Latest news with #FirstEnergy
Yahoo
2 days ago
- Business
- Yahoo
Hot Days Don't Have to Mean High Bills
Manage summer energy use wisely with tips from FirstEnergy AKRON, Ohio, June 19, 2025 /PRNewswire/ -- With the first major heat wave of the season approaching, FirstEnergy Corp. (NYSE: FE) is here to help you with practical tips to stay cool, comfortable and in control of your energy costs. Wade Smith, President of FirstEnergy Utilities: "When the weather heats up, it's easy for energy use to climb. With a few simple steps, customers can control their comfort without spending more than they need to." Here are 10 easy ways to keep cool and cut costs this summer: Boost airflow with ceiling or box fans to reduce AC use. Use window AC units only when rooms are occupied. Set thermostats as high as comfort allows. Block the sun by keeping blinds and curtains closed during daylight hours. Close vents and doors to rooms not being used. Delay chores like laundry, dishwashing and cooking until early morning or late evening. Grill outdoors instead of heating up your kitchen. Unplug electronics and chargers when not in use. Choose ENERGY STAR® appliances and HVAC systems when upgrading. Clean or replace HVAC filters regularly. Want more ways to save? Visit for tools and programs to help you take control of your energy use. Need help with your bill? Explore bill assistance programs and budget billing options that help manage monthly costs 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 more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at and on Twitter @FirstEnergyCorp. View original content to download multimedia: SOURCE FirstEnergy Corp. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
2 days ago
- Business
- Yahoo
FirstEnergy price target lowered to $47 from $48 at Morgan Stanley
Morgan Stanley lowered the firm's price target on FirstEnergy (FE) to $47 from $48 and keeps an Overweight rating on the shares. The firm is updating its price targets for stocks in the Regulated & Diversified Utilities / IPPs North America sector, noting utilities underperformed the S&P in May, the analyst tells investors. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on FE: Disclaimer & DisclosureReport an Issue FirstEnergy Completes $2.5 Billion Convertible Note Offering FirstEnergy Announces $2.15 Billion Notes Offering FirstEnergy Announces Convertible Senior Notes Offering FirstEnergy price target raised to $48 from $47 at Morgan Stanley FirstEnergy Confirms Board and Auditor at Annual Meeting Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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
4 days ago
- Business
- Yahoo
Potomac Edison Employee Volunteers Plant 2,000+ Donated Trees in Maryland and West Virginia
Total helps put FirstEnergy on pace to exceed 2025 tree donation goal WILLIAMSPORT, Md., June 17, 2025 /PRNewswire/ -- Employee volunteers from Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), have planted more than 2,000 company-donated trees across the company's Maryland and West Virginia service territory in 2025 as part of its commitment to the environment and sustainability. Michele Dellinger, Advanced Forestry Specialist and Lead of Potomac Edison's Green Team: "Local tree plantings are an important way to demonstrate our commitment to the environment while also helping to enhance community green spaces across our service territory." Potomac Edison's Green Team is a group of employees who volunteer their time and talents to support a wide variety of environmental initiatives. The Green Team volunteers planted trees and pollinator gardens in several areas this spring while also participating in multiple tree giveaways. The plantings and giveaways included: Emmitsburg, Maryland: Volunteers partnered with Stream Link Education and the town of Emmitsburg to plant 200 trees near Toms Creek that will improve storm water runoff and creek water quality. Grantsville, Maryland: Green Team members, park staff and other volunteers planted more than 1,000 bare-root evergreens at New Germany State Park. Middletown, Maryland: Volunteers planted 50 trees in celebration of Arbor Day. Mount Savage, Maryland: Volunteers planted 100 saplings at Evergreen Heritage Center, a historic property on 130 acres that provides hands-on enrichment programs that benefit Western Maryland. Martinsburg, West Virginia: Volunteers gave away approximately 200 flowering dogwood trees at the Martinsburg VA Medical Center as part of an Earth Day event. Approximately 22,000 trees have already been planted at parks and nature reserves throughout FirstEnergy's six-state service territory so far this year. Tree plantings and giveaways support FirstEnergy's efforts to reduce its carbon footprint, promote the responsible use of natural resources and further the advancement of sustainable practices. FirstEnergy's 10 Green Teams consist of employees from Ohio, Pennsylvania, New Jersey, Maryland and West Virginia. The groups partner with state park systems, watershed and recycling groups, garden clubs, schools and other environmentally focused organizations to support FirstEnergy's commitment to building a brighter and more sustainable future. To arrange a tree planting with Potomac Edison's Green Team, please contact Michele Dellinger at mdellinger@ For more information about FirstEnergy's commitment to environmental initiatives, visit Potomac Edison serves about 285,000 customers in seven counties in Maryland and about 155,000 customers in the Eastern Panhandle of West Virginia. Follow Potomac Edison at on X @PotomacEdison, and on Facebook 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 online at and on X @FirstEnergyCorp. View original content to download multimedia: SOURCE FirstEnergy Corp. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
