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  • Jersey Central Power & Light Submits Rate Filing For Hurricane Sandy Restoration Costs
    program As proposed a majority of the CDBG funds would be targeted for a comprehensive storm hardening program that can have a positive impact on future reliability and deployment of smart grid technologies while promoting economic development and job creation in communities throughout JCP L s service area The remainder of the grant funding could be used to offset the costs related to JCP L s Hurricane Sandy service restoration effort If approved for this purpose the CDBG grants would be used to help reduce JCP L customers electric bills JCP L is a subsidiary of FirstEnergy Corp NYSE FE JCP L serves 1 1 million customers in the counties of Burlington Essex Hunterdon Mercer Middlesex Monmouth Morris Ocean Passaic Somerset Sussex Union and Warren Follow JCP L on Twitter JCP L and Facebook at www facebook com JCPandL FirstEnergy is a diversified energy company dedicated to safety reliability and operational excellence Its 10 electric distribution companies form one of the nation s largest investor owned electric systems serving customers in Maryland Ohio Pennsylvania New Jersey New York and West Virginia Its generation subsidiaries control more than 20 000 megawatts of capacity from a diversified mix of scrubbed coal non emitting nuclear natural gas hydro pumped storage hydro and other renewables Follow FirstEnergy on Twitter FirstEnergyCorp Forward Looking Statements This news release includes forward looking statements based on information currently available to management Such statements are subject to certain risks and uncertainties These statements include declarations regarding management s intents beliefs and current expectations These statements typically contain but are not limited to the terms anticipate potential expect believe estimate and similar words Forward looking statements involve estimates assumptions known and unknown risks uncertainties and other factors that may cause actual results performance or achievements to be materially different from any future results performance or achievements expressed or implied by such forward looking statements Actual results may differ materially due to the speed and nature of increased competition in the electric utility industry the impact of the regulatory process on the pending matters before FERC and in the various states in which we do business including but not limited to matters related to rates the uncertainties of various cost recovery and cost allocation issues resulting from ATSI s realignment into PJM economic or weather conditions affecting future sales and margins regulatory outcomes associated with Hurricane Sandy changing energy capacity and commodity market prices and availability financial derivative reforms that could increase our liquidity needs and collateral costs the continued ability of our regulated utilities to collect transition and other costs operation and maintenance costs being higher than anticipated other legislative and regulatory changes and revised environmental requirements including possible GHG emission water intake and coal combustion residual regulations the potential impacts of CAIR and any laws rules or regulations that ultimately replace CAIR and the effects of the EPA s MATS rules the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/jersey-central-power---light-submits-rate-filing-for-hurricane-s.html (2016-02-13)
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  • JCP&L to Invest $200 Million in 2013 to Enhance Customer Service Reliability
    230 kilovolt kV line to increase capacity to meet growing demand in Monmouth and northern Ocean County Constructing a new 115 kV line from Englishtown Substation in Monmouth County to Wyckoff Substation in Hightstown Mercer County to increase capacity and improve reliability in the Hightstown and East Windsor areas Upgrading Eaton Crest Substation in Eatontown Monmouth County by installing new 230 kV transmission facilities to increase capacity and improve reliability to Eatontown and Tinton Falls areas Installing new equipment at Raritan Substation in Sayreville Middlesex County to add redundancy and increase reliability in Sayreville and South Amboy areas This work is in addition to repairing flood damage to parts of the substation following Hurricane Sandy Since 2001 JCP L has invested more than 1 8 billion in capital improvements to its distribution network In addition in 2012 JCP L invested hundreds of millions to repair and replace equipment damaged by Hurricane Sandy JCP L is a subsidiary of FirstEnergy Corp NYSE FE JCP L serves 1 1 million New Jersey customers in the counties of Burlington Essex Hunterdon Mercer Middlesex Monmouth Ocean Passaic Somerset Sussex Union and Warren Follow JCP L on Twitter JCP L and Facebook at www facebook com JCPandL Forward Looking Statements This news release includes forward looking statements based on information currently available to management Such statements are subject to certain risks and uncertainties These statements include declarations regarding management s intents beliefs and current expectations These statements typically contain but are not limited to the terms anticipate potential expect believe estimate and similar words Forward looking statements involve estimates assumptions known and unknown risks uncertainties and other factors that may cause actual results performance or achievements to be materially different from any future results performance or achievements expressed or implied by such forward looking statements Actual results may differ materially due to the speed and nature of increased competition in the electric utility industry the impact of the regulatory process on the pending matters before FERC and in the various states in which we do business including but not limited to matters related to rates the uncertainties of various cost recovery and cost allocation issues resulting from ATSI s realignment into PJM economic or weather conditions affecting future sales and margins regulatory outcomes associated with Hurricane Sandy changing energy capacity and commodity market prices and availability financial derivative reforms that could increase our liquidity needs and collateral costs the continued ability of our regulated utilities to collect transition and other costs operation and maintenance costs being higher than anticipated other legislative and regulatory changes and revised environmental requirements including possible GHG emission water intake and coal combustion residual regulations the potential impacts of CAIR and any laws rules or regulations that ultimately replace CAIR and the effects of the EPA s MATS rules the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any litigation including NSR litigation or potential regulatory initiatives or rulemakings including that such expenditures

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/jcp-l-to-invest--200-million-in-2013-to-enhance-customer-service.html (2016-02-13)
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  • FirstEnergy Names Jon Taylor Vice President, Controller and Chief Accounting Officer
    New York and West Virginia Its generation subsidiaries control more than 20 000 megawatts of capacity from a diversified mix of scrubbed coal non emitting nuclear natural gas hydro pumped storage hydro and other renewables Follow FirstEnergy on Twitter FirstEnergyCorp Forward Looking Statements This news release includes forward looking statements based on information currently available to management Such statements are subject to certain risks and uncertainties These statements include declarations regarding management s intents beliefs and current expectations These statements typically contain but are not limited to the terms anticipate potential expect believe estimate and similar words Forward looking statements involve estimates assumptions known and unknown risks uncertainties and other factors that may cause actual results performance or achievements to be materially different from any future results performance or achievements expressed or implied by such forward looking statements Actual results may differ materially due to the speed and nature of increased competition in the electric utility industry the impact of the regulatory process on the pending matters before FERC and in the various states in which we do business including but not limited to matters related to rates the uncertainties of various cost recovery and cost allocation issues resulting from ATSI s realignment into PJM economic or weather conditions affecting future sales and margins regulatory outcomes associated with Hurricane Sandy changing energy capacity and commodity market prices and availability financial derivative reforms that could increase our liquidity needs and collateral costs the continued ability of our regulated utilities to collect transition and other costs operation and maintenance costs being higher than anticipated other legislative and regulatory changes and revised environmental requirements including possible GHG emission water intake and coal combustion residual regulations the potential impacts of CAIR and any laws rules or regulations that ultimately replace CAIR and the effects of the EPA s MATS rules the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any litigation including NSR litigation or potential regulatory initiatives or rulemakings including that such expenditures could result in our decision to deactivate or idle certain generating units the uncertainties associated with our plans to deactivate our older unscrubbed regulated and competitive fossil units and our plans to change the operations of certain fossil plants including the impact on vendor commitments and the timing of those deactivations and operational changes as they relate to among other things the RMR arrangements and the reliability of the transmission grid issues that could result from the NRC s review of the indications of cracking in the Davis Besse Plant shield building adverse regulatory or legal decisions and outcomes with respect to our nuclear operations including but not limited to the revocation or non renewal of necessary licenses approvals or operating permits by the NRC or as a result of the incident at Japan s Fukushima Daiichi Nuclear Plant adverse legal decisions and outcomes related to ME s and PN s ability to recover certain transmission costs through their transmission service charge

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-names-jon-taylor-vice-president--controller-and-chie.html (2016-02-13)
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  • JCP&L to Make $400,000 Investment in West Side Asbury Park Neighborhood Revitalization Tax Credit Program
    of Interfaith Neighbors the NRTC program has improved housing economic revitalization community and recreation facilities public spaces and social conditions on the West Side of Asbury Park These initiatives address needs identified by neighborhood residents dating back 30 years Concerned and active community partners like JCP L are the reason we have been able to complete the number of projects that will continue to benefit the residents of Asbury Park for many years said Joseph Mamora executive director of Interfaith Neighbors JCP L has embraced the residents vision for the West Side participated in the tax credit program and enabled us to work with our collaborative partners to make it a reality The ongoing successful revitalization of Asbury Park s West Side demonstrates how government community organizations businesses and concerned citizens can work together said Don Lynch JCP L president The Interfaith Neighbors NRTC Program is a model that others can learn from JCP L is proud to offer our continued support to this outstanding partnership Initiatives that have been completed to date by Interfaith Neighbors through the NRTC project include Constructing 40 units of affordable housing Design and construction of the Springwood Center mixed use building Establishing the Interfaith Neighbors Business Development Center Refurbishing the indoor pool at the Boys Girls Club Installing new lights for the Asbury Park Little League field Fitting out space for Police Athletic League boxing and fitness program Funding after school arts programs for Asbury Park High School Supporting a Boys Girls Club mentoring program for college bound students Funding facility improvements at the West Side Community Center Supporting workforce development and job placement programs for local residents Supporting the expansion of the Asbury Park Big Brothers Big Sisters mentoring program JCP L is a subsidiary of FirstEnergy Corp NYSE FE JCP L serves

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/jcp-l-to-make--400-000-investment-in-west-side-asbury-park-neigh.html (2016-02-13)
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  • FirstEnergy to Webcast Fourth Quarter Earnings Teleconference
    Webcast Fo FirstEnergy to Webcast Fourth Quarter Earnings Teleconference AKRON Ohio Feb 19 2013 FirstEnergy Corp NYSE FE will release fourth quarter and full year 2012 earnings before markets open on February 25 These results will be discussed by FirstEnergy management during a conference call with financial analysts at 1 p m EST that day A question and answer session will follow Investors customers and other interested parties are invited to listen to a live webcast of the call via FirstEnergy s Investor Information website www firstenergycorp com ir The webcast also will be archived on the site FirstEnergy s fourth quarter Consolidated Report to the Financial Community will be posted on the investor section of the website before markets open on February 25 FirstEnergy is a diversified energy company dedicated to safety reliability and operational excellence Its 10 electric distribution companies form one of the nation s largest investor owned electric systems serving customers in Maryland Ohio Pennsylvania New Jersey New York and West Virginia Its generation subsidiaries control more than 20 000 megawatts of capacity from a diversified mix of scrubbed coal non emitting nuclear natural gas hydro pumped storage hydro and other renewables Follow FirstEnergy on Twitter

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-to-webcast-fourth-quarter-earnings-teleconference.html (2016-02-13)
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  • FirstEnergy Nuclear Operating Company Employees Recognized with Electric Industry Training Award
    An independent nonprofit organization EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity including reliability efficiency affordability health safety and the environment EPRI s members represent approximately 90 percent of the electricity generated and delivered in the United States and international participation extends to more than 30 countries EPRI s principal offices and laboratories are located in Palo Alto Calif Charlotte N C Knoxville Tenn and Lenox Mass Forward Looking Statements This news release includes forward looking statements based on information currently available to management Such statements are subject to certain risks and uncertainties These statements include declarations regarding management s intents beliefs and current expectations These statements typically contain but are not limited to the terms anticipate potential expect believe estimate and similar words Forward looking statements involve estimates assumptions known and unknown risks uncertainties and other factors that may cause actual results performance or achievements to be materially different from any future results performance or achievements expressed or implied by such forward looking statements Actual results may differ materially due to the speed and nature of increased competition in the electric utility industry the impact of the regulatory process on the pending matters before FERC and in the various states in which we do business including but not limited to matters related to rates the uncertainties of various cost recovery and cost allocation issues resulting from ATSI s realignment into PJM economic or weather conditions affecting future sales and margins regulatory outcomes associated with Hurricane Sandy changing energy capacity and commodity market prices and availability financial derivative reforms that could increase our liquidity needs and collateral costs the continued ability of our regulated utilities to collect transition and other costs operation and maintenance costs being higher than anticipated other legislative and regulatory changes and revised environmental requirements including possible GHG emission water intake and coal combustion residual regulations the potential impacts of CAIR and any laws rules or regulations that ultimately replace CAIR and the effects of the EPA s MATS rules the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any litigation including NSR litigation or potential regulatory initiatives or rulemakings including that such expenditures could result in our decision to deactivate or idle certain generating units the uncertainties associated with our plans to deactivate our older unscrubbed regulated and competitive fossil units and our plans to change the operations of certain fossil plants including the impact on vendor commitments and the timing of those deactivations and operational changes as they relate to among other things the RMR arrangements and the reliability of the transmission grid issues that could result from the NRC s review of the indications of cracking in the Davis Besse Plant shield building adverse regulatory or legal decisions and outcomes with respect to our nuclear operations including but not limited to the revocation or non renewal of necessary licenses approvals or operating permits

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-nuclear-operating-company-employees-recognized-with-.html (2016-02-13)
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  • Jersey Central Power & Light Provides Key Improvement to Critical Habitat Project in New Jersey
    has become a model site for how both wildlife and agriculture can coexist Working with a local farmer a unique partnership between the Hunterdon County Department of Parks and Recreation the New Jersey Division of Fish Wildlife and New Jersey Audubon was formed in 2006 with a goal of managing the site for grassland habitat and grassland dependent species Consequently portions of this site have since been transformed from scrubby invasive plant habitat to native grasses that provide critical habitat for a number of rare species including Bobolinks Grasshopper Sparrows Eastern Meadowlarks and Savannah Sparrows Grassland birds require large open treeless areas of grass and sedge meadow One issue at the South Branch WMA site was that the old utility wires and poles remaining on site were attracting Brown headed Cowbirds said John Parke Stewardship Project director for New Jersey Audubon Cowbirds were a big concern in that they are nest parasites laying eggs in other birds nests for the hosts to raise as their own The wires and poles at the South Branch WMA were used by cowbirds as vantage points to observe the activity of host birds and identify locations of the nests of these rare grassland species Grassland birds typically require large contiguous areas of grassland with few trees or perch sites for species such as cowbirds and hawks One of the keys to discouraging cowbird parasitism or controlling populations of Brown headed Cowbirds is to remove perch sites especially within or surrounding the grassland habitat This is exactly what JCP L has done and it has improved the habitat value at the South Branch WMA immensely Over the next several breeding seasons we expect to see many more grassland birds successfully raise young New Jersey Audubon and the other partners involved in the project cannot thank JCP L enough for this work and their commitment to help steward this habitat added Parke A few utility poles were strategically left standing to allow for nest boxes to be attached to them JCP L assisted with the installation of the nest boxes specific for other grassland dependant birds that are also state listed species specifically American Kestrel and Barn Owl Both species are cavity nesters and require large expanses of open grassland to forage which South Branch WMA provides The South Branch Wildlife Management Area provides a much needed grassland habitat and is a model for how partnerships can help protect the environment said JCP L President Don Lynch Removing the poles wires and transformers will help ensure that the birds have a natural habitat We are proud to support the New Jersey Audubon Society s Corporate Stewardship Council and its partners in their efforts in restoring the site and look forward to partnering in other projects About JCP L JCP L is a subsidiary of FirstEnergy Corp NYSE FE JCP L serves 1 1 million customers in the counties of Burlington Essex Hunterdon Mercer Middlesex Monmouth Morris Ocean Passaic Somerset Sussex Union and Warren Follow JCP L

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/jersey-central-power---light-provides-key-improvement-to-critica.html (2016-02-13)
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  • JCP&L's 2013 Vegetation Management Work Underway
    NYSE FE JCP L serves 1 1 million customers in the counties of Burlington Essex Hunterdon Mercer Middlesex Monmouth Morris Ocean Passaic Somerset Sussex Union and Warren Follow JCP L on Twitter JCP L and Facebook at www facebook com JCPandL Forward Looking Statements This news release includes forward looking statements based on information currently available to management Such statements are subject to certain risks and uncertainties These statements include declarations regarding management s intents beliefs and current expectations These statements typically contain but are not limited to the terms anticipate potential expect believe estimate and similar words Forward looking statements involve estimates assumptions known and unknown risks uncertainties and other factors that may cause actual results performance or achievements to be materially different from any future results performance or achievements expressed or implied by such forward looking statements Actual results may differ materially due to the speed and nature of increased competition in the electric utility industry the impact of the regulatory process on the pending matters before FERC and in the various states in which we do business including but not limited to matters related to rates the uncertainties of various cost recovery and cost allocation issues resulting from ATSI s realignment into PJM economic or weather conditions affecting future sales and margins regulatory outcomes associated with Hurricane Sandy changing energy capacity and commodity market prices and availability financial derivative reforms that could increase our liquidity needs and collateral costs the continued ability of our regulated utilities to collect transition and other costs operation and maintenance costs being higher than anticipated other legislative and regulatory changes and revised environmental requirements including possible GHG emission water intake and coal combustion residual regulations the potential impacts of CAIR and any laws rules or regulations that ultimately replace CAIR and the effects of the EPA s MATS rules the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any litigation including NSR litigation or potential regulatory initiatives or rulemakings including that such expenditures could result in our decision to deactivate or idle certain generating units the uncertainties associated with our plans to deactivate our older unscrubbed regulated and competitive fossil units and our plans to change the operations of certain fossil plants including the impact on vendor commitments and the timing of those deactivations and operational changes as they relate to among other things the RMR arrangements and the reliability of the transmission grid issues that could result from the NRC s review of the indications of cracking in the Davis Besse Plant shield building adverse regulatory or legal decisions and outcomes with respect to our nuclear operations including but not limited to the revocation or non renewal of necessary licenses approvals or operating permits by the NRC or as a result of the incident at Japan s Fukushima Daiichi Nuclear Plant adverse legal decisions and outcomes related to ME s and PN s ability to recover certain transmission costs through their transmission service

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/jcp-l-s-2013-vegetation-management-work-underway-.html (2016-02-13)
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