Firstenergy Corp. (FE)

[Daybull]

FE stock price set to rise during season high usage.
Trading near 52 year low @ $38.26.

NEWS:
Jersey Central Power & Light (JCP&L) is ready to respond to power outages caused during the hurricane season, which runs June 1, 2013, through November 30, 2013.

As one of 10 FirstEnergy Corp. (NYSE: FE) utilities, JCP&L is able to utilize FirstEnergy's certified meteorologists' access to National Hurricane Center data to help predict any hurricane or tropical storm's impact on JCP&L's central and northern New Jersey service areas. This information is used to help pre-position outside personnel and resources in New Jersey prior to the weather event occurring.
JCP&L has completed multiple projects throughout its northern and central New Jersey service areas that are expected to enhance customer service reliability. The work included rebuilding transmission lines, upgrading substation equipment, and rebuilding infrastructure and reconnecting service to homes on the barrier islands that were damaged during Hurricane Sandy. With customers expected to use more electricity during the summer months, the company focused on completing major repairs and conducting ongoing maintenance prior to June 1, 2013.

Daybull