FirstEnergy Utilities Propose Rate Increases in West Virginia

Monongahela Power and Potomac Edison, subsidiaries of FirstEnergy (FE), have proposed two rate increase options to the West Virginia Public Service Commission. The first option includes a $188.4 million hike increasing revenue by 10.6%, while the second is a phased approach totaling $75.5 million over two years with smaller annual increases.

By Ethan Howland Tue, May 19, 2026 at 1:08 PM GMT+3 2 min read · Yahoo Finance · May 19, 2026, 10:08 UTC

Tickers: $FE

Topics: FirstEnergy Monongahela Power Potomac Edison Co. rate increase utilities West Virginia Public Service Commission

Read the full article at Yahoo Finance

More World news

CEZ Reports 9M Revenue Growth and 24% Increase in Net Income Seeking Alpha · November 12, 2026, 15:05 UTC
BlueMatrix Completes Acquisition of AI-Enabled Research Platform Aiera PR Newswire · November 12, 2026, 15:15 UTC
U.S. Lawmakers Respond to Jensen Huang's Resignation as Nvidia CEO Seeking Alpha · November 12, 2026, 15:12 UTC
OpenAI Secures $15 Billion in New Funding at $1.25 Trillion Valuation Seeking Alpha · November 12, 2026, 15:13 UTC
Digi International Shares Fall 18% Following Fiscal Q4 Earnings Release Seeking Alpha · November 12, 2026, 15:13 UTC
Pomerantz Law Firm Investigates Artiva Biotherapeutics Following Program Discontinuation and Fatal Safety Events PR Newswire · November 12, 2026, 15:15 UTC
Major Corporate Earnings Scheduled for Release After Thursday Market Close Seeking Alpha · November 12, 2026, 15:00 UTC
U.S. Existing Home Sales Decline More Than Expected in October Seeking Alpha · November 12, 2026, 15:03 UTC
Ascendis Pharma Reports Strong Q3 2026 Results Driven by Yorvipath Growth Motley Fool · November 12, 2026, 15:09 UTC
Pomerantz Law Firm Investigates Omeros Corporation Following Regulatory Setbacks PR Newswire · November 12, 2026, 15:10 UTC