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 has introduced a new branding campaign that demonstrates the company’s commitment to a cleaner energy future. “The Switch is On” campaign highlights FirstEnergy’s environmental achievements, its transition to cleaner energy sources, and a green energy electricity option from FirstEnergy Solutions for residential customers in Ohio and Pennsylvania.
“The Switch is On” campaign kicked off on February 7 and will run through July 2016. The campaign includes print advertisements in 17 newspapers and business journals, radio advertisements in 14 markets, and more than 50 billboards in Ohio, Pennsylvania, New Jersey and Maryland. In addition, digital advertisements will appear on more than 30 online news outlets as well as to targeted internet users.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
10/25/2016Beaver Valley Power Station Unit 1 Returns to Service Following Refueling and Maintenance Outage
FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. (NYSE: FE), announced its Beaver Valley Power Station Unit 1 in Shippingport, Pa., returned to service at 8:52 a.m. this morning following a September 24, 2016, shutdown for refueling and maintenance. The 939-megawatt plant is currently operating at approximately 25 percent power and is expected to reach full power in the next week.
10/21/2016FirstEnergy Foundation Donates $10,000 to Cuyahoga County Public Library System to Support 22 Homework Centers
The FirstEnergy Foundation has donated $10,000 to the Cuyahoga County Public Library System to support the efforts of 22 Homework Centers in branches across Greater Cleveland. This after-school program helps thousands of at-risk children improve their grades and increase subject comprehension.
10/20/2016JCP&L Celebrates Careers in Utilities Week with Demonstration Event for Public Officials
Jersey Central Power & Light (JCP&L) celebrated "New Jersey Careers in Utilities Week" today with a demonstration event in Morristown for public officials showcasing the special training and equipment needed to help provide safe and reliable electric service to customers.
10/20/2016Wooden Pole Inspection and Replacement Program Continues at Met-Ed to Enhance Service Reliability
To help enhance the reliability of its system, Metropolitan Edison Company (Met-Ed), a FirstEnergy Corp. (NYSE: FE) utility, has inspected more than 16,400 wooden utility poles this year for signs of wear, insect infestation or damage from motor vehicle accidents as part of the company's annual inspection program. As a result of the inspections, the company expects to replace or repair nearly 100 wooden utility poles this year, which would stretch nearly a mile if laid end to end.
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