FirstEnergy Gets $50 Million Smart Grid Grant

MT Newswires Live

Nov 15, 2024

FirstEnergy (FE) said Thursday it has secured $50 million in federal funding for projects that will make electric service more reliable for over 53,000 customers in West Virginia and Maryland.

The funding from the US Department of Energy's Grid Deployment Officer will be applied toward system upgrades totaling almost $127 million, FirstEnergy said.

FirstEnergy electric companies Mon Power and Potomac Edison will implement the work, with completion expected in late 2029 across 19 counties, the company said.

The company said the planned upgrades include the installation of new technology and equipment to help cut the number and duration of outages.

Price: 41.12, Change: -0.10, Percent Change: -0.25

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2483381000"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2483381000\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2483381000?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-15 01:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483381000","market":"fut","top_or_hot":-1,"title":"FirstEnergy Gets $50 Million Smart Grid Grant","media":"MT Newswires Live","content":"<html><body><p> FirstEnergy (FE) said Thursday it has secured $50 million in federal funding for projects that will make electric service more reliable for over 53,000 customers in West Virginia and Maryland.</p><p>The funding from the US Department of Energy's Grid Deployment Officer will be applied toward system upgrades totaling almost $127 million, FirstEnergy said.</p><p>FirstEnergy electric companies Mon Power and Potomac Edison will implement the work, with completion expected in late 2029 across 19 counties, the company said.</p><p>The company said the planned upgrades include the installation of new technology and equipment to help cut the number and duration of outages.</p><p>Price: 41.12, Change: -0.10, Percent Change: -0.25</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FirstEnergy Gets $50 Million Smart Grid Grant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirstEnergy Gets $50 Million Smart Grid Grant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-11-15 01:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> FirstEnergy (FE) said Thursday it has secured $50 million in federal funding for projects that will make electric service more reliable for over 53,000 customers in West Virginia and Maryland.</p><p>The funding from the US Department of Energy's Grid Deployment Officer will be applied toward system upgrades totaling almost $127 million, FirstEnergy said.</p><p>FirstEnergy electric companies Mon Power and Potomac Edison will implement the work, with completion expected in late 2029 across 19 counties, the company said.</p><p>The company said the planned upgrades include the installation of new technology and equipment to help cut the number and duration of outages.</p><p>Price: 41.12, Change: -0.10, Percent Change: -0.25</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FE","symbol_name":"第一能源公司","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483381000","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483381000","pubTimestamp":1731604208,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"FirstEnergy  said Thursday it has secured $50 million in federal funding for projects that will make electric service more reliable for over 53,000 customers in West Virginia and Maryland.The funding from the US Department of Energy's Grid Deployment Officer will be applied toward system upgrades totaling almost $127 million, FirstEnergy said.FirstEnergy electric companies Mon Power and Potomac Edison will implement the work, with completion expected in late 2029 across 19 counties, the company said.The company said the planned upgrades include the installation of new technology and equipment to help cut the number and duration of outages.Price: 41.12, Change: -0.10, Percent Change: -0.25","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FE":"第一能源公司","BK4081":"电力公用事业","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"FirstEnergy获得5000万美元智能电网拨款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FE":1},"content_text":"FirstEnergy (FE) said Thursday it has secured $50 million in federal funding for projects that will make electric service more reliable for over 53,000 customers in West Virginia and Maryland.The funding from the US Department of Energy's Grid Deployment Officer will be applied toward system upgrades totaling almost $127 million, FirstEnergy said.FirstEnergy electric companies Mon Power and Potomac Edison will implement the work, with completion expected in late 2029 across 19 counties, the company said.The company said the planned upgrades include the installation of new technology and equipment to help cut the number and duration of outages.Price: 41.12, Change: -0.10, Percent Change: -0.25","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}