Jersey Central Power and Light Newswire (Page 11)

Jersey Central Power and Light Newswire (Page 11)

Comprehensive Real-Time News Feed for Jersey Central Power and Light. (Page 11)

Results 201 - 220 of 2,920 in Jersey Central Power and Light

  1. FirstEnergy to deactivate Pleasants Power Station in West VirginiaRead the original story w/Photo

    Feb 16, 2018 | Seeking Alpha

    FirstEnergy says it plans to deactivate the coal-fired Pleasants Power Station in West Virginia and will sell or close the 1,300 MW plant on Jan. 1. The decision comes after the Federal Energy Regulatory Commission last month rejected a plan by FE subsidiary Mon Power to buy the plant, which the company says would have resolved a projected 10-year energy capacity shortfall and lowered electric bills for customers.

    Comment?

  2. No big FirstEnergy rate cut until 2024 says company, despite federal tax cutRead the original story w/Photo

    Feb 16, 2018 | Cleveland.com

    FirstEnergy has made it clear in its latest filing with the state that it does not intend to go along with an immediate cut in its delivery rates to reflect the extraordinary federal tax cut it now enjoys. And the Public Utilities Commission of Ohio cannot, by law, order the utility to immediately reduce rates, FirstEnergy argues, because the company's latest PUCO-approved rate plan freezes the company's primary, or "base," rates at current levels through May 31, 2024.

    Comment?

  3. NJ: Customers will see lower electric billsRead the original story w/Photo

    Feb 8, 2018 | Courier News

    It sets the wholesale electricity prices that the state's electric utilities will pay and pass through to all New Jersey residential customers who have not chosen a third-party electric supplier. It does not increase or decrease a utility's profits.

    Comment?

  4. FirstEnergy ending bid on Pleasants Power StationRead the original story w/Photo

    Feb 7, 2018 | West Virginia Metro

    FirstEnergy Corp. is ending it's bid to transfer ownership of the Pleasants Power Plant from Allegheny Energy Supply Co. to Monongahela Power Company and Potomac Edison.

    Comment?

  5. Alps Advisors Inc. Raises Stake in FirstEnergy Corp.Read the original story w/Photo

    Feb 7, 2018 | IntersportsWire

    Alps Advisors Inc. lifted its stake in shares of FirstEnergy Corp. by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,466,812 shares of the utilities provider's stock after acquiring an additional 54,272 shares during the quarter.

    Comment?

  6. Company: Pleasants Power Station deal offRead the original story w/Photo

    Feb 6, 2018 | NewsandSentinel.com

    A decision not to proceed with the sale of the Pleasants Power Station was a win for consumers, the head of an opposing coalition said on Tuesday. FirstEnergy companies on Monday informed the West Virginia Public Service Commission they will neither accept the commission's conditions for the purchase of the Pleasants Power Station nor seek a rehearing with the Federal Energy Regulatory Commission that rejected the deal on Jan. 12. Allegheny Energy Supply Co.

    Comment?

  7. Mon Power, Potomac Edison back out of Pleasants Power dealRead the original story w/Photo

    Feb 6, 2018 | The Republican

    Pleasants Area Chamber of Commerce Executive Director Jody Murphy said he doesn't expect the plant to close and pledged to do "everything needed" to assist FirstEnergy in plant operations or the attempted sale of the plant. FirstEnergy said it could not accept the stringent conditions West Virginia Public Service Commission had demanded if the sale of the Pleasants plant to Mon Power and Potomac Edison moved forward.

    Comment?

  8. Supreme Court erred in FirstEnergy refund case: Consumers' CounselRead the original story w/Photo

    Feb 6, 2018 | The Plain Dealer

    The Ohio Consumers' Counsel and the Chicago-based Environmental Law and Policy Center have asked the Ohio Supreme Court to reconsider its Jan. 24 opinion that FirstEnergy does not have to refund customers more than $43 million as the Public Utilities Commission ordered in 2013 for overpriced renewable energy credits. The harm to consumers "will extend well beyond this case," by crippling the PUCO, the Consumers' Counsel and Policy Center argue.

    Comment?

  9. As Firstenergy (FE) Share Price Declined, Shareholder Cornercap...Read the original story

    Feb 6, 2018 | Hill Country Times

    As Firstenergy Share Price Declined, Shareholder Cornercap Investment Counsel Cut Position; As Schlumberger LTD Share Price Declined, Shareholder Intact Investment Management Has Lowered Position Cornercap Investment Counsel Inc decreased its stake in Firstenergy Corp by 5.12% based on its latest 2017Q3 regulatory filing with the SEC. Cornercap Investment Counsel Inc sold 10,535 shares as the company's stock declined 8.93% while stock markets rallied.

    Comment?

  10. B-C-S schools: Board preparing May ballot issueRead the original story

    Feb 5, 2018 | Press

    The board of the Benton-Carroll-Salem School District will soon be deciding what type of levy to place on the May ballot, Guy Parmigian, district superintendent, says in his state of the district report. Although the reduction in valuation of the Davis-Besse Nuclear Power Plant will result in the Benton-Carroll-Salem School District losing about $4.6 million annually in property taxes, there will be no cuts in staffing or student programs other than through attrition heading into the 2018-19 school year, he writes.

    Comment?

  11. FirstEnergy Corp. (FE) Analysts See $0.66 EPS; First Defiance Financial (FDEF)'s Sentiment Is 1.35Read the original story w/Photo

    Feb 4, 2018 | Hill Country Times

    Analysts expect FirstEnergy Corp. to report $0.66 EPS on February, 20.They anticipate $0.28 EPS change or 73.68% from last quarter's $0.38 EPS. FE's profit would be $293.60 million giving it 12.16 P/E if the $0.66 EPS is correct.

    Comment?

  12. Strs Ohio Increases Holdings in FirstEnergy Corp.Read the original story w/Photo

    Feb 4, 2018 | IntersportsWire

    Strs Ohio grew its position in FirstEnergy Corp. by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,821 shares of the utilities provider's stock after acquiring an additional 1,746 shares during the quarter.

    Comment?

  13. To the editor: Davis-Besse is a curse on future generations.Read the original story w/Photo

    Feb 4, 2018 | Toledo Blade

    The Davis-Besse atomic reactor's closure would not be premature. It is long overdue .

    Comment?

  14. Talk of power plant closure has officials on watchRead the original story w/Photo

    Feb 3, 2018 | The Review

    All of the talk about the Beaver Valley nuclear power plant possibly closing has Columbiana County officials paying close attention to what may happen. That's because FirstEnergy Corp., which operates Beaver Valley, provides two-thirds of the funding for operation of the county Emergency Management Agency.

    Comment?

  15. Repairs OK'd for township truckRead the original story w/Photo

    Feb 3, 2018 | The Review

    Approved was a quote from Steinbinder's for an estimated $4,132 for installation of a new transmission for the road department's 1999 Ford F-450 truck. During his report, road supervisor Chris Bosworth advised the board that, at the time the meeting was taking place, all township's trucks were in for service with the exception of the Ford F-450, which Bosworth stated needed a new transmission and could not be used at the present time.

    Comment?

  16. FirstEnergy Corp. (FE) Receives Consensus Recommendation of "Buy" from BrokeragesRead the original story w/Photo

    Feb 3, 2018 | AmericanBankingNews.com

    Shares of FirstEnergy Corp. have been given an average rating of "Buy" by the nineteen analysts that are covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company.

    Comment?

  17. Heartland Advisors Has Increased Its Firstenergy (FE) Holding;...Read the original story

    Feb 3, 2018 | Hill Country Times

    Heartland Advisors Has Increased Its Firstenergy Holding; Lafitte Capital Management LP Has Upped By $11.70 Million Its Hi Stake Lafitte Capital Management Lp increased Hi stake by 108.33% reported in 2017Q3 SEC filing. Lafitte Capital Management Lp acquired 1.30M shares as Hi 's stock declined 29.11%.

    Comment?

  18. FirstEnergy (FE) Stock Rating Reaffirmed by MizuhoRead the original story w/Photo

    Feb 2, 2018 | IntersportsWire

    Mizuho currently has a $32.00 price objective on the utilities provider's stock. Several other research firms have also recently weighed in on FE.

    Comment?

  19. Close the no-refund loopholeRead the original story w/Photo

    Feb 2, 2018 | Toledo Blade

    In the recent Ohio Supreme Court ruling that reverses a mandatory consumer refund by the power company FirstEnergy Corp., Justice William O'Neill wrote that even though it may be unfair to rate-payers or result in an unfair windfall for the company, state law gave the court no choice. The state's Public Utility Commission cannot order such refunds.

    Comment?

  20. PUCO accepts results of FirstEnergy auctionRead the original story

    Jan 30, 2018 | PUCO Media Release Rss Feed

    COLUMBUS, OHIO The Public Utilities Commission of Ohio today accepted the results of FirstEnergy's wholesale auction that will ultimately determine its standard service offer through May 2021. The auction, held on Jan. 29, 2018 secured both two and three-year products to supply electricity to FirstEnergy's Ohio utility customers.

    Comment?