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Stock impact report

FirstEnergy Pennsylvania Will File Rate Review to Support Continued Service Reliability Enhancements for Customers [Yahoo! Finance]

FirstEnergy Corp. (FE) 
Last firstenergy corp. earnings: 4/23 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstenergycorp.com
Company Research Source: Yahoo! Finance
READING, Pa. April 2, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania ( FE PA ), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, will request today a review of its base electric rates by the Pennsylvania Public Utility Commission (PUC). The proposed rate adjustment builds on service reliability enhancements made in recent years by upgrading additional distribution grid equipment, providing ongoing tree trimming with a focus on off-right-of-way trees and creating a dedicated team to help low-income residential customers participate in bill assistance programs. The rate proposal is designed to benefit more than two million customers by continuing FE PA's work to reduce or minimize outages throughout its service territory and enhancing key services. Highlights of the rate review proposal include: Modernizing the grid with automated technologies that can prevent or reduce the scope and duration of power outages. Increasi Show less Read more
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