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  • $225 Million Will Be Spent in 2015 in the Mon Power Service Area to Strengthen Electric System
    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 and distribution rate cases 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 pending rate cases including 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 regulatory outcomes associated with storm restoration costs including but not limited to Hurricane Sandy Hurricane Irene and the October snowstorm of 2011 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 expenditures

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/-225-million-will-be-spent-in-2015-in-the-mon-power-service-area.html (2016-02-13)
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  • JCP&L Plans to Spend $267 Million in 2015 to Enhance Electric System
    of Burlington Essex Hunterdon Mercer Middlesex Monmouth Morris Ocean Passaic Somerset Sussex Union and Warren Follow JCP L on Twitter JCP L on Facebook at www facebook com JCPandL or online at www jcp l com Editor s Note Photos of service reliability work being done at a JCP L substation in Hunterdon County are available for download on Flickr 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 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 pending transmission and distribution rate cases 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 pending rate cases including 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 regulatory outcomes associated with storm restoration costs including but not limited to Hurricane Sandy Hurricane Irene and the October snowstorm of 2011 changing energy capacity and commodity market prices including but not limited to coal natural gas and

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/jcp-l-plans-to-spend--267-million-in-2015-to-enhance-electric-sy.html (2016-02-13)
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  • FirstEnergy Senior Vice President and CFO James Pearson to Speak at Credit Suisse Energy Summit
    Contacts Social Media Newsroom Home News Releases FirstEnergy Senior Vice P FirstEnergy Senior Vice President and CFO James Pearson to Speak at Credit Suisse Energy Summit Webcast Will be Available Topics FirstEnergy Corp Investor Information Executives Financial AKRON Ohio Feb 19 2015 FirstEnergy Corp NYSE FE today announced that Senior Vice President and Chief Financial Officer James F Pearson will give a presentation at the Credit Suisse Energy Summit 2015 on Tuesday February 24 2015 at approximately 11 10 a m EST A live webcast of the presentation will be available on FirstEnergy s investor information website www firstenergycorp com ir by clicking the Credit Suisse Energy Summit 2015 link The webcast will also be archived on FirstEnergy s 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 currently control nearly 18 000 megawatts of capacity from a diversified mix of scrubbed coal non emitting nuclear natural gas hydro and other renewables Follow FirstEnergy on Twitter FirstEnergyCorp CONTACT News Media Contact Tricia Ingraham

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-senior-vice-president-and-cfo-james-pearson-to-speak.html (2016-02-13)
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  • FirstEnergy Announces Fourth Quarter and Full Year 2014 Results
    be comparable 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 fourth quarter and full year is posted on the company s Investor Information website www firstenergycorp com ir To access the report click on Fourth Quarter 2014 Consolidated Report to the Financial Community The company s investor FactBook will also be posted to its Investor Information website this evening The company invites investors customers and other interested parties to listen to a live Internet webcast of its teleconference for financial analysts at 9 00 a m EST 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 Q4 2014 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 18 000 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 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 pending transmission and distribution rate cases 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

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-announces-fourth-quarter-and-full-year-2014-results-.html (2016-02-13)
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  • Anthony J. Alexander Concludes 43 Years of Service at FirstEnergy
    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 and distribution rate cases 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 pending rate cases including 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 regulatory outcomes associated with storm restoration costs including but not limited to Hurricane Sandy Hurricane Irene and the October snowstorm of 2011 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 expenditures 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

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/anthony-j--alexander-concludes-43-years-of-service-at-firstenerg0.html (2016-02-13)
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  • Potomac Edison and Blue Ridge Community and Technical College Offer Training Program for Future Utility Workers
    of West Virginia to enroll in the program Developing relationships with industry partners is vital to the mission of our institution said Dr Peter Checkovich president of Blue Ridge Community and Technical College This program produces skilled graduates who are in high demand in the electric utility industry Students learn to provide an essential service and go on to serve the Eastern Panhandle of West Virginia and the surrounding areas In previous years the line and substation training for the Power Systems Institute in the Potomac Edison and Mon Power areas was through a partnership with Pierpont Community and Technical College in Fairmont W Va Now line students in the Potomac Edison area will be trained at Blue Ridge Community and Technical College while substation electricians will continue to be enrolled at Pierpont as will Mon Power line and substation students FirstEnergy originally introduced the Power Systems Institute in 2000 as a way to help replace retiring line workers Over the years programs were established at colleges throughout the company s six state service area With the economic downturn in 2011 most of the Power Systems Institute programs were placed on hold because projected hiring needs did not support bringing in new students As future manpower needs at FirstEnergy were re evaluated the decision was made to offer the Power Systems Institute line training program at Blue Ridge targeting a fall 2015 enrollment class Program openings are limited and applicants will be assessed through a competitive multi step process Qualified students enrolled in the program are eligible to receive financial support from FirstEnergy including costs for tuition and books Prospective candidates can learn more about the Power Systems Institute at an information session scheduled for 10 00 a m to noon on Saturday March 28 2015 at Blue Ridge Community

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/potomac-edison-and-blue-ridge-community-and-technical-college-of.html (2016-02-13)
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  • FirstEnergy Invested $207 Million in 2014 in the Penelec Service Area to Help Enhance Electric System
    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 will intend 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 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 in the Competitive Energy Services segment the accomplishment of our regulatory and operational goals in connection with our transmission plan and pending distribution rate cases and the effectiveness of our repositioning strategy the impact of the regulatory process on pending matters in the various states in which we do business including but not limited to matters related to rates and pending rate cases 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 the PJM markets and also 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 NERC s mandatory reliability standards the uncertainties of various cost recovery and cost allocation issues resulting from American Transmission Systems Incorporated s realignment into PJM Interconnection L L C 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 regulatory outcomes associated with storm restoration costs including but not limited to Hurricane Sandy Hurricane Irene and the October snowstorm of 2011 changing energy capacity and commodity market prices including but not limited to coal natural gas and oil and their availability and impact on 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 possible greenhouse gases emission water discharge and coal combustion residuals regulations the potential impacts of Cross State Air Pollution Rule and the effects of the United States Environmental Protection Agency s Mercury and Air Toxics Standards rules including our estimated costs of compliance the uncertainty of the timing and amounts of

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-invested--207-million-in-2014-in-the-penelec-service.html (2016-02-13)
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  • FirstEnergy Invested $181 Million in 2014 in the West Penn Power Service Area to Help Enhance Electric System
    Twitter W Penn Power and on Facebook at www facebook com WestPennPower 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 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 will intend 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 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 in the Competitive Energy Services segment the accomplishment of our regulatory and operational goals in connection with our transmission plan and pending distribution rate cases and the effectiveness of our repositioning strategy the impact of the regulatory process on pending matters in the various states in which we do business including but not limited to matters related to rates and pending rate cases 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 the PJM markets and also 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 NERC s mandatory reliability standards the uncertainties of various cost recovery and cost allocation issues resulting from American Transmission Systems Incorporated s realignment into PJM Interconnection L L C 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 regulatory outcomes associated with storm restoration costs including but not limited to Hurricane Sandy Hurricane Irene and the October snowstorm of 2011 changing energy capacity and commodity market prices including but not limited to coal natural gas and oil and their availability and impact on 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

    Original URL path: https://www.firstenergycorp.com/newsroom/news_releases/firstenergy-invested--181-million-in-2014-in-the-west-penn-power.html (2016-02-13)
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