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New Illuminating Company Power Line to Improve Reliability for Avon Lake Customers

1. FirstEnergy is enhancing service reliability through a new power line in Lorain County. 2. This project targets improved customer experience during severe weather events.

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FAQ

Why Bullish?

Infrastructure improvements typically lead to better service and customer satisfaction, potentially boosting FE stock.

How important is it?

Investments in infrastructure are crucial for long-term growth and customer retention in utility services.

Why Short Term?

The project's immediate benefits will likely reflect in near-term customer feedback and performance metrics.

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FE
AKRON, Ohio , Jan. 29, 2025 /PRNewswire/ -- The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is constructing a new neighborhood power line that will help enhance electric service reliability for hundreds of customers in Lorain County, particularly during severe weather. A video of FirstEnergy personnel explaining and performing this electrical work can be found on FirstEnergy's YouTube channel.

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