FirstEnergy delivered 2025 GAAP earnings of $1.02 billion, or $1.77 per basic share, and non-GAAP Core Earnings of $2.55 per share, reaching the top of its guidance range. The company affirmed 2026 Core EPS between $2.62 and $2.82, implying 9% growth over the original 2025 midpoint. Fourth-quarter Ohio regulatory orders and new Pennsylvania base rates influenced results. An increased quarterly dividend was approved, reflecting management confidence.

FirstEnergy outlined a $36 billion capital investment plan for 2026–2030, a nearly 30% increase from its prior five-year program. The plan allocates over $19 billion to transmission upgrades and $6 billion in 2026 for distribution renewal, grid modernization and resiliency. These investments support a projected 10% compounded annual rate base growth through 2030 and core EPS compound growth near the top end of 6–8%.

Mon Power and Potomac Edison selected a 35-acre site adjacent to the Fort Martin Power Station in Maidsville, West Virginia, for a proposed 1,200 MW natural gas plant. The project requires regulatory approval expected next year, with construction slated to begin in 2027. Commercial operations are targeted for late 2031, addressing rising electricity demand and leveraging existing infrastructure.