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FirstEnergy Faces Rising Political Risk as PJM Capacity Auctions Threaten Higher Customer Bills and Grid Investment Recovery
FirstEnergy Corp (FE) has disclosed a new risk, in the Regulation category.
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FirstEnergy Corp faces mounting risk that PJM’s elevated, price‑collared capacity auction results and potential “backstop” auctions will drive higher retail bills, fueling customer and political resistance. Such resistance could spur regulators to constrain or delay recovery of needed grid investments, limiting the company’s ability to earn a fair return and execute its long‑term strategy.
The average FE stock price target is $49.00, implying 0.12% upside potential.
To learn more about FirstEnergy Corp’s risk factors, click here.
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