FirstEnergy Corp. (NYSE: FE) President and Chief Executive Officer Charles E. Jones told shareholders at today’s Annual Meeting that the company has made good progress on a number of its key initiatives, while focusing its efforts on achieving more regulated, customer-centered growth.
Calling 2015 a “productive and pivotal year for FirstEnergy,” Jones cited the company’s achievements including the continued success of a multi-year transmission investment program, solid results from a cash flow improvement initiative, and the launch of a new branding campaign that showcases the company’s environmental commitment.
A transcript of Jones' prepared remarks can be found here.View Full Story
FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. (NYSE: FE), announced on December 8, 2015, that the Nuclear Regulatory Commission (NRC) has approved a 20-year license extension for the Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, allowing the unit to operate until 2037.
The NRC's decision to renew Davis-Besse's license comes following extensive safety and environmental reviews, public meetings and comments. The plant's original license was set to expire on April 22, 2017, and FENOC submitted a license renewal application to the NRC in 2010. Davis-Besse is the 81st nuclear reactor in the United States to receive a license extension from the NRC.
Davis-Besse is capable of generating 908 megawatts, or enough electricity to power more than one million households. In addition, plant operations displace more than 7.1 million metric tons of carbon dioxide annually, approximately the same amount of carbon dioxide released by more than 1.4 million cars each year.View Full Story
FirstEnergy has launched a Scam and Fraud Information section on its website to help raise awareness of fraudulent activity and educate utility customers about these threats to their personal safety and security. The new site, available at www.firstenergycorp.com/scaminfo, describes known scams targeting utility customers, and provides tips and resources to help consumers identify fraudulent schemes.View Full Story
01/12/2017FirstEnergy Receives Industry Recognition for Assisting Utilities in Florida and South Carolina Following Hurricane Matthew
For the 11th consecutive year, FirstEnergy Corp. (NYSE: FE) has earned recognition for its emergency response efforts from the Edison Electric Institute (EEI), a leading electric industry organization.
01/06/2017FirstEnergy Foundation Donates $25,000 to Support Fill a Glass with Hope® Milk Program
The FirstEnergy Foundation has donated $25,000 to support Feeding Pennsylvania's Fill a Glass with Hope®, the first statewide charitable fresh milk program in the nation. The grant was presented at the Pennsylvania Farm Show today in Harrisburg by Linda Moss, president of Pennsylvania Operations for FirstEnergy.
01/04/2017FirstEnergy Transmission Line Rebuild Completed in Wood County
FirstEnergy Corp. (NYSE: FE) has rebuilt a transmission line connecting substations in Bowling Green and Pemberville to help enhance service reliability for about 38,000 customers in Wood County in the Toledo Edison service area.
12/27/2016JCP&L Initiative Helps Protect Threatened Ospreys in New Jersey
Jersey Central Power & Light has expanded an environmental program to help protect New Jersey's threatened ospreys.
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