Today: 29 June 2026
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NYSE:FE 1 October 2025 - 5 June 2026

Pennsylvania Sees Electric Bill Spike as AI Data Center Debate Heats Up

Pennsylvania Sees Electric Bill Spike as AI Data Center Debate Heats Up

Pennsylvania House Republicans propose forcing large data centers to secure their own power and pay grid costs after electricity prices jumped statewide June 1, with PECO’s default supply price up to 11.759 cents/kWh and capacity prices for PJM soaring from $28.92 to $329.17 per megawatt-day for 2026/27, driven partly by data center demand.
FirstEnergy Ohio Bills Could Rise Up To $5 A Month As May 22 Rate Filing Nears

FirstEnergy Ohio Bills Could Rise Up To $5 A Month As May 22 Rate Filing Nears

FirstEnergy’s Ohio utilities will file a three-year rate plan with state regulators by May 22 that could raise typical residential bills by $4.26 to $5.30 a month each year. The plan follows recent storm-cost changes and earlier refunds. It would be among the first major tests of Ohio’s new forward-looking ratemaking system. The proposal covers The Illuminating Company, Ohio Edison, and Toledo Edison.
24 April 2026
FirstEnergy Ohio Rate Plan Could Add $4-$5 a Month to Bills as May 22 Filing Nears

FirstEnergy Ohio Rate Plan Could Add $4-$5 a Month to Bills as May 22 Filing Nears

FirstEnergy’s Ohio utilities will file a three-year rate plan with state regulators by May 22, seeking to fund $800 million annually in grid upgrades and $83 million for tree trimming. The plan would raise monthly bills for typical 1,000-kWh households by $4.26 to $5.30 if approved. The filing follows recent rate cases by AES Ohio and AEP Ohio under the new House Bill 15 regime.
23 April 2026
FirstEnergy Stock (FE) Today: $250M HB6 Fine, Dividend Yield, Analyst Ratings and 2026 Forecast

FirstEnergy Stock (FE) Today: $250M HB6 Fine, Dividend Yield, Analyst Ratings and 2026 Forecast

FirstEnergy shares closed at $45.14 on December 4, 2025, near a 52-week high after a 19.6% gain this year. Ohio regulators last week ordered the company to pay $250.7 million in penalties and refunds tied to the HB6 bribery scandal, one of the largest utility misconduct penalties in U.S. history. PUCO also approved rate changes, granting only $34 million in annual increases versus the $183 million FirstEnergy requested.
Pennsylvania Electric Bills Spike After December 1 Rate Hikes: How Much PECO, PPL and Other Utilities Now Charge

Pennsylvania Electric Bills Spike After December 1 Rate Hikes: How Much PECO, PPL and Other Utilities Now Charge

Pennsylvania electric supply rates rose 3%–11% for most residential customers on December 1, following approval by the state Public Utility Commission. Duquesne Light’s rate jumped 10.6%, while PECO and PPL saw increases of about 6% and 3.7%. Delivery charges remain unchanged. The hikes coincide with higher wholesale power costs and increased demand.
2 December 2025
FirstEnergy Stock (NYSE: FE) After a 19.6% 2025 Rally: Dividend Day, $250M Ohio Fine and Fresh Analyst Calls Explained

FirstEnergy Stock (NYSE: FE) After a 19.6% 2025 Rally: Dividend Day, $250M Ohio Fine and Fresh Analyst Calls Explained

FirstEnergy paid a quarterly dividend of $0.445 per share on December 1, 2025, marking a 4.7% increase over last year’s rate. Shares are up about 19–20% year-to-date, trading near a 52-week high. Ohio regulators recently ordered the company to pay $250.7 million in refunds and penalties tied to the House Bill 6 bribery case. Analyst views on valuation remain divided.
FirstEnergy’s Executive Payouts Overhauled as Big PA Power Auction Kicks Off

FirstEnergy’s Executive Payouts Overhauled as Big PA Power Auction Kicks Off

FirstEnergy’s board approved new executive severance terms effective Jan. 1, 2026, explicitly including the CEO and shifting most senior roles to fixed salary multiples. The CEO’s change-in-control payout rises to 2.99× base salary plus target bonus, above industry norms. Unvested RSUs will now vest fully on a change in control. Pennsylvania DSP-VI auction applications open Sept. 26, 2025, with the main auction Nov. 12.
1 October 2025

Stock Market Today

  • SpaceX IPO Surge Sparks Shift Away from 'Magnificent 7' Tech Stocks
    June 28, 2026, 11:20 PM EDT. SpaceX's initial public offering (IPO) has triggered a notable rotation in the stock market, with investors selling shares in top tech giants including Amazon, Apple, Meta, Microsoft, and Tesla to buy into SpaceX. Samuel Kerr of Mergermarket highlighted this trend, noting that the 'Magnificent 7'-a term for the largest tech companies Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla-saw selling pressure as SpaceX priced its IPO. On Friday, stocks of Tesla, Microsoft, Apple, and Amazon dipped slightly, while Meta, Alphabet, and Nvidia remained steady. This activity coincides with Elon Musk becoming the world's first trillionaire following the surge in SpaceX shares. The shift underscores changing investor focus towards emerging aerospace ventures.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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