v3.25.1
REVENUE (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following represents a disaggregation of FirstEnergy’s revenue from contracts with customers for the three months ended March 31, 2025 and 2024:
Three Months Ended March 31
20252024
(In millions)
 Distribution
Retail generation and distribution services:
Residential $1,309 $1,184 
Commercial 415 374 
Industrial 152 146 
Other 19 20 
Wholesale 1 1 
Other revenue from contracts with customers17 21
Total revenues from contracts with customers1,913 1,746 
Other revenue unrelated to contracts with customers23 21
Total Distribution$1,936 $1,767 
Integrated
Retail generation and distribution services:
Residential$708 $574 
Commercial318 252 
Industrial151 138 
Other9 7 
Wholesale47 30 
Transmission 100 81
Other revenue from contracts with customers1 5 
Total revenues from contracts with customers1,334 1,087 
Other revenue unrelated to contracts with customers15 8
Total Integrated $1,349 $1,095 
Stand-Alone Transmission
ATSI $262 $243 
TrAIL 70 67 
MAIT 131 104 
KATCo23 20 
Total revenues from contracts with customers486 434 
Other revenue unrelated to contracts with customers5 4 
Total Stand-Alone Transmission $491 $438 
Corporate/Other, Eliminations and Reconciling Adjustments (1)
Wholesale$4 $3 
Eliminations and reconciling adjustments (15)(16)
Total Corporate/Other, Eliminations and Reconciling Adjustments$(11)$(13)
FirstEnergy Total Revenues $3,765 $3,287 
(1) Includes eliminations and reconciling adjustments of inter-segment revenues.
The following table represents a disaggregation of JCP&L’s revenue from contracts with customers for the three months ended March 31, 2025 and 2024:
Three Months Ended March 31
20252024
(In millions)
 Distribution
Retail generation and distribution services:
Residential $343 $286 
Commercial 175 137 
Industrial 20 17 
Street lighting
5 4 
Wholesale 1 2 
Other revenue from contracts with customers3 5 
Total revenues from contracts with customers547 451 
Other revenue unrelated to contracts with customers1 1 
Total Distribution Segment Revenue $548 $452 
Transmission
Total Transmission Segment Revenue $61 $52 
 Reconciling Adjustments(1)
Retail generation and distribution services$(43)$(38)
JCP&L Total Revenues $566 $466 
(1) Includes eliminations and reconciling adjustments of inter-segment revenues.
Schedule of Receivables from Customers Billed and unbilled customer receivables as of March 31, 2025, and December 31, 2024, are included below:
Customer Receivables - FirstEnergy March 31, 2025December 31, 2024
 (In millions)
Billed$1,024 $867 
Unbilled600 718 
1,624 1,585 
Less: Uncollectible Reserve 50 55 
Total FirstEnergy Customer Receivables $1,574 $1,530 

Customer Receivables - JCP&L March 31, 2025December 31, 2024
 (In millions)
Billed$163 $166 
Unbilled99 118 
262 284 
Less: Uncollectible Reserve 5 6 
Total JCP&L Customer Receivables $257 $278 
Schedule of Activity in the Allowance for Uncollectible Accounts on Customer Receivables
Activity in the allowance for uncollectible accounts on customer receivables for the three months ended March 31, 2025, and for the year ended December 31, 2024 are as follows:
FirstEnergy JCP&L
(In millions)
Balance, January 1, 2024
$64 $9 
Provision for expected credit losses(1)(2)
73 5 
Charged to other accounts(3)
39 4 
Write-offs(121)(12)
Balance, December 31, 2024
$55 $6 
Provision for expected credit losses(1)(2)
24 1 
Charged to other accounts(3)
9 1 
Write-offs(38)(3)
Balance, March 31, 2025
$50 $5 
(1) Approximately $6 million and $17 million of which was deferred for future recovery for FirstEnergy in the three months ended March 31, 2025, and the year ended December 31, 2024, respectively.
(2) Approximately $1 million and $5 million of which was deferred for future recovery for JCP&L in the three months ended March 31, 2025, and the year ended December 31, 2024, respectively.
(3) Represents recoveries and reinstatements of accounts written off for uncollectible accounts.