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September 02, 2015 7:29 AM ET

Electric Utilities

Company Overview of Jersey Central Power & Light Company

Company Overview

Jersey Central Power & Light Company provides regulated electric transmission and distribution services in New Jersey. It serves residential, commercial, and industrial customers in northern, western, and east central New Jersey. The company was founded in 1925 and is based in Akron, Ohio. Jersey Central Power & Light Company is a subsidiary of FirstEnergy Corp.

76 South Main Street

Akron, OH 44308

United States

Founded in 1925

Phone:

800-736-3402

Fax:

330-384-3866

Key Executives for Jersey Central Power & Light Company

President
Age: 51
Principal Financial Officer, Principal Accounting Officer and Controller
Age: 57
Chief Executive Officer of Firstenergy Corp and President of Firstenergy Corp
Age: 63
Senior Vice President, Director and President of Firstenergy Utilities
Age: 59
Vice President of External Affairs
Compensation as of Fiscal Year 2015.

Jersey Central Power & Light Company Key Developments

Jersey Central Power & Light Completes $10 Million Substation Expansion to Enhance Service Reliability in Hunterdon and Mercer Counties

Jersey Central Power & Light has completed a $10 million substation expansion project in West Amwell Township, adding resiliency to the electric system and enhancing reliability for customers in the surrounding area. Benefiting 75,000 customers in Hunterdon County and the Hopewell Township area of Mercer County, the expanded substation includes: a 120-ton transformer to convert voltage levels; four new circuit breakers to protect vital equipment; and technology to prevent widespread outages. Crews also installed a new half-mile section of 230-kilovolt transmission line with five monopoles. The work is part of JCP&L's previously-announced plans to spend about $267 million in 2015 to enhance and maintain a strong electrical system and help meet future growth in its 13-county service area.

Jersey Central Power & Light Company Expands Substation in Wharton, New Jersey

Jersey Central Power & Light has announced that it is expanding a substation in Wharton, New Jersey, to accommodate new voltage-regulating equipment. The $36 million project includes the installation of specialized voltage-regulating equipment that responds to real-time electrical conditions, boosting or reducing voltage as needed to maintain consistent levels. This includes new capacitor banks, circuit breakers, transformers, communications equipment and a control building that will be installed at the substation as part of the project. The work is expected to be completed by September and will benefit more than 150,000 JCP&L customers in Hunterdon, Mercer, Monmouth, Morris, Ocean, Somerset, Sussex and Warren counties.

Jersey Central Power & Light to Expand Substation in Wharton, N.J

Jersey Central Power & Light Company is expanding a substation in Wharton, N.J., to accommodate new voltage-regulating equipment designed to help reinforce the electric system and enhance service reliability for customers. The $36 million project includes the installation of specialized voltage-regulating equipment that responds to real-time electrical conditions, boosting or reducing voltage as needed to maintain consistent levels. This includes new capacitor banks, circuit breakers, transformers, communications equipment and a control building that will be installed at the substation as part of the project. The work is expected to be completed by September and will benefit more than 150,000 JCP&L customers in Hunterdon, Mercer, Monmouth, Morris, Ocean, Somerset, Sussex and Warren counties.

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