Settlement Reached in FirstEnergy Ohio Utilities' Grid Modernization Plan
FEFirstEnergy(FE) Prnewswire·2024-04-16 00:34

Agreement with key stakeholders expands customer deployment of smart meter technology AKRON, Ohio, April 15, 2024 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Company and Toledo Edison – have reached a settlement on their Grid Modernization (Grid Mod) II plan that will expand the deployment of smart meters to an additional 1.4 million customers in Ohio. If approved by the Public Utilities Commission of Ohio (PUCO), the four-year, $421 million plan wi ...