Latest news with #DougMokoid
Yahoo
3 days ago
- Business
- Yahoo
JCP&L Helping Lessen Impacts of Electricity Supply Price Increase During Hot Summer Months
Credits, benefits enhance year-round programs that aid customers HOLMDEL, N.J., June 18, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval from the New Jersey Board of Public Utilities (BPU) to implement measures that will help ease the impact of rising electricity prices on families. Doug Mokoid, FirstEnergy's President of New Jersey: "Electricity supply costs, which are nearly 60% of a family's bill in our service territory, have surged this summer. While we don't control supply prices, we are committed to helping customers manage these increases through new and expanded assistance programs." To help offset higher summer costs, JCP&L will apply a $30 deferral credit on all residential bills in July and August. The deferral credit will be recovered through a $10 monthly charge from September through February, when electricity use is lower. The approved measures also include: A limited suspension of service shut-offs in July, August and September, following the same criteria as the Winter Termination Program, which provides protection for certain vulnerable customers. Waived reconnection fees from July 1-Sept. 30. Enhanced deferred payment agreements, or payment plans, allowing customers to spread past-due balances over up to 24 months instead of 12 months. These initiatives complement JCP&L year-round offerings to help manage energy usage and costs: Bill assistance programs for income-eligible customers, those with medical needs and others facing financial hardship. Visit Energy efficiency tools, including the Home Energy Analyzer, whole home energy solutions, HVAC rebates, appliance rebates and recycling. Visit Easy-to-implement tips and tricks, including smart landscaping and a guide of 100 ways to save energy without sacrificing comfort. Visit Why Supply Costs Are Rising Residential electric bills include two main charges: JCP&L's delivery charge, which covers system maintenance and power delivery, and supplier charges, which reflect the cost of generated electricity from power plants and other sources of generation. Watch a video on FirstEnergy's YouTube channel to learn more about why New Jersey electricity supply costs are rising. New Jersey customers can choose their electricity supplier. Those who don't are automatically enrolled in Basic Generation Service (BGS), which JCP&L procures through a competitive auction. A combination of rising demand and reduced supply due to power plant retirements have driven up supply prices. As a result, the BGS rates have spiked, increasing the average residential bill by 19.6%. The average JCP&L residential customer uses 777 kilowatt-hours (kWh) per month. JCP&L is not an electricity supplier and simply passes supply costs directly to customers at no mark up. JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on X @JCP_L, on Facebook at or online at 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 York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X @FirstEnergyCorp or online at View original content to download multimedia: SOURCE FirstEnergy Corp.
Yahoo
3 days ago
- Business
- Yahoo
JCP&L Helping Lessen Impacts of Electricity Supply Price Increase During Hot Summer Months
Credits, benefits enhance year-round programs that aid customers HOLMDEL, N.J., June 18, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval from the New Jersey Board of Public Utilities (BPU) to implement measures that will help ease the impact of rising electricity prices on families. Doug Mokoid, FirstEnergy's President of New Jersey: "Electricity supply costs, which are nearly 60% of a family's bill in our service territory, have surged this summer. While we don't control supply prices, we are committed to helping customers manage these increases through new and expanded assistance programs." To help offset higher summer costs, JCP&L will apply a $30 deferral credit on all residential bills in July and August. The deferral credit will be recovered through a $10 monthly charge from September through February, when electricity use is lower. The approved measures also include: A limited suspension of service shut-offs in July, August and September, following the same criteria as the Winter Termination Program, which provides protection for certain vulnerable customers. Waived reconnection fees from July 1-Sept. 30. Enhanced deferred payment agreements, or payment plans, allowing customers to spread past-due balances over up to 24 months instead of 12 months. These initiatives complement JCP&L year-round offerings to help manage energy usage and costs: Bill assistance programs for income-eligible customers, those with medical needs and others facing financial hardship. Visit Energy efficiency tools, including the Home Energy Analyzer, whole home energy solutions, HVAC rebates, appliance rebates and recycling. Visit Easy-to-implement tips and tricks, including smart landscaping and a guide of 100 ways to save energy without sacrificing comfort. Visit Why Supply Costs Are Rising Residential electric bills include two main charges: JCP&L's delivery charge, which covers system maintenance and power delivery, and supplier charges, which reflect the cost of generated electricity from power plants and other sources of generation. Watch a video on FirstEnergy's YouTube channel to learn more about why New Jersey electricity supply costs are rising. New Jersey customers can choose their electricity supplier. Those who don't are automatically enrolled in Basic Generation Service (BGS), which JCP&L procures through a competitive auction. A combination of rising demand and reduced supply due to power plant retirements have driven up supply prices. As a result, the BGS rates have spiked, increasing the average residential bill by 19.6%. The average JCP&L residential customer uses 777 kilowatt-hours (kWh) per month. JCP&L is not an electricity supplier and simply passes supply costs directly to customers at no mark up. JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on X @JCP_L, on Facebook at or online at 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 York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X @FirstEnergyCorp or online at View original content to download multimedia: SOURCE FirstEnergy Corp. Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
JCP&L Employee Volunteers Plant Thousands of Donated Trees in N.J.
Total helps put FirstEnergy on pace to exceed 2025 tree donation goal HOLMDEL, N.J., June 11, 2025 /PRNewswire/ -- Employee volunteers from Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), have planted more than 2,000 company-donated trees across JCP&L's New Jersey service territory in 2025 as part of the company's commitment to the environment and sustainability. JCP&L volunteers are planting thousands of trees in N.J. in 2025. JCP&L is more than two-thirds of the way towards eclipsing last year's total of 2,795 trees, with 2,174 trees donated and planted to date. The work is part of a larger effort by FirstEnergy, which is on pace to pass its goal of donating 25,000 trees in 2025 across its five-state service territory. So far this year, nearly 23,000 trees have been planted. Doug Mokoid, FirstEnergy's President, New Jersey: "We are fortunate to work and raise our families in one of the most beautiful states in the country and privileged to give back to our communities with a program that provides a greener, cleaner and healthier environment. Our team members often clean up fallen trees after storms, and I'm proud of their commitment to volunteering their time to restore what was lost by planting anew." Tree-planting locations are chosen in partnership with local nonprofit organizations with a focus on ensuring the trees are placed safely away from power lines and other utility infrastructure. Tree varieties include native species like red maple, river birch, white and northern red oak, shagbark and bitternut hickory, pitch pine and dogwoods. Some of this year's tree-planting events include:
Yahoo
11-06-2025
- Business
- Yahoo
JCP&L Employee Volunteers Plant Thousands of Donated Trees in N.J.
Total helps put FirstEnergy on pace to exceed 2025 tree donation goal HOLMDEL, N.J., June 11, 2025 /PRNewswire/ -- Employee volunteers from Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), have planted more than 2,000 company-donated trees across JCP&L's New Jersey service territory in 2025 as part of the company's commitment to the environment and sustainability. JCP&L is more than two-thirds of the way towards eclipsing last year's total of 2,795 trees, with 2,174 trees donated and planted to date. The work is part of a larger effort by FirstEnergy, which is on pace to pass its goal of donating 25,000 trees in 2025 across its five-state service territory. So far this year, nearly 23,000 trees have been planted. Doug Mokoid, FirstEnergy's President, New Jersey: "We are fortunate to work and raise our families in one of the most beautiful states in the country and privileged to give back to our communities with a program that provides a greener, cleaner and healthier environment. Our team members often clean up fallen trees after storms, and I'm proud of their commitment to volunteering their time to restore what was lost by planting anew." Tree-planting locations are chosen in partnership with local nonprofit organizations with a focus on ensuring the trees are placed safely away from power lines and other utility infrastructure. Tree varieties include native species like red maple, river birch, white and northern red oak, shagbark and bitternut hickory, pitch pine and dogwoods. Some of this year's tree-planting events include: More than 580 trees planted on Earth Day with the Girl Scouts of the Jersey Shore at Camp Sacajawea in Farmingdale. 400 trees planted with Schiff Natural Lands Trust and the Mendham Township Environmental Commission at the Tempe Wick Preserve in Mendham. Collaborations with Shade Tree Commissions and Parents Teacher Organizations to plant trees at local schools, including 160 trees at Howell Middle School South in Howell, 100 trees at Milford Brook Elementary School in Manalapan and 64 trees at Clara B. Worth Elementary School in Bayville. Nearly 180 trees planted at the Wattles Stewardship Center in Port Murray with the N.J. Audubon Society and another 250 trees planted with the Musconetong Watershed Association at Hampton Borough Park in Hampton. More than 300 trees planted at Winding River Park in Toms River, days after a wildfire scorched more than 15,000 acres just 10 miles to the south. In addition to tree plantings, JCP&L employees volunteer at events that include tree donations. In early May, volunteers gave away 150 tree seedlings at the New Jersey Sustainability Summit, hosted by Sustainable Jersey at Bell Works in Holmdel, home to JCP&L's central New Jersey headquarters. The efforts are led by JCP&L's Green Team, a group of employees that volunteer their time and talents to develop and support environmental initiatives. So far this year, more than 40 JCP&L Green Team members have donated a total of 214 hours to tree-planting events. JCP&L launched FirstEnergy's first Green Team in 2018, and the company now has Green Team chapters in each of the states it serves. JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on X @JCP_L, on Facebook at or online at 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 York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X @FirstEnergyCorp or online at Editor's Note: Photos of JCP&L volunteers planting trees at 2025 tree planting events are available for download on Flickr. View original content to download multimedia: SOURCE FirstEnergy Corp. Sign in to access your portfolio
Malaysian Reserve
08-05-2025
- Business
- Malaysian Reserve
FirstEnergy Foundation Donates $25,000 to American Red Cross
Donation in New Jersey region follows Red Cross response to Ocean County wildfire HOLMDEL, N.J., May 8, 2025 /PRNewswire/ — The FirstEnergy Foundation has donated $25,000 to the American Red Cross to support its efforts to offer disaster assistance to families living in communities served by FirstEnergy Corp. (NYSE: FE) electric company Jersey Central Power & Light (JCP&L). The donation comes after the Red Cross provided aid to some of the 5,000 residents who evacuated due to the Jones Road Wildfire, which burned through more than 15,000 acres in parts of JCP&L's Ocean County territory in April. Doug Mokoid, FirstEnergy's President, New Jersey: 'When our crews respond to disasters, both in our territory or as part of mutual aid, it is the American Red Cross that is routinely there, providing the support that sustains communities in the immediate aftermath. Last month's wildfire burned close to home for many of our customers and employees, and once again, the Red Cross stepped up when people needed them most.' The fast-moving fire threatened more than 1,300 structures and put 3,000 residents in Ocean and Lacey townships under mandatory evacuation orders. Thousands more heeded voluntary orders to find safer ground. JCP&L temporarily shut off power to more than 25,000 customers in the area at the request of the fire's command post for the safety of firefighters. Kim Goetz, Executive Director of the American Red Cross New Jersey Region: 'When a quick moving wildfire forced thousands of people to evacuate their Ocean County homes in New Jersey, the Red Cross was there, working with partners to provide temporary shelter, care, comfort and meals to more than 300 people who had no place to go. Our volunteers supported first responders and firefighters as they battled the Jones Road Fire, providing meals, snacks, coffee and other beverages. Without the selfless dedication of volunteers and supporters like the FirstEnergy Foundation, our work is not possible. We're grateful for this incredible donation, which enables the Red Cross to prepare for and respond to disasters big and small.' The FirstEnergy Foundation provides support to 501(c)(3) tax-exempt nonprofits, including health and human services agencies, educational organizations, cultural and arts programs and institutions, and civic groups in areas served by FirstEnergy's electric operating companies and in areas where the company conducts business. JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on X @JCP_L, on Facebook at or online at 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 York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X @FirstEnergyCorp or online at
