FirstEnergy: JCP&L Rate Settlement to Support Continued Investments to Enhance Service Reliability for Customers
October 29, 2020
October 29, 2020
MORRISTOWN, New Jersey, Oct. 29 -- FirstEnergy issued the following news release:
Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval of a settlement in its base rate case from the New Jersey Board of Public Utilities (BPU) that will help build on service reliability enhancements made by the utility in recent years and allow the company to recover costs incurred to restore power to customers following severe storms.
Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval of a settlement in its base rate case from the New Jersey Board of Public Utilities (BPU) that will help build on service reliability enhancements made by the utility in recent years and allow the company to recover costs incurred to restore power to customers following severe storms.