FE Recognized as a Top 10 Utility Dividend Stock Offering a 3.88% Yield
Dividend Investment Strategy: Dividend investors focus on identifying profitable companies with attractive valuations, utilizing a proprietary DividendRank formula to generate a list of promising stocks for further research.
FirstEnergy Corp Dividend Details: FirstEnergy Corp pays an annualized dividend of $1.78 per share, distributed quarterly, with its most recent ex-dividend date on November 7, 2025, highlighting the importance of analyzing a company's dividend history for future expectations.
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- New Rate Policy: Potomac Edison launched a new residential time-of-use rate on April 20, 2026, allowing customers to save on their electric bills by using electricity during lower demand periods, particularly in the mornings, late evenings, and weekends.
- Price Differentiation: On-peak rates during weekdays from 4 p.m. to 9 p.m. are approximately 16 cents per kilowatt-hour, while off-peak rates drop to about 9 cents, representing a 44% reduction, which will directly impact customers' electricity expenses.
- Savings Strategy: Customers can effectively lower their monthly bills by shifting everyday activities like running dishwashers and doing laundry to off-peak hours, enhancing household economic efficiency and increasing customer satisfaction with the utility provider.
- Simple Enrollment Process: There is no upfront cost to enroll, and after registration, customers will have their meters replaced to track on-peak and off-peak usage, with the new rates taking effect in the next billing cycle, further encouraging participation in energy-saving initiatives.
- New Rate Plan: Potomac Edison in Maryland launched a new residential time-of-use rate on April 20, 2026, allowing customers to save on their electric bills by using electricity during off-peak hours, particularly in the mornings, late evenings, and weekends when demand is lower.
- Pricing Mechanism: The time-of-use rate varies based on the time of day electricity is used, with certain charges remaining constant; this encourages customers to shift their daily activities to off-peak hours to reduce monthly bills significantly.
- Customer Enrollment: Customers can enroll without any upfront costs, and their meters will be replaced to track on-peak and off-peak usage, with the new rate taking effect in the next billing cycle, impacting approximately 285,000 customers in Maryland.
- Company Overview: Potomac Edison is a subsidiary of FirstEnergy, which operates one of the largest investor-owned electric systems in the U.S., serving over six million customers across multiple states, highlighting its significant presence in the energy sector.

New Time of Use Rate: FirstEnergy is implementing a new time-of-use rate structure effective April 20, which will affect how customers are charged for electricity.
Lower Off-Peak Prices: The new rate plan includes lower prices during off-peak hours, encouraging customers to use electricity during these times to save on costs.

- New Rate Announcement: Potomac Edison has launched a new residential time-of-use rate for customers in Maryland.
- Purpose of the Rate: The new rate is designed to encourage energy usage during off-peak hours, potentially leading to cost savings for consumers.
- Auction Process Initiated: CRA International has announced an auction for FirstEnergy's Ohio subsidiaries, scheduled for June 9, 2026, aimed at providing full requirements service for Standard Service Offer customers, enhancing market competitiveness.
- Bidding Format: The auction will utilize a descending-price clock format managed by CRA International, ensuring a transparent and efficient bidding process, approved by the Public Utilities Commission of Ohio, thereby raising industry standards.
- Information Session Scheduled: An information session for prospective bidders is set for April 16, 2026, providing detailed guidance for participation in the auction, ensuring all participants are well-informed about the bidding requirements and processes.
- Application Timeline: Part 1 applications from bidders will be accepted starting April 17, 2026, with a deadline of May 5, and successful applicants will begin the Part 2 application process on May 12, ensuring a smooth auction execution.
- Grid Upgrade Project: American Transmission Systems is undertaking a $24 million upgrade in Trumbull County, Ohio, aimed at providing more reliable power service to over 16,000 residents and businesses, which is expected to significantly reduce outage occurrences and speed up restoration times.
- Infrastructure Reinforcement: The upgrade replaces nearly three miles of aging wooden poles on the Niles Central-Packard 138-kV transmission line with 22 steel structures set in concrete foundations, enhancing resilience against severe weather and wildlife interference while increasing capacity to support future energy demand growth.
- Investment and Returns: Since 2014, FirstEnergy has reduced high-voltage line outages by 50% through ongoing investments, and this upgrade is part of its Energize365 long-term investment program, which plans to invest $36 billion between 2026 and 2030 to build a smarter, more resilient grid.
- Customer Value Enhancement: By likening the grid to an upgrade from a two-lane road to a four-lane highway, the new infrastructure will better handle increased electricity demand and recover faster from issues, ensuring that families and businesses in Trumbull County receive dependable power.








