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Stock impact report

Public input hearings scheduled for FirstEnergy rate increases [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
FirstEnergy operates Met-Ed, Penelec, Penn Power, and West Penn Power. PREVIOUS COVERAGE PUC suspends, will investigate FirstEnergy rate increases The Ohio-based company is seeking approval for a $503 Million rate increase across their Pennsylvania systems, through which they serve 2.1 Million customers in 56 counties. Fourteen in-person public hearings are scheduled statewide as the commission. Four telephone hearings are also scheduled. Pre-registration to testify is requested. FirstEnergy's increases, the PUC says, would raise the average residential customer's bill by between 9.2% and 11.8% depending on the system, with Met-Ed having the lowest increase and West Penn having the highest. A final decision on the rate increase is due by Jan. 1, 2025. The in-person hearings will be held as follows: June 25, East Stroudsburg, Monroe County VFW Post #2540, 546 Fawn Road Hearing #1 at 1 p.m. Hearing #2 at 6 p.m. June 26, Reading, Berks County Reading Public Mu Show less Read more
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