More than $202 million in investments planned to upgrade electric grid

HOLMDEL, N.J., April 24, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is set to expand smart grid technology across its northern and central New Jersey service territory following approval from the New Jersey Board of Public Utilities (BPU) for its EnergizeNJ infrastructure investment program (IIP).

Reports significant improvement in first quarter 2025 GAAP earnings of $0.62 per share and Core Earnings (non-GAAP) of $0.67 per share, versus 2024 GAAP earnings of $0.44 per share and Core Earnings of $0.49 per share

On track with 2025 $5 billion investment plan with more than $1 billion in customer-focused capital investments in the first quarter, supporting five-year Energize365 program of $28 billion through 2029

Affirms full-year 2025 Core Earnings guidance of $2.40 to $2.60 per share and 6-8% compounded annual Core Earnings growth rate target from 2025 through 2029

Key leadership positions align with core business model focused on enhancing system investments and customer experience at the local level

AKRON, Ohio, April 21, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has announced the appointment of four new executives to support the company's transmission business, operations and generation in its combined West Virginia/Maryland division and operations in New Jersey.

Annual event recognizes contributions of men and women who work to keep lights on

AKRON, Ohio, April 16, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is joining electric companies around the country to honor the men and women who work 24/7/365 to keep power flowing ahead of Lineworker Appreciation Day, celebrated nationally each year on April 18.

Wade Smith, President of FirstEnergy Utilities: "Lineworkers face hazards every day when they go up in their buckets, climb poles or work on underground power lines, but they don't hesitate to show up in some of the toughest conditions imaginable to safely get the lights back on for homes and businesses throughout our country. On behalf of all employees at FirstEnergy, we say a loud and proud 'thank you' to our men and women for their commitment and resiliency."

MORRISTOWN, N.J., April 16, 2025 /PRNewswire/ -- Jersey Central Power & Light Company ("JCP&L" or the "Company"), a subsidiary of FirstEnergy Corp., today announced an offer to exchange up to $700 million aggregate principal amount of its outstanding 5.100% Senior Notes due 2035 (the "Outstanding Notes") for an equal amount of 5.100% Senior Notes due 2035 registered under the Securities Act (the "New Notes").

AKRON, Ohio, April 14, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric company Ohio Edison is investing in grid upgrades to help prevent and minimize the impact of power outages in Clark County and meet the projected energy needs of industrial facilities in the area.

The work is expected to enhance reliability for nearly 2,700 Ohio Edison customers in the Springfield area while enabling two local manufacturers to expand their businesses, potentially creating hundreds of local jobs.

New poles and equipment to enhance electric service reliability for nearly 1,000 customers

ERIE, Pa., April 10, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Penelec in northern and central Pennsylvania, has completed work to enhance its energy delivery system in Venango and Crawford counties to help prevent or minimize the length of service disruptions, particularly during severe weather.

Replacing wires and poles should help prevent or minimize outages for nearly 300 Met-Ed customers

READING, Pa., April 9, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Met-Ed in eastern Pennsylvania, is completing work to upgrade its energy delivery system in northwestern York County to help prevent or minimize the length of service disruptions, particularly during cold or hot weather when customers use more electricity to stay comfortable.

Extensive upgrade project includes more than 14 miles of new wiring

HOLMDEL, N.J., April 8, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun construction on a comprehensive project designed to help prevent or minimize the impact of power outages for more than 5,000 northern New Jersey customers.

The work will take place along multiple power lines running from JCP&L's Cozy Lake substation, benefitting customers in Jefferson and Rockaway Townships in Morris County, West Milford Township in Passaic County and Hardyston and Sparta Townships in Sussex County.

AKRON, Ohio, April 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Nick Pearson has been named Vice President, Federal Government Affairs, effective April 7.

In this role, Pearson will oversee the company's Washington, D.C. offices and guide engagement and strategy on federal energy policy issues that significantly impact the company's customers, employees and operations. Pearson will report to Amanda Mertens Campbell, Vice President of External Affairs.

AKRON, Ohio, April 2, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the first quarter of 2025 after markets close on Wednesday, April 23. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 9 a.m. EDT on Thursday, April 24. A question-and-answer session will follow.   

Investors, customers and other interested parties are invited to listen to a live webcast of the call and view presentation slides via FirstEnergy's Investor Information website, www.firstenergycorp.com/ir. The webcast and presentation will be available for replay on the site for up to one year. 

FirstEnergy offers tips to stay safe on ladders, especially around electrical equipment

AKRON, Ohio, March 24, 2025 /PRNewswire/ -- Spring is the perfect time to tackle home improvement and maintenance projects such as painting or cleaning gutters. Before you start, take some time to brush up on ladder safety tips – especially when power lines and other electrical equipment are nearby.

NEW CASTLE, Pa., March 20, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Penn Power in western Pennsylvania, is replacing underground cable and related equipment to enhance electric service reliability for customers in a Butler County residential neighborhood.

John Hawkins, FirstEnergy President, Pennsylvania: "We are investing in modern, durable underground cable with an expected lifespan of 40 years which should provide decades of reliable electric service for our Penn Power customers. The new cable will be placed in plastic PVC conduit to protect the line from water damage and corrosive soil elements. This method also enhances our crews' ability to quickly access and repair wires, which can shorten the duration of service interruptions for our customers."

Represents 2025 annual rate of $1.78 per share, pending continued Board approval; Compares to $1.70 per share in 2024 declared dividends 

AKRON, Ohio, March 19, 2025 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of $0.445 per share of outstanding common stock payable June 1, 2025, to shareholders of record at the close of business on May 7, 2025.

High winds, heavy rain caused power outages for more than 311,000 FirstEnergy customers

AKRON, Ohio, March 17, 2025 /PRNewswire/ -- Power has been restored to nearly 261,000 of the approximately 311,000 FirstEnergy Corp. (NYSE: FE) customers who lost service due to severe storms that swept across the company's service territory on Sunday. FirstEnergy's electric company personnel will continue to work around the clock in 16-hour shifts, aided by additional line workers and support personnel from outside the company, to make repairs as quickly and safely as possible.

Project to benefit 1,700 customers in Morris and Sussex counties

HOLMDEL, N.J., March 11, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun construction on a year-long project to upgrade overhead and install new underground electric service in portions of Sussex County. The $5.1 million project is expected to be completed in November.

Project awards represent approximately $1.25 billion in customer-focused investments for FirstEnergy Transmission and $46 million for other FirstEnergy subsidiaries

AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- FirstEnergy Transmission LLC (FET), jointly owned by FirstEnergy Corp. (NYSE: FE) and Brookfield Super-Core Infrastructure Partners, has been awarded multiple transmission projects by grid operator PJM Interconnection that are designed to strengthen the electric grid and support regional economic growth. The awards include projects that FET will develop through the Valley Link Transmission Company LLC joint venture with Dominion Energy and American Electric Power Company, as well as projects that FET will develop individually within its service territory.

Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand

Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation

Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the coming months

AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by FirstEnergy Transmission LLC, Dominion Energy and American Electric Power Company through its Transource Energy affiliate across multiple states within the PJM footprint.

Reports full year 2024 GAAP earnings of $1.70 per share and Operating (non-GAAP) earnings of $2.63 per share, within guidance range

Customer-focused capital investments of $4.5 billion in 2024 to improve grid reliability and resiliency and support the energy transition represent a 20% increase over 2023

Expands Energize365 capital investment program through 2029 with planned capital investments of $28 billion, an 8% increase from previous five-year plan, resulting in anticipated 9% rate base growth

Nearly 1,000 customers to benefit from the project

HOLMDEL, N.J., Feb. 21, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading its electric grid in portions of Mercer County to help prevent or minimize the impact of outages for nearly 1,000 customers in Hopewell Township, particularly during severe weather.

Doug Mokoid, FirstEnergy's President of New Jersey: "We've designed a variety of grid enhancement projects tailored specifically to the area where the work is being done to help provide the most efficient and impactful upgrades that will meet customer demands for safe, reliable electricity for many years to come."