Company News & Information

Score One for the Home Team

February 15, 2022

During a visit to the St. Marys (Pa.) Area High School stadium, West Penn Power Operations Manager Jack Kifer noticed a large pile of sticks on one of the 90-foot light poles located at the facility. Thanks to his years of experience in the utility industry, he knew exactly what it was – an osprey nest. Jack,…

READ MORE

FirstEnergy Announces Fourth Quarter and Full Year 2021 Financial Results

February 10, 2022

FirstEnergy today reported full-year 2021 GAAP earnings of $1.3 billion, or $2.35 per basic and diluted share of common stock, on revenue of $11.1 billion. In 2020, the company reported GAAP earnings of $1.1 billion, or $1.99 per basic and diluted share of common stock, on revenue of $10.8 billion. Results include the impact of…

READ MORE

FirstEnergy Agrees on Terms to Resolve Shareholder Derivative Litigation

February 10, 2022

FirstEnergy today announced that, acting through the Special Litigation Committee of its Board of Directors, it has agreed to a settlement term sheet to resolve derivative claims asserted on the company’s behalf and for the company’s benefit in multiple shareholder derivative lawsuits filed in the U.S. District Court for the Southern District of Ohio, the…

READ MORE

Lending a Helping Hand

February 9, 2022

Employees in our Penelec and Potomac Edison service area made a difference in the lives of others during the holiday season. Several employees at Penelec’s Towanda Operations Center participated at the local Salvation Army’s Christmas Angel Tree project. Employees adopted 20 angels (children) from the tree and purchased clothing, toys and books for each child.…

READ MORE

Making an Impact in Our Communities

February 8, 2022

From bell ringing to decorating a park to donating gifts, those in need in our communities benefitted from our employees’ volunteerism. Once again, a group of employees volunteered to help set up the annual Celebration of Lights event at Morris Park in Fairmont, W.Va. Celebration of Lights features more than 500 lighting displays decorating a…

READ MORE

FirstEnergy to Webcast Fourth Quarter Earnings Teleconference

February 7, 2022

FirstEnergy will release our financial results for the fourth quarter and full year of 2021 after markets close on Thursday, Feb. 10. These results will be discussed by management during a conference call with financial analysts at 9 a.m. on Friday, Feb. 11. A question-and-answer session will follow. Employees, investors, customers and other interested parties are invited…

READ MORE

Customer Shout-Out: Penelec

February 4, 2022

A Penelec customer recently submitted the following message of appreciation after a car accident disrupted service to multiple residents and businesses along Main Street in Canton, Pa. Just a note to say “thank you” for your response after an auto accident resulted in a broken pole. Your service was excellent and the workers who repaired…

READ MORE