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0.000120409391932632 0 0.000722456351595452 0.000828416616496209 -0.00132450331125827 -0.00638169777242609 -0.0092715231788079 -0.00915111378687527
Stock impact report

JCP&L Moving Power Lines Underground in Portions of Somerset County [Yahoo! Finance]

FirstEnergy Corp. (FE) 
Last firstenergy corp. earnings: 4/23 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstenergycorp.com
Company Research Source: Yahoo! Finance
Nov. 13, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is relocating and upgrading power lines in portions of Bernardsville Somerset County , to enhance electric service for customers in Bernardsville and nearby towns. The $1.75 million project is expected to be completed later this month. The project involves moving a section of power line extending from JCP&L's Bernardsville substation that follows the New Jersey Transit railroad tracks. The current location of the line presents accessibility challenges when repairs or maintenance are needed. A tornado that struck the area in June 2023 also caused significant damage, requiring the lines to be temporarily rerouted and increasing the power demand on nearby substations. Doug Mokoid , FirstEnergy's President, New Jersey "Moving power lines underground is not a one-size-fits-all solution, especially due to the higher costs. In situations like this, relocating the lines and b Show less Read more
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