Business
JCP&L Helping Lessen Impacts of Electricity Supply Price Increase During Hot Summer Months
Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval from the New Jersey Board of Public Utilities (BPU) to implement measures that will help ease the impact of rising electricity prices on families.
About this update from Firstenergy Corp.
[{"type":"text","content":"Credits, benefits enhance year-round programs that aid customers","length":64,"tagName":"p","attribs":{}},{"type":"text","content":"HOLMDEL, N.J., June 18, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval from the New Jersey Board of Public Utilities (BPU) to implement measures that will help ease the impact of rising electricity prices on families.","length":305,"tagName":"p"},{"type":"image","alt":"JCP&L has announced it will implement measures to help customers manage their electric bills during the hot summer months.","displaySize":"","headline":null,"caption":"JCP&L has announced it will implement measures to help customers manage their electric bills during the hot summer months.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":221,"url":"https://media.zenfs.com/en/prnewswire.com/7e9941c631743b9ecac5ddfe130cf418"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/XyKb_d9_Ua8DFHtYv1Di4w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7e9941c631743b9ecac5ddfe130cf418","width":400,"height":221}},"href":"https://mma.prnewswire.com/media/2713959/bill_self_service_promo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Doug Mokoid, FirstEnergy's President of New Jersey: "Electricity supply costs, which are nearly 60% of a family's bill in our service territory, have surged this summer. While we don't control supply prices, we are committed to helping customers manage these increases through new and expanded assistance programs."","length":337,"tagName":"p"},{"type":"text","content":"To help offset higher summer costs, JCP&L will apply a $30 deferral credit on all residential bills in July and August. The deferral credit will be recovered through a $10 monthly charge from September through February, when electricity use is lower.","length":254,"tagName":"p"},{"type":"text","content":"The approved measures also include:","length":35,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"A limited suspension of service shut-offs in July, August and September, following the same criteria as the Winter Termination Program, which provides protection for certain vulnerable customers.","length":195,"tagN...