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FirstEnergy Unit JCP&L Files for Proposed $253 Million Base Rate Increase
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FirstEnergy Unit JCP&L Files for Proposed $253 Million Base Rate Increase
Aug 7, 2026 12:55 PM

03:34 PM EDT, 08/07/2026 (MT Newswires) -- FirstEnergy ( FE ) said Friday its unit Jersey Central Power & Light filed a rate proposal with the New Jersey Board of Public Utilities seeking a $253 million increase in base distribution rates, which would raise bills by about 7% when proposed offsets expire in 2028.

The filing also seeks recovery of $476 million in previously deferred storm costs through a separate charge effective January 2028, spread over 10 years, the company said.

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