FirstEnergy Offers Summer Safety and Energy-Saving Tips
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 53 minutes ago
0mins
Source: PRnewswire
- Energy Budget Support: FirstEnergy provides various tools and programs to help users manage energy usage year-round, with resources available at firstenergycorp.com/saveenergy, thereby effectively managing energy costs and enhancing customer satisfaction.
- Heat Safety Measures: During extreme heat, FirstEnergy offers safety tips to help users stay safe and reduce the risk of heat-related illnesses, demonstrating the company's commitment to customer health and safety.
- Outage Reporting and Updates: Users can text REG to 544487 to sign up for outage alerts, ensuring they receive timely information on service restoration during outages, which enhances the overall customer service experience.
- Extensive Service Network: FirstEnergy's electric distribution companies serve over six million customers across multiple states and operate more than 24,000 miles of transmission lines, strengthening the company's market position and influence in the energy sector.
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Analyst Views on FE
Wall Street analysts forecast FE stock price to rise
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 48.470
Low
46.00
Averages
49.25
High
54.00
Current: 48.470
Low
46.00
Averages
49.25
High
54.00
About FE
FirstEnergy Corp. and its subsidiaries are involved in the transmission, distribution, and generation of electricity through its segments: Distribution, Integrated and Stand-Alone Transmission. The Distribution Segment, which consists of the Ohio Companies and FirstEnergy Pennsylvania Electric Company (FE PA), distributes electricity in Ohio and Pennsylvania. The Integrated segment includes the distribution and transmission operations under Jersey Central Power & Light Company (JCP&L), Monongahela Power Company (MP) and The Potomac Edison Company (PE), as well as MP's regulated generation operations. The segment distributes electricity in New Jersey, West Virginia and Maryland, provides transmission infrastructure, and operates over 3,610 megawatts of regulated generation capacity. The Stand-Alone Transmission segment consists of its ownership in FET and KATCo, which includes transmission infrastructure owned and operated by the Transmission Companies and used to transmit electricity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
FirstEnergy Offers Summer Safety and Energy-Saving Tips
- Energy Budget Support: FirstEnergy provides various tools and programs to help users manage energy usage year-round, with resources available at firstenergycorp.com/saveenergy, thereby effectively managing energy costs and enhancing customer satisfaction.
- Heat Safety Measures: During extreme heat, FirstEnergy offers safety tips to help users stay safe and reduce the risk of heat-related illnesses, demonstrating the company's commitment to customer health and safety.
- Outage Reporting and Updates: Users can text REG to 544487 to sign up for outage alerts, ensuring they receive timely information on service restoration during outages, which enhances the overall customer service experience.
- Extensive Service Network: FirstEnergy's electric distribution companies serve over six million customers across multiple states and operate more than 24,000 miles of transmission lines, strengthening the company's market position and influence in the energy sector.
See More
FirstEnergy Offers Summer Energy-Saving Tips
- Energy-Saving Tips: FirstEnergy offers various energy-saving tips, including using fans to ease the load on air conditioning and turning off window AC units and lights in unoccupied rooms, helping customers manage energy costs during extreme heat.
- Safety Precautions: During heat waves, FirstEnergy advises staying hydrated, avoiding outdoor activities during peak heat hours, and utilizing community cooling centers to ensure residents' safety and health.
- Bill Assistance Programs: The company provides several bill assistance options, including budget billing, aimed at helping customers better manage their monthly energy expenses, especially during high-temperature periods.
- Outage Reporting and Updates: FirstEnergy offers multiple ways for customers to report outages and receive updates, including calling a hotline, texting, and online access to outage reporting pages, ensuring quick service restoration.
See More
FirstEnergy Enhances Electric Reliability with New Transformers
- Transformer Delivery: FirstEnergy successfully delivered its first new 55-ton transformer to the Lakewood Substation, marking a key milestone in enhancing electric reliability for nearly 11,000 customers, which is crucial for maintaining service quality.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, covering equipment, transportation, and installation, which will bolster the local electric system's resilience and ensure reliable power supply during peak demand periods.
- Reduced Outage Times: Recent upgrades have led to a 98% reduction in outage durations for customers in the Lakewood area in December 2025 compared to December 2024, demonstrating significant improvements in service quality and reliability.
- Future Plans: The second transformer is expected to be installed later this summer and energized by early next year, further enhancing backup capacity at the substation and strengthening overall system reliability to support power restoration in surrounding communities.
See More
FirstEnergy Corp. Enhances Electric Reliability with New Transformers
- Transformer Delivery: FirstEnergy Corp. successfully delivered its first new 55-ton transformer to the Lakewood Substation, marking a key milestone in enhancing electric reliability for nearly 11,000 customers.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, covering equipment, transportation, and installation, which not only strengthens the local electric system's resilience but also supports future power demands.
- System Upgrades: With both transformers installed, the Lakewood Substation will gain greater backup capacity, expected to reduce outage durations and accelerate service restoration times, thereby enhancing overall grid reliability.
- Community Benefits: This upgrade will not only improve power service directly for Lakewood but may also provide support to surrounding communities during outages, further strengthening the stability of the regional electric system.
See More
FirstEnergy Enhances Electric Reliability with New Transformers
- Transformer Delivery: FirstEnergy successfully delivered its first new transformer weighing 55 tons to the Lakewood Substation, marking a key milestone in its efforts to enhance electric reliability for nearly 11,000 customers.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, including equipment, transportation, and installation costs, which will strengthen the local electric system's resilience and support future community needs.
- Reliability Improvement: Once installed, the substation will enhance grid reliability, potentially reducing outage durations and accelerating service restoration times, while also providing backup support to surrounding communities during outages, further bolstering overall system reliability.
- Ongoing Enhancements: The transformer installation is part of a series of upgrades that have already reduced customer outage times by 98% in December 2025 compared to December 2024, with a 25% decrease in overall outage time for power lines served by the Lakewood Substation.
See More
FirstEnergy Enhances Electric Reliability with New Transformer Delivery
- Transformer Delivery: FirstEnergy successfully delivered its first new 55-ton transformer to the Lakewood Substation, marking a key milestone in improving electric reliability, which is expected to benefit nearly 11,000 customers and enhance grid stability.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, including equipment, transportation, and installation costs, reflecting the company's commitment to strengthening the resilience of the electric system to meet future community power needs.
- Reliability Improvement: Once installed, customers can expect reduced outage durations and faster service restoration times, while the increased backup capacity at the Lakewood Substation will enhance power restoration efficiency during peak demand periods.
- Community Benefits: This upgrade not only improves reliability for customers directly served by the Lakewood Substation but may also provide service restoration support to customers supplied by neighboring substations during outages, further strengthening overall system reliability in the area.
See More
FirstEnergy Offers Summer Safety and Energy-Saving Tips
- Energy Budget Support: FirstEnergy provides various tools and programs to help users manage energy usage year-round, with resources available at firstenergycorp.com/saveenergy, thereby effectively managing energy costs and enhancing customer satisfaction.
- Heat Safety Measures: During extreme heat, FirstEnergy offers safety tips to help users stay safe and reduce the risk of heat-related illnesses, demonstrating the company's commitment to customer health and safety.
- Outage Reporting and Updates: Users can text REG to 544487 to sign up for outage alerts, ensuring they receive timely information on service restoration during outages, which enhances the overall customer service experience.
- Extensive Service Network: FirstEnergy's electric distribution companies serve over six million customers across multiple states and operate more than 24,000 miles of transmission lines, strengthening the company's market position and influence in the energy sector.
See More
FirstEnergy Offers Summer Energy-Saving Tips
- Energy-Saving Tips: FirstEnergy offers various energy-saving tips, including using fans to ease the load on air conditioning and turning off window AC units and lights in unoccupied rooms, helping customers manage energy costs during extreme heat.
- Safety Precautions: During heat waves, FirstEnergy advises staying hydrated, avoiding outdoor activities during peak heat hours, and utilizing community cooling centers to ensure residents' safety and health.
- Bill Assistance Programs: The company provides several bill assistance options, including budget billing, aimed at helping customers better manage their monthly energy expenses, especially during high-temperature periods.
- Outage Reporting and Updates: FirstEnergy offers multiple ways for customers to report outages and receive updates, including calling a hotline, texting, and online access to outage reporting pages, ensuring quick service restoration.
See More
FirstEnergy Enhances Electric Reliability with New Transformers
- Transformer Delivery: FirstEnergy successfully delivered its first new 55-ton transformer to the Lakewood Substation, marking a key milestone in enhancing electric reliability for nearly 11,000 customers, which is crucial for maintaining service quality.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, covering equipment, transportation, and installation, which will bolster the local electric system's resilience and ensure reliable power supply during peak demand periods.
- Reduced Outage Times: Recent upgrades have led to a 98% reduction in outage durations for customers in the Lakewood area in December 2025 compared to December 2024, demonstrating significant improvements in service quality and reliability.
- Future Plans: The second transformer is expected to be installed later this summer and energized by early next year, further enhancing backup capacity at the substation and strengthening overall system reliability to support power restoration in surrounding communities.
See More
FirstEnergy Corp. Enhances Electric Reliability with New Transformers
- Transformer Delivery: FirstEnergy Corp. successfully delivered its first new 55-ton transformer to the Lakewood Substation, marking a key milestone in enhancing electric reliability for nearly 11,000 customers.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, covering equipment, transportation, and installation, which not only strengthens the local electric system's resilience but also supports future power demands.
- System Upgrades: With both transformers installed, the Lakewood Substation will gain greater backup capacity, expected to reduce outage durations and accelerate service restoration times, thereby enhancing overall grid reliability.
- Community Benefits: This upgrade will not only improve power service directly for Lakewood but may also provide support to surrounding communities during outages, further strengthening the stability of the regional electric system.
See More
FirstEnergy Enhances Electric Reliability with New Transformers
- Transformer Delivery: FirstEnergy successfully delivered its first new transformer weighing 55 tons to the Lakewood Substation, marking a key milestone in its efforts to enhance electric reliability for nearly 11,000 customers.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, including equipment, transportation, and installation costs, which will strengthen the local electric system's resilience and support future community needs.
- Reliability Improvement: Once installed, the substation will enhance grid reliability, potentially reducing outage durations and accelerating service restoration times, while also providing backup support to surrounding communities during outages, further bolstering overall system reliability.
- Ongoing Enhancements: The transformer installation is part of a series of upgrades that have already reduced customer outage times by 98% in December 2025 compared to December 2024, with a 25% decrease in overall outage time for power lines served by the Lakewood Substation.
See More
FirstEnergy Enhances Electric Reliability with New Transformer Delivery
- Transformer Delivery: FirstEnergy successfully delivered its first new 55-ton transformer to the Lakewood Substation, marking a key milestone in improving electric reliability, which is expected to benefit nearly 11,000 customers and enhance grid stability.
- Investment Scale: Each transformer represents an investment of approximately $1.85 million, including equipment, transportation, and installation costs, reflecting the company's commitment to strengthening the resilience of the electric system to meet future community power needs.
- Reliability Improvement: Once installed, customers can expect reduced outage durations and faster service restoration times, while the increased backup capacity at the Lakewood Substation will enhance power restoration efficiency during peak demand periods.
- Community Benefits: This upgrade not only improves reliability for customers directly served by the Lakewood Substation but may also provide service restoration support to customers supplied by neighboring substations during outages, further strengthening overall system reliability in the area.
See More
