FirstEnergy files Three-Year Rate Plan to boost reliability and keep electric bills predictable in Ohio

FirstEnergy's Ohio electric companies have filed a Three-Year Rate Plan with the Public Utilities Commission of Ohio to invest an average of $800 million annually in infrastructure upgrades and improve reliability. The plan includes enhanced tree trimming, new and extended bill assistance programs, and energy-saving initiatives for customers. It aims to keep rate increases gradual, with typical residential bills rising by about 2.2% to 2.8% annually over three years. The PUCO will review the plan and seek public input before approval.