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FirstEnergy Corp. Declares Increased Common Stock Dividend of $0.425 Per Share
Prnewswire· 2024-03-21 00:40
Represents annual rate of $1.70 per share, pending continued Board approval An increase of more than 6% compared to dividends declared in 2023 AKRON, Ohio, March 20, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of $0.425 per share of outstanding common stock payable June 1, 2024, to shareholders of record at the close of business on May 7, 2024. Subject to continued Board approval, FirstEnergy expects to declare dividends totaling $1.70 per ...
FirstEnergy (FE) Starts Work on Its Second Solar Site in WV
Zacks Investment Research· 2024-03-20 21:50
FirstEnergy Corporation (FE) announced that its subsidiaries, Mon Power and Potomac Edison, have begun construction on their second utility-grade solar site in West Virginia. FirstEnergy will be providing its customers with clean, renewable energy from a former coal ash disposal site. The energy produced by its West Virginia solar sites will support economic growth in the region, as more companies demand that a certain percentage of the electricity purchased comes from renewable sources. Expanding Solar Pro ...
Construction is Underway on Second Utility-Grade Solar Site in West Virginia
Prnewswire· 2024-03-20 00:31
太阳能项目建设 - Mon Power和Potomac Edison在马里昂县的Rivesville地点开始建设第二个实用级太阳能站,以帮助满足该州的能源需求并进一步促进经济增长[1] - Rivesville太阳能站将占据大约27英亩的摩根岭路地区,一旦安装完成,太阳能电池板将产生高达5.5兆瓦(MW)的可再生能源[2] - 该太阳能站是公司在西弗吉尼亚计划的五个太阳能站中的第二个,公司的第一个太阳能站位于Fort Martin发电站的80英亩土地上,于2024年1月连接到配电网,每小时可产生高达18.9兆瓦的太阳能[3]
FirstEnergy's Impactful Recycling Initiatives Highlighted on Global Recycling Day
Prnewswire· 2024-03-19 00:00
回收倡议 - FirstEnergy公司和员工发起的回收倡议已经导致超过7000吨的回收材料[1] - FirstEnergy的运营可持续性努力已经导致回收了超过1500吨塑料、金属和纸板材料[2] - FirstEnergy通过木质电线杆和线轮回收了超过5000吨木材[2] - 公司去年转移了超过2400吨木杆,这些木杆在农田和公园找到了新生命或被加工成木材[4] - FirstEnergy的员工发起的回收倡议包括NexTrex挑战,使员工在过去一年内收集了超过1800磅塑料废料[6] 资产管理 - FirstEnergy通过其木杆转移计划,将磨损或老化的电线杆从填埋场转移到各州的各种再利用和回收选项中[3] - FirstEnergy通过回收和投资回收计划管理公司的剩余资产,主要是电线和电缆,通过重复使用、翻新和销售来减少新材料采购,减少填埋废物并减轻其环境影响[5] - 公司员工处理了近270万磅废料,回收了超过200万磅电缆和电线,从而使公司获得了未来购买的信用[5] 公司运营 - FirstEnergy致力于诚信、安全、可靠性和运营卓越,其电力分配公司构成了全国最大的投资者拥有的电力系统之一,为俄亥俄州、宾夕法尼亚州、新泽西州、西弗吉尼亚州、马里兰州和纽约州的客户提供服务[8]
Here's Why FirstEnergy (FE) is a Strong Momentum Stock
Zacks Investment Research· 2024-03-18 22:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? T ...
Electric Grid Upgrades Underway in Lorain County
Prnewswire· 2024-03-15 02:12
Work will help prevent or minimize outages for more than 3,600 FirstEnergy customers AKRON, Ohio, March 14, 2024 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), is replacing more than 900 insulator assemblies along two high-voltage power lines in Lorain County in Northeast Ohio. The project will strengthen the regional transmission system and help prevent or minimize the impact of power outages for more than 3,600 customers of Ohio Edison, a FirstEne ...
Why FirstEnergy (FE) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-02-28 23:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alon ...
JCP&L President Jim Fakult Receives Awards from Morris Habitat for Humanity and ROI-NJ
Prnewswire· 2024-02-23 22:00
HOLMDEL, N.J., Feb. 23, 2024 /PRNewswire/ -- Jim Fakult, President of FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L), has been named the recipient of Morris Habitat for Humanity's Community Partner Award for 2024. The award was presented at the organization's Hearts & Hammers Gala on Feb. 22 in Mountain Lakes. The award highlights Fakult's role in JCP&L's commitment to diverse, equitable and inclusive communities where everyone feels safe, valued and respected, as well as his ...
Enhanced Power Line to Benefit Nearly 4,000 JCP&L Customers
Prnewswire· 2024-02-23 03:31
项目升级 - JCP&L开始在蒙茅斯县升级3.5英里的高压输电线路,以帮助预防或减少服务中断对3950名客户的影响[1] - 该项目的成本为1100万美元,JCP&L将用新的杆、导线和设备替换自上世纪70年代以来一直存在的现有导线、硬件和结构,以更好地抵御恶劣天气[2] - 新的导线可以承载更多电力负荷,能够满足客户对电力的增加需求,还能在其他线路发生意外服务中断时承载更多的电力流动,有助于提高可靠性和减少停电次数[3] 项目目的 - JCP&L总裁Jim Fakult表示,这个重要项目将有助于降低停电风险,确保公司的输电系统与中新泽西地区客户对安全、可靠电力不断增长的需求保持同步[4]
Mon Power and Potomac Edison Reach Settlement to Adjust Energy Metering Credits
Prnewswire· 2024-02-17 05:28
协议内容 - FirstEnergy Corp.的子公司Mon Power和Potomac Edison与西弗吉尼亚州公共服务委员会达成了一项协议,解决了基本费率审查中未解决的净能量计量部分[1] - 新的净能量计量客户将从2025年1月1日开始调整他们所生成的能源的信用金额,以支付他们使用的配电、传输和容量设施的固定成本的一部分[1] - 现有的净能量计量客户将继续在未来25年内获得当前的零售费率抵消[2] - 新的住宅净能量计量客户将获得每千瓦时约9美分的信用费率[2] - 协议还为非住宅客户设立了新的净能量计量信用费率,详情可在协议文件中找到[2] 参与方 - 参与新协议的各方包括西弗吉尼亚州公共服务委员会的工作人员、委员会的消费者维权部门、西弗吉尼亚州公民行动组织、Solar United Neighbors、Energy Efficient West Virginia、Solar Holler LLC和Mon Power/Potomac Edison[3] 公司服务范围 - Mon Power在34个西弗吉尼亚州县为约395,000名客户提供服务[4] - Potomac Edison在马里兰州的七个县和西弗吉尼亚州东部潘汉德尔地区的155,000名客户提供服务[5] 公司背景 - FirstEnergy致力于诚信、安全、可靠性和运营卓越,其电力配电公司构成了全国最大的投资型电力系统之一,为俄亥俄州、宾夕法尼亚州、新泽西州、西弗吉尼亚州、马里兰州和纽约州的超过六百万客户提供服务[6]