Ohio Power Grid Upgrade Enhances Reliability for 16,000 Customers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy FE?
Source: Newsfilter
- Grid Upgrade Project: American Transmission Systems is undertaking a $24 million power grid upgrade in Trumbull County, Ohio, expected to be completed by the end of summer, aimed at providing more reliable electricity service to over 16,000 residents and businesses.
- Infrastructure Strengthening: The project replaces aging wooden poles with 22 steel structures and installs thicker wires, enhancing the grid's capacity and resilience against severe weather, thereby reducing outages and speeding up restoration times.
- Meeting Growing Demand: The upgraded grid will better handle high demand during extreme weather, reduce overloads that can lead to outages, and support residential and business growth in Trumbull County, ensuring stable power supply.
- Long-term Investment Plan: This upgrade is part of FirstEnergy's Energize365 long-term investment program, which plans to invest $36 billion between 2026 and 2030 to build a smarter, more resilient grid that meets the evolving needs of communities.
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Analyst Views on FE
Wall Street analysts forecast FE stock price to fall
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 50.550
Low
46.00
Averages
49.25
High
54.00
Current: 50.550
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 3,604 MWs of regulated net maximum 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.
Ohio Power Grid Upgrade Enhances Reliability for 16,000 Customers
- Grid Upgrade Project: American Transmission Systems is undertaking a $24 million power grid upgrade in Trumbull County, Ohio, expected to be completed by the end of summer, aimed at providing more reliable electricity service to over 16,000 residents and businesses.
- Infrastructure Strengthening: The project replaces aging wooden poles with 22 steel structures and installs thicker wires, enhancing the grid's capacity and resilience against severe weather, thereby reducing outages and speeding up restoration times.
- Meeting Growing Demand: The upgraded grid will better handle high demand during extreme weather, reduce overloads that can lead to outages, and support residential and business growth in Trumbull County, ensuring stable power supply.
- Long-term Investment Plan: This upgrade is part of FirstEnergy's Energize365 long-term investment program, which plans to invest $36 billion between 2026 and 2030 to build a smarter, more resilient grid that meets the evolving needs of communities.
See More
CRA International to Conduct Auction for FirstEnergy Subsidiaries
- 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.
See More
Ohio Power Grid Upgrade Enhances Reliability for 16,000 Customers
- 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.
See More
FirstEnergy Appoints New VP to Enhance Employee Development
- Leadership Enhancement: FirstEnergy has appointed Jennifer Lawless as Vice President of Enterprise Learning to advance a culture of continuous performance improvement, thereby enhancing employee growth and reliable customer service to ensure the company's long-term success.
- Learning Strategy Implementation: Lawless will lead the implementation of the enterprise learning and development strategy, focusing on advancing leadership capabilities, modernizing learning technologies, and championing a culture rooted in accountability, safety, and innovation to enhance employee engagement and agility.
- Rich Experience Background: Prior to joining FirstEnergy, Lawless served as Training Director at Exelon Utilities, where she upgraded the learning management system for over 42,000 employees and contractors and established a centralized training organization, driving modern learning practices that enhance safety and performance.
- Education and Certifications: Lawless holds a Master of Science in Education and a Bachelor of Science in Sociology, along with several professional certifications in learning and leadership development, demonstrating her expertise and authority in fostering employee growth and adaptability.
See More
FirstEnergy Appoints New Chief Security Officer to Enhance Cybersecurity
- Appointment of Security Officer: FirstEnergy has appointed Brian Harrell, a former senior official at the U.S. Department of Homeland Security, as Vice President and Chief Security Officer, aiming to enhance the company's defenses against increasingly complex security threats in both cyber and physical realms.
- Strengthening Security Strategy: Harrell will be responsible for enhancing the enterprise security posture by strengthening defenses, expanding intelligence-driven detection and response capabilities, and embedding security more deeply into business and operational planning, thereby improving overall security levels across the company.
- Rich Background Experience: During his tenure as Chief Security Officer at Avangrid Energy, Harrell established 24/7 security operations centers and enhanced threat detection and intelligence capabilities, demonstrating his leadership in managing security in complex, highly regulated environments across a multistate energy portfolio.
- Industry Impact: Harrell's appointment is expected to not only bolster FirstEnergy's security protections but also enhance the readiness and response capabilities of field teams through training and preparedness, ensuring the company is equipped to handle evolving risks effectively.
See More
FirstEnergy Appoints New VP of Enterprise Learning to Enhance Workforce Development
- Leadership Enhancement: FirstEnergy has appointed Jennifer Lawless as Vice President of Enterprise Learning to advance a culture of continuous performance improvement that supports employee growth and reliable customer service, thereby enhancing the company's long-term success.
- Learning Strategy Implementation: Lawless will lead the implementation of the enterprise learning and development strategy, focusing on advancing leadership capabilities, modernizing learning technologies, and championing a culture rooted in accountability, safety, and innovation to ensure employees can adapt and succeed.
- Rich Experience Background: Prior to joining FirstEnergy, Lawless served as Training Director at Exelon Utilities, where she was responsible for upgrading the learning management system for over 42,000 employees and contractors, establishing a centralized training organization, and implementing a systematic approach to training.
- Education and Certifications: Lawless holds a Master of Science in Education and a Bachelor of Science in Sociology, along with several professional certifications in learning and leadership development, showcasing her capability in advancing safety, performance, and modern learning practices.
See More
Ohio Power Grid Upgrade Enhances Reliability for 16,000 Customers
- Grid Upgrade Project: American Transmission Systems is undertaking a $24 million power grid upgrade in Trumbull County, Ohio, expected to be completed by the end of summer, aimed at providing more reliable electricity service to over 16,000 residents and businesses.
- Infrastructure Strengthening: The project replaces aging wooden poles with 22 steel structures and installs thicker wires, enhancing the grid's capacity and resilience against severe weather, thereby reducing outages and speeding up restoration times.
- Meeting Growing Demand: The upgraded grid will better handle high demand during extreme weather, reduce overloads that can lead to outages, and support residential and business growth in Trumbull County, ensuring stable power supply.
- Long-term Investment Plan: This upgrade is part of FirstEnergy's Energize365 long-term investment program, which plans to invest $36 billion between 2026 and 2030 to build a smarter, more resilient grid that meets the evolving needs of communities.
See More
CRA International to Conduct Auction for FirstEnergy Subsidiaries
- 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.
See More
Ohio Power Grid Upgrade Enhances Reliability for 16,000 Customers
- 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.
See More
FirstEnergy Appoints New VP to Enhance Employee Development
- Leadership Enhancement: FirstEnergy has appointed Jennifer Lawless as Vice President of Enterprise Learning to advance a culture of continuous performance improvement, thereby enhancing employee growth and reliable customer service to ensure the company's long-term success.
- Learning Strategy Implementation: Lawless will lead the implementation of the enterprise learning and development strategy, focusing on advancing leadership capabilities, modernizing learning technologies, and championing a culture rooted in accountability, safety, and innovation to enhance employee engagement and agility.
- Rich Experience Background: Prior to joining FirstEnergy, Lawless served as Training Director at Exelon Utilities, where she upgraded the learning management system for over 42,000 employees and contractors and established a centralized training organization, driving modern learning practices that enhance safety and performance.
- Education and Certifications: Lawless holds a Master of Science in Education and a Bachelor of Science in Sociology, along with several professional certifications in learning and leadership development, demonstrating her expertise and authority in fostering employee growth and adaptability.
See More
FirstEnergy Appoints New Chief Security Officer to Enhance Cybersecurity
- Appointment of Security Officer: FirstEnergy has appointed Brian Harrell, a former senior official at the U.S. Department of Homeland Security, as Vice President and Chief Security Officer, aiming to enhance the company's defenses against increasingly complex security threats in both cyber and physical realms.
- Strengthening Security Strategy: Harrell will be responsible for enhancing the enterprise security posture by strengthening defenses, expanding intelligence-driven detection and response capabilities, and embedding security more deeply into business and operational planning, thereby improving overall security levels across the company.
- Rich Background Experience: During his tenure as Chief Security Officer at Avangrid Energy, Harrell established 24/7 security operations centers and enhanced threat detection and intelligence capabilities, demonstrating his leadership in managing security in complex, highly regulated environments across a multistate energy portfolio.
- Industry Impact: Harrell's appointment is expected to not only bolster FirstEnergy's security protections but also enhance the readiness and response capabilities of field teams through training and preparedness, ensuring the company is equipped to handle evolving risks effectively.
See More
FirstEnergy Appoints New VP of Enterprise Learning to Enhance Workforce Development
- Leadership Enhancement: FirstEnergy has appointed Jennifer Lawless as Vice President of Enterprise Learning to advance a culture of continuous performance improvement that supports employee growth and reliable customer service, thereby enhancing the company's long-term success.
- Learning Strategy Implementation: Lawless will lead the implementation of the enterprise learning and development strategy, focusing on advancing leadership capabilities, modernizing learning technologies, and championing a culture rooted in accountability, safety, and innovation to ensure employees can adapt and succeed.
- Rich Experience Background: Prior to joining FirstEnergy, Lawless served as Training Director at Exelon Utilities, where she was responsible for upgrading the learning management system for over 42,000 employees and contractors, establishing a centralized training organization, and implementing a systematic approach to training.
- Education and Certifications: Lawless holds a Master of Science in Education and a Bachelor of Science in Sociology, along with several professional certifications in learning and leadership development, showcasing her capability in advancing safety, performance, and modern learning practices.
See More
