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The project expands FE's regulated asset base with multiyear construction and in-service timelines, potentially lifting earnings visibility; however, outcomes hinge on multi-state regulatory approvals and rate-case recoveries.
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FirstEnergy's Potomac Edison seeks a Virginia CPCN to move forward with the Gore-Doubs-Goose Creek improvements, strengthening the grid across VA, WV, and MD. The project rebuilds about 29 miles of 138 kV lines and adds two new 138 kV runs mostly on existing routes to minimize community impact. Approvals are staged across states, with in-service targeted for 2030 in Virginia.
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