These funds will support work from 2025-2029 across FirstEnergy’s four Pennsylvania service areas. Of these investments, Penelec will receive $538 million — the largest investment of the four ...
Penelec, a FirstEnergy Corp. subsidiary, is on track this year to install about 350 automated TripSaver reclosing devices along neighborhood power lines to help limit the frequency, duration and ...
The residential rate for electricity has decreased from 6.74 cents per kilowatt hour to 5.88 cents per kwh, said spokesman Scott Surgeoner of FirstEnergy Corp., Penelec’s parent company.
FirstEnergy had asked for increases totaling $502 million across its four districts. It serves about 2.1 million customers in 56 counties across Pennsylvania under Met-Ed, Penelec, Penn Power ...
FirstEnergy Corporation FE is scheduled to release fourth-quarter 2024 results on Feb. 26, after market close. The company delivered a negative earnings surprise of 6.6% in the last reported quarter.
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