Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun upgrading 3.5 miles of a high-voltage power line in Monmouth County to help prevent or minimize the impact of service disruptions for 3,950 customers. The work is part of a series of projects to improve the reliability of the transmission system benefiting more than 150,000 customers in the region.
Dominion Energy's (D) fourth-quarter earnings are lower than expected. The decision to sell 50% interest in CVOW will protect the company from any unforeseen cost increases.
Entergy's (ETR) Q4 earnings miss estimates but benefits from lower operating expenses and rising retail customers.