Jim Fakult, President of FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L), has been named the recipient of Morris Habitat for Humanity's Community Partner Award for 2024. The award was presented at the organization's Hearts & Hammers Gala on Feb. 22 in Mountain Lakes.
Edison International's (EIX) fourth-quarter earnings beat estimates. The company benefits from a strong cash inflow from operating activities and lower O&M expenses.
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.