FE has been in the news 375% more than usual
Jan 29, 2025, 7:30 PM
-3.07%
What does FE do
FirstEnergy, headquartered in Akron, Ohio, employs 12,042 people and operates through three segments: Distribution, Integrated, and Stand-Alone Transmission, providing electricity across multiple states. Its Integrated segment serves about two million customers in New Jersey, West Virginia, and Maryland.
FE has been in the news recently: FirstEnergy Corp.'s subsidiaries, The Illuminating Company and Ohio Edison, were recognized as 2024 Business Customer Champions for their outstanding engagement with business customers. Additionally, Jersey Central Power & Light is investing $3.2 million to upgrade its grid for 2,500 customers, while The Illuminating Company is constructing a new power line to enhance reliability for 700 customers as part of FirstEnergy's broader $26 billion investment initiative.
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