JCP&L Upgrading Morristown Substation to Reduce Power Outages [Yahoo! Finance]
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FirstEnergy Corp. (FE)
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Source: Yahoo! Finance
July 2, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L) is upgrading a transmission substation in Morristown to help prevent or minimize the impact of power outages caused by flooding, particularly during hurricane season. The $78 million project will raise equipment within the facility to keep it above floodwaters, enhancing service reliability for 23,000 JCP&L customers in northern New Jersey . The Whippany River, which runs along the northeastern border of the property, has become more flood prone in recent years. Doug Mokoid , FirstEnergy's President, New Jersey "This project is a major undertaking that will help ensure that our customers continue to receive the safe, reliable service they expect from us even as our state sees increasing impacts from Mother Nature. We appreciate the support we've received from local officials as we work to make these vital upgrades to a historic facility." The site, originally purchased in 19
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News
- JCP&L Upgrading Morristown Substation to Reduce Power OutagesPR Newswire
- Penelec Storm Drill Focuses on Efficient Power Restoration to Customers Following Severe Weather [Yahoo! Finance]Yahoo! Finance
- Penelec Storm Drill Focuses on Efficient Power Restoration to Customers Following Severe WeatherPR Newswire
- FirstEnergy to Webcast Second Quarter Earnings TeleconferencePR Newswire
- New Jersey father-to-be killed by falling tree during storm in East Orange [CBS News]CBS News
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- 4/25/24 - Beat
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- 7/3/24 - Form 4
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- 7/3/24 - Form 4
- FE's page on the SEC website