XML 56 R42.htm IDEA: XBRL DOCUMENT
v3.24.0.1

REGULATORY MATTERS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Regulated Operations [Abstract] |
Schedule of Distribution Rate Orders | The following table summarizes the key terms of base distribution rate orders in effect for the Utilities as of December 31, 2023:
Company |  | Rates Effective For Customers |  | Allowed Debt/Equity |  | Allowed ROE
CEI |  | May 2009 |  | 51% /49% |  | 10.5%
ME(1) |  | January 2017 |  | 48.8% / 51.2% |  | Settled(2)
MP |  | February 2015 |  | 54% / 46% |  | Settled(2)
JCP&L |  | November 2021 |  | 48.6% / 51.4% |  | 9.6%
OE |  | January 2009 |  | 51% /49% |  | 10.5%
PE (West Virginia) |  | February 2015 |  | 51% / 49% |  | Settled(2)
PE (Maryland) |  | October 2023 |  | 47% / 53% |  | 9.5%
PN(1) |  | January 2017 |  | 47.4% /52.6% |  | Settled(2)
Penn(1) |  | January 2017 |  | 49.9% / 50.1% |  | Settled(2)
TE |  | January 2009 |  | 51% / 49% |  | 10.5%
WP(1) |  | January 2017 |  | 49.7% / 50.3% |  | Settled(2)
(1) Reflects filed debt/equity as final settlement/orders do not specifically include capital structure. Additionally, on January 1, 2024, FirstEnergy consolidated the Pennsylvania Companies into FE PA, making it a new, single operating entity, and will operate under the rate districts of the former Pennsylvania Companies. (2) Commission-approved settlement agreements did not disclose ROE rates. The following table summarizes the key terms of rate orders in effect for transmission customer billings for FirstEnergy's transmission owner entities as of December 31, 2023:
Company |  | Rates Effective |  | Capital Structure |  | Allowed ROE
ATSI |  | January 2015 |  | Actual (13-month average) |  | 10.38%
JCP&L |  | January 2020 |  | Actual (13-month average) |  | 10.20%
MP |  | January 2021 |  | Lower of Actual (13-month average) or 56% |  | 10.45%
PE |  | January 2021 |  | Lower of Actual (13-month average) or 56% |  | 10.45%
WP(1) |  | January 2021 |  | Lower of Actual (13-month average) or 56% |  | 10.45%
MAIT |  | July 2017 |  | Lower of Actual (13-month average) or 60% |  | 10.3%
TrAIL |  | July 2008 |  | Actual (year-end) |  | 12.7%(2) / 11.7%(3)
(1) On January 1, 2024, WP transferred certain of its Pennsylvania-based transmission assets to KATCo (2) TrAIL the Line and Black Oak Static Var Compensator (3) All other projects

X
- Definition Tabular disclosure of regulation for public utility entities, including, but not limited to, rate requests, decommissioning costs and the amount of allowance for earnings on equity capitalized for rate making purposes. + References No definition available. + Details
Name: | us-gaap_PublicUtilitiesGeneralDisclosuresTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RegulatedOperationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration