Joint Stipulation Demonstrates Broad Support from Diverse Parties
FirstEnergy Corp.'s Ohio utilities filed a joint stipulation agreement on December 22, 2014, demonstrating broad support for Powering Ohio's Progress, their proposed Electric Security Plan (ESP) currently pending before the Public Utilities Commission of Ohio.
The proposed stipulation reflects the diverse interests and concerns of 15 signatories, including parties that represent residential, commercial, industrial and low-income customers, as well as organized labor and schools. The agreement supports FirstEnergy's proposed ESP that outlines plans for its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to provide electric service to customers for a three-year period from June 1, 2016 through May 31, 2019.View Full Story
On December 16, 2014, FirstEnergy Corp. (NYSE: FE) announced that its Board of Directors elected Anthony J. Alexander, 63, executive chairman of the company, effective January 1, 2015. He will be succeeded as president and chief executive officer by Charles E. Jones, 59, who also was elected to the company's Board of Directors. Jones most recently served as executive vice president and president, FirstEnergy Utilities. George M. Smart, currently chairman of the FirstEnergy Board of Directors, will be lead independent director during the transition period.View Full Story
FirstEnergy Corp. subsidiaries Mon Power and Potomac Edison announce on November 3, 2014, the filing of a settlement agreement with the Public Service Commission (PSC) of West Virginia. The agreement was reached with the PSC staff, the state's Consumer Advocate Division, the West Virginia Energy Users Group and Wal-Mart.
The settlement agreement includes recovery of expenses associated with storm repairs from the 2012 Derecho and Hurricane Sandy, increased operating and environmental compliance investments at coal-fired power plants, and service reliability enhancements to the distribution system, including a more extensive tree trimming program to help limit power outages.View Full Story
Training Program for Future Utility Workers
FirstEnergy Corp.'s award-winning Power Systems Institute (PSI) is being reinstated as the company looks to train the next generation of utility line and substation workers.
PSI is a two-year program that combines hands-on utility skills with technical coursework. Program graduates will earn an Associate of Technical Studies degree with a focus on electric power utility technology.
FirstEnergy originally introduced PSI in 2000 as a way to help replace retiring line workers. Programs were established at colleges throughout the company's six-state service area. With the economic downturn, in 2011 most of the PSI programs were placed on hold because projected hiring needs did not support bringing in new students. As future workforce needs at FirstEnergy were re-evaluated, the decision was made to reinstate the PSI program, targeting a fall of 2015 enrollment class.
For more information, including a list of partner colleges, visit FirstEnergy's PSI page at www.firstenergycorp.com/psi.View Full Story
03/06/2015Media Advisory - Mon Power Winter Storm Update
Mon Power, a FirstEnergy Corp. (NYSE: FE) utility, continues its efforts to restore service to customers who remain without power after yesterday's heavy snow.
03/05/2015Media Advisory - Mon Power Winter Storm Update 5 p.m.
Mon Power, a FirstEnergy Corp. (NYSE: FE) utility, continues to assess damage and restore electric service to more than 40,000 customers throughout its West Virginia service area after up to a foot of heavy, wet snow fell today, causing trees and limbs to fall, damaging power lines. Currently, crews have restored power to more than 26,000 Mon Power customers since the severe weather hit the region beginning early this morning.
03/05/2015Media Advisory - Mon Power Winter Storm Update 11 a.m.
Mon Power, a FirstEnergy Corp. (NYSE: FE) utility, has launched an aggressive effort to assess damage and restore service in northern Mon Power territory after heavy, wet snow fell overnight and this morning, causing trees and limbs to fall, damaging power lines. As many as 54,000 customers were without service during the storm, and about 16,000 have already been restored to service. Approximately 38,000 remain without service at 11 a.m.
03/03/2015Samuel L. Belcher Elected President and Chief Nuclear Officer of FirstEnergy Nuclear Operating Company
FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of Akron, Ohio-based FirstEnergy Corp. (NYSE: FE), today announced that Samuel L. Belcher, currently senior vice president and chief operating officer of FENOC, has been elected as its president and chief nuclear officer.
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