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  • FirstEnergy Announces Second Quarter Financial Results
    to similarly titled measures used by other entities Per share amounts for the special items above are based on the after tax effect of each item divided by the weighted average shares outstanding for the period Consolidated Report and Teleconference FirstEnergy s Consolidated Report to the Financial Community which provides highlights on company developments and financial results for the second quarter and first half of the year is posted on the company s Investor Information website www firstenergycorp com ir To access the report click on Second Quarter 2015 Consolidated Report to the Financial Community The company s investor FactBook is also posted to its Investor Information website The company invites investors customers and other interested parties to listen to a live Internet webcast of its teleconference for financial analysts at 10 00 a m EDT tomorrow FirstEnergy management will present an overview of the company s financial results and discuss 2015 earnings guidance followed by a question and answer session The teleconference can be accessed on the company s website by selecting the Q2 2015 Earnings Conference Call link The webcast will be archived on the website 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 Ohio Pennsylvania New Jersey West Virginia Maryland and New York Its generation subsidiaries control nearly 17 000 megawatts of capacity from a diversified mix of scrubbed coal non emitting nuclear natural gas 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 forecast target will intend believe project 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 which may include the following the speed and nature of increased competition in the electric utility industry in general and the retail sales market in particular the ability to experience growth in the Regulated Distribution and Regulated Transmission segments and to successfully implement our revised sales strategy for the Competitive Energy Services segment the accomplishment of our regulatory and operational goals in connection with our transmission investment plan including but not limited to our pending transmission rate case the proposed transmission asset transfer and the effectiveness of our repositioning strategy to reflect a more regulated business profile changes in assumptions regarding economic conditions within our territories assessment of the reliability of our transmission system or the availability of capital or other resources supporting identified transmission investment opportunities the impact of the regulatory process on the pending

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-announces-second-quarter-financial-results.html (2016-02-13)
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  • FirstEnergy Prepared to Handle 90 Degree Days
    helicopter inspections and performed equipment maintenance and tree trimming to help ensure service reliability for customers when demand for electricity increases during the summer Comprehensive preventive maintenance work also was completed on FirstEnergy s nuclear coal and natural gas generating stations in Ohio Pennsylvania and West Virginia to ensure they operate reliably during the hot summer months and help supply power when increased air conditioning usage drives up demand for electricity FirstEnergy offers some common sense hot weather tips customers can follow to stay comfortable while using electricity wisely during this period of high demand Set the air conditioner s thermostat to as high a temperature as is comfortable Every degree a customer can increase the temperature in their home will result in using about 3 percent less energy during the hottest summer days During sunny weather close drapes or blinds on the sunny side of the home to prevent the sun from directly heating the inside Use fans moving air cools skin faster resulting in greater comfort on hot days Use a programmable thermostat to keep the temperature warmer during the work day then set it to be cooler by the time you arrive home For window air conditioners only operate the unit while someone is in the room Keep refrigerators and freezers as full as possible Frozen or cold items in the refrigerator help keep other items cool reducing the amount of work the refrigerator has to do to maintain a lower temperature Close rooms that aren t used regularly during the summer and close the air conditioning vents in those rooms as well Try to avoid using heat producing appliances during the hottest hours of the day The less heat produced in the home the less work the air conditioner will have to do Consider investing in ENERGY STAR appliances or HVAC systems FirstEnergy s utilities may offer rebates on these purchases and tax deductions may apply as well Check furnace filters and if necessary change it Clogged filters waste energy and money by forcing HVAC systems to work harder than necessary FirstEnergy utilities include Jersey Central Power Light in New Jersey Ohio Edison The Illuminating Company and Toledo Edison in Ohio Metropolitan Edison Company Met Ed Pennsylvania Electric Company Penelec Pennsylvania Power Penn Power and West Penn Power in Pennsylvania Mon Power in West Virginia and Potomac Edison in Maryland Customers who are without power are encouraged to call 1 888 LIGHTSS 1 888 544 4877 to report their outage or click the Report Outage link on www firstenergycorp com In the event of severe weather customers should immediately report downed wires to their utility or their local police or fire department Customers should never go near a downed power line even if they think it is no longer carrying electricity Extra caution should be used in areas where downed lines are tangled in trees or other debris Motorists are cautioned to treat intersections with inoperable traffic signals as four way stops FirstEnergy customers also can

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-prepared-to-handle-90-degree-days.html (2016-02-13)
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  • JCP&L Reminds Customers to Register for Programs to Help Stay Informed During Summer Storm Season
    power outage is expected to affect their electric service for more than 24 hours in which case they would be advised of locations where water and ice are available JCP L currently has more than 45 000 customers on this list Those who have previously signed up for this service do not need to contact the company again In addition JCP L has a list of more than 2 800 critical care customers who depend on electrically operated life support equipment These customers would be contacted should an outage affect their electric service for more than 24 hours To be included on the list critical care customers should contact JCP L to obtain an authorization form that needs to be signed by their physician every year We have made great strides over the years in communicating with our critical customers but it is important they work with us to ensure their accounts are properly registered in our system said Mark Jones JCP L vice president of External Affairs As an added safeguard we also provide the well water and life support system lists to county and municipal Offices of Emergency Management To receive additional information authorization forms or register for JCP L s special account programs customers should call 1 800 662 3115 JCP L also reminds customers that it offers a number of ways to report power outages and receive restoration updates To report a power outage customers can Call 1 888 LIGHTS 1 888 544 4877 Visit the 24 7 Power Center at www jcp l com Visit JCP L s Facebook page at www facebook com JCPandL Sign up for the company s interactive text messaging service Download the JCP L smartphone app for Apple iPhone and Android devices The company also provides current outage information including

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/jcp-l-reminds-customers-to-register-for-programs-to-help-stay-in.html (2016-02-13)
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  • FirstEnergy to Webcast Second Quarter Earnings Teleconference
    Teleconference Topics FirstEnergy Corp Investor Information Earnings Financial AKRON Ohio July 24 2015 FirstEnergy Corp NYSE FE will release financial results for the second quarter of 2015 after markets close on Thursday July 30 These results will be discussed by FirstEnergy management during a conference call with financial analysts at 10 a m EDT on Friday July 31 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 will be available for replay on the site for up to one year FirstEnergy s second quarter Consolidated Report to the Financial Community and investor FactBook will be posted on the investor section of the website before markets open on July 30 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 Ohio Pennsylvania New Jersey West Virginia Maryland and New York Its generation subsidiaries control nearly 17 000 megawatts of capacity from a diversified mix of scrubbed coal non emitting nuclear natural gas

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-to-webcast-second-quarter-earnings-teleconference1.html (2016-02-13)
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  • FirstEnergy Corp. Declares Unchanged Common Stock Dividend
    Equity methodology for FERC jurisdictional wholesale generation and transmission utility service and FERC s compliance and enforcement activity including compliance and enforcement activity related to North American Electric Reliability Corporation s mandatory reliability standards the uncertainties of various cost recovery and cost allocation issues resulting from American Transmission Systems Incorporated s realignment into PJM economic or weather conditions affecting future sales and margins such as a polar vortex or other significant weather events and all associated regulatory events or actions changing energy capacity and commodity market prices including but not limited to coal natural gas and oil and their availability and impact on retail margins the continued ability of our regulated utilities to recover their costs costs being higher than anticipated and the success of our policies to control costs and to mitigate low energy capacity and market prices other legislative and regulatory changes and revised environmental requirements including but not limited to proposed greenhouse gases emission and water discharge regulations and the effects of the United States Environmental Protection Agency s coal combustion residuals regulations Cross State Air Pollution Rule Mercury and Air Toxics Standards including our estimated costs of compliance and Clean Water Act 316 b water intake regulation the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any litigation including New Source Review litigation or potential regulatory initiatives or rulemakings including that such initiatives or rulemakings could result in our decision to deactivate or idle certain generating units the uncertainties associated with the deactivation of certain older regulated and competitive fossil units including the impact on vendor commitments and the timing thereof as they relate to the reliability of the transmission grid the impact of other future changes to the operational status or availability of our generating units 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 Nuclear Regulatory Commission or as a result of the incident at Japan s Fukushima Daiichi Nuclear Plant issues arising from the indications of cracking in the shield building at Davis Besse the risks and uncertainties associated with litigation arbitration mediation and like proceedings including but not limited to any such proceedings related to vendor commitments the impact of labor disruptions by our unionized workforce replacement power costs being higher than anticipated or not fully hedged the ability to comply with applicable state and federal reliability standards and energy efficiency and peak demand reduction mandates changes in customers demand for power including but not limited to changes resulting from the implementation of state and federal energy efficiency and peak demand reduction mandates the ability to accomplish or realize anticipated benefits from strategic and financial goals including but not limited to the ability to continue to reduce costs and to successfully execute our financial plans designed to improve our credit metrics and strengthen our balance sheet through among other actions our

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-corp--declares-unchanged-common-stock-dividend.html (2016-02-13)
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  • FirstEnergy Launches Scam and Fraud Information Website to Educate Customers about Threats
    impersonating utility company employees have targeted victims through door to door visits phone calls and electronic communications The criminals often try to instill fear that power will be disconnected if the victim does not comply with the demands Customers have reported the theft of money personal data and valuables FirstEnergy s Scam and Fraud Information site describes some of the most widespread schemes targeting utility customers and offers facts and safety reminders that can help customers avoid becoming a victim of these crimes Scams listed on the site include Power shut off scam In this nationwide scam customers have reported receiving phone calls from someone who claims to be associated with the local electric utility The caller threatens to shut off the customer s power unless an immediate payment is made and the customer is often instructed to use a pre paid debit card or a money transfer service Door to door solicitation In this scam individuals go door to door claiming to be affiliated with the utility company The scam artists often work in pairs and have been characterized as very persistent These individuals may inquire about the resident s electric service or rate and ask to review a copy of the current electric bill or other documents Police and media reports indicate that in some cases after distracting the resident these individuals have stolen property and personal information Bogus fees for equipment Customers have reported receiving phone calls demanding a separate payment to replace an electric meter or other equipment In many cases the caller threatens customers with disconnection unless an immediate payment is made Customers who have questions about their account status or the identity of someone who claims to be one of our employees should immediately call our customer contact centers Green said We also urge customers to report any suspicious activity to the police and to let us know if they believe they have been targeted by a scam Customers are encouraged to share this information with friends and family to continue raising awareness of these crimes and to revisit the Scam and Fraud Information page on FirstEnergy s website periodically to check for updates on emerging scam activity In addition to understanding how criminals target their victims the website offers reminders to help ensure customer safety and security including FirstEnergy employees do not contact customers to request sensitive information such as social security numbers or bank account information and they will not demand immediate payment over the phone Customers who are behind on their accounts receive written notice of their account status along with instructions on how to avoid a disconnection of service Do not allow anyone claiming to be a utility employee into your home unless an appointment has been scheduled and the employee has provided proper identification FirstEnergy s utilities offer a wide array of billing and payment options and will never insist on a particular method of payment Only send your payments to your FirstEnergy utility company If you have any

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-launches-scam-and-fraud-information-website.html (2016-02-13)
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  • West Penn Power Removing Ash Trees to Help Prevent Outages
    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 which may include the following the speed and nature of increased competition in the electric utility industry in general and the retail sales market in particular the ability to experience growth in the Regulated Distribution and Regulated Transmission segments and to successfully implement our revised sales strategy for the Competitive Energy Services segment the accomplishment of our regulatory and operational goals in connection with our transmission investment plan pending transmission rate case and the effectiveness of our repositioning strategy to reflect a more regulated business profile changes in assumptions regarding economic conditions within our territories assessment of the reliability of our transmission system or the availability of capital or other resources supporting identified transmission investment opportunities the impact of the regulatory process on the pending matters at the federal level and in the various states in which we do business including but not limited to matters related to rates and the Electric Security Plan IV in Ohio the impact of the federal regulatory process on the Federal Energy Regulatory Commission FERC regulated entities and transactions in particular FERC regulation of wholesale energy and capacity markets including PJM Interconnection L L C PJM markets and FERC jurisdictional wholesale transactions FERC regulation of cost of service rates including FERC Opinion No 531 s revised Return on Equity methodology for FERC jurisdictional wholesale generation and transmission utility service and FERC s compliance and enforcement activity including compliance and enforcement activity related to North American Electric Reliability Corporation s mandatory reliability standards the uncertainties of various cost recovery and cost allocation issues resulting from American Transmission Systems Incorporated s realignment into PJM economic or weather conditions affecting future sales and margins such as a polar vortex or other significant weather events and all associated regulatory events or actions changing energy capacity and commodity market prices including but not limited to coal natural gas and oil and their availability and impact on retail margins the continued ability of our regulated utilities to recover their costs costs being higher than anticipated and the success of our policies to control costs and to mitigate low energy capacity and market prices other legislative and regulatory changes and revised environmental requirements including but not limited to proposed greenhouse gases emission and water discharge regulations and the effects of the United States Environmental Protection Agency s coal combustion residuals regulations Cross State Air Pollution Rule Mercury and Air Toxics Standards including our estimated costs of compliance and Clean Water Act 316 b water intake regulation the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any litigation including New Source Review litigation or potential regulatory initiatives or rulemakings including that such initiatives or rulemakings could result in our decision to

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/west-penn-power-removing-ash-trees-to-help-prevent-outages.html (2016-02-13)
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  • FirstEnergy Nuclear Operating Company Announces Management Changes at Fleet Headquarters, Davis-Besse
    replaces Lieb as site vice president of Davis Besse and will report to Senior Vice President and FENOC Chief Operating Officer Paul A Harden As site vice president Boles is responsible for overall management direction and coordination of Davis Besse s operation Ray s extensive engineering background and solid understanding of plant operations will benefit FENOC s fleet engineering organization In addition Brian s past experience at Davis Besse and his solid leadership abilities will assist the site in continuing to achieve top industry performance said Belcher We are fortunate to have a deep bench of solid leaders within FENOC and I am confident Ray and Brian will continue to guide the safe reliable and cost efficient operations of our nuclear plants in their new roles Following his service in the nuclear navy Lieb began his career in operations at Tennessee Valley Authority s Sequoyah Nuclear Plant in 1993 He joined Beaver Valley s operations group in 1996 as an assistant nuclear shift supervisor and served as shift manager and in various engineering outage and work management leadership roles before being named director of Site Operations at Beaver Valley in 2009 Lieb was promoted to his most recent position of Davis Besse site vice president in September 2012 Over the course of his nuclear career he also served as a FENOC loaned employee to the Institute of Nuclear Power Operations INPO Lieb received a bachelor s degree in chemical engineering from Pennsylvania State University and a master s degree in engineering management from Old Dominion University He also was licensed as a senior reactor operator at Sequoyah Nuclear Plant and Beaver Valley Unit 1 Boles has served as vice president Nuclear Support for FENOC since May 2014 He began his career with the company in 1985 at the Perry Nuclear

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-nuclear-operating-company-announces-management-chang.html (2016-02-13)
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