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FirstEnergy Corp. (NYSE:FE – Free Report) – Zacks Research increased their Q3 2023 earnings estimates for FirstEnergy in a report issued on Monday, August 14th. Zacks Research analyst J. Saha now forecasts that the utilities provider will post earnings of $0.90 per share for the quarter, up from their previous estimate of $0.85. The consensus […]
I connected an electric vehicle to a Level 2 home charger with a dedicated FirstEnergy meter to see what a charge costs. It's much less than gasoline.
The utility company signed a deferred prosecution agreement with federal authorities, but may now face a state organized crime probe.
West Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading its electrical distribution system in Westmoreland County to help prevent lengthy service interruptions, particularly during severe weather. The work includes replacing utility poles and installing animal guards, fuses and other protective devices on power lines. Our crews are working on three projects designed to help reduce both the number and duration of power outages for a combined 4,800 customers, said Scot...
FirstEnergy Corp. (NYSE: FE) subsidiary The Illuminating Company is teaming with the City of North Olmsted in Cuyahoga County to begin a $590,000 streetlight conversion project later this year to replace about 2,440 existing streetlight fixtures with LED lights. The new LEDs are about 50% more efficient than the previous high-pressure sodium lights and are expected to save the city an estimated $144,650 in energy costs annually. They are also expected to last 15 to 20 years, compared to t...