Potomac Edison

FirstEnergy Foundation Awards $125,000 to Mid-Atlantic Shelters

Image
FirstEnergy Foundation Awards $125,000 to Mid-Atlantic Shelters

FAIRMONT, W.Va. – October 28, 2026 -- The FirstEnergy Foundation is awarding $125,000 to seven West Virginia and Maryland organizations providing emergency shelter, housing assistance and support services, part of a housing initiative that grew from $100,000 to $500,000 in 2026 and now reaches 38 organizations across five states.

Recipients serve communities in the territories of Mon Power in West Virginia and Potomac Edison in Maryland and West Virginia, both FirstEnergy Corp. (NYSE: FE) electric companies. The Shelter, Safety and Stability initiative covers homelessness, domestic violence and related housing challenges.

Homelessness rises in both states

West Virginia counted nearly 1,925 people experiencing homelessness in January 2025, up 8.2% from the previous year. The number of homeless families with children rose 27%.

Potomac Edison Seeks $52.8M Maryland Rate Hike for Grid Upgrades

Image
Potomac Edison Seeks $52.8M Maryland Rate Hike for Grid Upgrades

Williamsport, Md. – September 09, 2026 -- Potomac Edison, a FirstEnergy Corp. (NYSE: FE) subsidiary, has filed a $52.8 million rate adjustment proposal with the Maryland Public Service Commission that would raise the average residential customer's monthly bill by approximately 5.3%.

Even after the increase, Potomac Edison's residential rates would remain the lowest among Maryland's investor-owned electric utilities. As of June 1, the utility's rates stood 25% below the average of its in-state peers.