FE has been in the news 500% more than usual
Jan 17, 2025, 7:30 PM
0.29%
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: Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy, is investing $50.3 million to upgrade its Franklin Substation, which will enhance electric service for approximately 4,500 customers in Monmouth County. The project aims to improve reliability over the next 18 months while also protecting local wildlife.
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