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.