending for grid reliability, and regulatory proceedings such as Ohio distribution rate plans. Company news also covers projects by American Transmission Systems, Potomac Edison, Ohio Edison, Toledo Edison and The Illuminating Company, including line rebuilds, tree trimming, time-of-use rates, storm restoration and operational leadership changes.
FirstEnergy (NYSE:FE) reports that Ohio Edison, Toledo Edison and The Illuminating Company are prepared to respond to potential power outages from severe weather expected Wednesday evening. Forecasts call for strong winds, heavy rain and possible tornadoes that could damage trees, branches and power lines.
To support restoration, FirstEnergy has in-state crews plus more than 1,000 outside line workers, along with forestry and damage assessment teams. The company highlights year‑round grid reliability efforts, including tree trimming, system upgrades and aerial inspections, and shares detailed customer safety, preparedness and outage‑reporting guidance.
FirstEnergy (NYSE: FE) reports that its Pennsylvania utilities Penn Power, Penelec, Met-Ed and West Penn Power are preparing for a fourth severe storm system in 12 days, with wind gusts up to 65 mph. Crews, forestry teams and incident command are mobilized to support 24/7 restoration.
According to FirstEnergy, its Energize365 initiative plans about $13 billion of grid investments from 2026-2030 to improve resilience against increasingly severe weather.
Jersey Central Power & Light (subsidiary of FirstEnergy, NYSE: FE) extended its registered exchange offer for three senior note series: 4.150% due 2029 ($350M), 4.400% due 2031 ($500M) and 5.150% due 2036 ($500M).
The expiry moved from June 1 to June 15, 2026, 5:00 p.m. NYC time. About 99.6067% of outstanding notes had been tendered by June 1, 2026.
FirstEnergy (NYSE:FE) Ohio utilities Ohio Edison, The Illuminating Company and Toledo Edison filed a three-year rate plan with PUCO to fund reliability investments and expand customer support.
The plan targets about $800 million per year in grid upgrades, $83 million annually for vegetation management, new and expanded bill-assistance programs, and gradual distribution-rate increases from 2027–2029 for typical residential customers.
FirstEnergy (NYSE: FE) subsidiaries Mon Power and Potomac Edison requested a West Virginia PSC rate review, proposing two options to fund reliability and infrastructure investments while limiting bill shocks.
One inflates-and-invests plan seeks a $76M adjustment via two smaller increases; a traditional base-rate option seeks $188M, including a larger reliability program. Residential rates are expected to remain low versus other regulated utilities in West Virginia, supporting upgrades that have already cut transmission outage duration by 43.8% and reduced rural outage time by about four hours a year.
FirstEnergy (NYSE: FE) reported Q1 2026 GAAP earnings of $405 million, or $0.70 per share, and Core EPS $0.72 (up 7.5% year-over-year). The company invested $1.4 billion in Q1 and reaffirmed 2026 Core EPS guidance of $2.62–$2.82 and a $36 billion 2026–2030 Energize365 capital plan.
The Energize365 plan is expected to drive ~10% compounded rate base growth through 2030 and Core EPS CAGR near the top end of 6–8% from 2026–2030.
FirstEnergy (NYSE: FE) volunteers from West Penn Power will give away more than 200 flowering dogwoods in Jeannette, Westmoreland County on April 27, 2026 starting at 10:00 a.m.
The giveaway is part of Earth Day and Arbor Day activities; volunteers will also assist with the local community garden and provide tree-planting guidance, including recommended distances from overhead power lines.
FirstEnergy (NYSE: FE) said its Ohio electric companies plan to file a Three-Year Rate Plan (TYRP) with the Public Utilities Commission of Ohio by May 22, 2026. The TYRP proposes forward-looking distribution investments to improve reliability and make bill changes more predictable.
Key metrics include an average of $800 million annually for poles, wires and equipment and $83 million annually for expanded tree trimming. Projected average annual residential distribution bill changes: Ohio Edison +2.2%, Illuminating Company +2.6%, Toledo Edison +2.8%. The plan affects distribution charges only, not electricity supply.
FirstEnergy (NYSE:FE) is rebuilding about 11 miles of the West Unity (Stryker) 69-kV line in eastern Williams County to boost reliability for Toledo Edison customers. Work began in January and replaces poles, adds steel structures, thicker higher-capacity wire and smart technology.
The approximately $24 million project is part of Energize365, within a planned $36 billion 2026–2030 investment program; northwest Ohio will receive more than $200 million in high-voltage enhancements. Since 2020, ATSI reports a 31% reduction in transmission outages in Ohio.
Potomac Edison (NYSE: FE) launched a new residential time-of-use (TOU) rate for Maryland customers effective April 20, 2026. The rate charges about 16¢/kWh on-peak and about 9¢/kWh off-peak through May 31, 2026, a roughly 44% discount during off-peak hours.
Enrollment has no upfront cost, requires a meter replacement, and the rate excludes customers on the EV charger TOU rider.