secwatch.observer — SEC 8-K summary
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Issuer:     FIRSTENERGY CORP (FE)
CIK:        0001031296
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001031296-25-000089
Event type: regulatory
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PUCO approves $4.4B rate base, 9.63% ROE for FirstEnergy Ohio utilities
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- PUCO order sets distribution rate base at $4.4B, ROE 9.63%, and net revenue adjustment of $34M for Ohio companies.
- Order allows recovery of $245M storm restoration costs over 5 years and $92M deferred O&M over 10 years.
- Capital structure set at 48.8% debt / 51.2% equity.
- Company expects to file a three-year rate plan in Ohio following the order.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031296/000103129625000089/0001031296-25-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031296/000103129625000089/fe-20251120.htm
  HTML page:      https://secwatch.observer/filing/0001031296-25-000089

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