Grid Modernization

JCP&L’s $95 million reliability project is yielding significant results, with over 80% fewer outages for 16,500 customers in Morris and Monmouth counties due to grid upgrades. The initiative focuses on strengthening infrastructure, undergrounding utilities, and implementing smart grid technology. Future phases will enhance reliability for thousands more customers across Hunterdon, Ocean, and Warren counties. This project is part of FirstEnergy’s broader $28 billion “Energize365” investment to modernize its electric grid.

PG&E Corp. announced a regular cash dividend of $0.05 per share for Q4 2025, payable Jan 15 2026 to shareholders of record Dec 31 2025. Its utility subsidiary set quarterly preferred‑stock payouts for eight series, ranging from $0.27 to $0.37 per share, payable Feb 15 2026. The modest dividend reflects ongoing balance‑sheet recovery after wildfire liabilities, while PG&E invests $8 billion in grid modernization and wildfire‑hardening, seeks regulatory approval for its capital plan, and aims to restore investor confidence and potentially raise future dividends.

Florida Power & Light (FPL), a NextEra Energy subsidiary, won the 2025 ReliabilityOne® National Reliability Award and inaugural Reliability Value Award from PA Consulting. This recognizes FPL’s top-tier reliability serving over 6 million customers and its cost-effective grid modernization investments. FPL consistently ranks among the nation’s most reliable utilities, with improved grid reliability from focused investments including hardening power lines, undergrounding projects, and deploying smart grid technology, preventing millions of outages. These efforts ensure reliable power for Florida and enable rapid storm recovery.

NorthWestern Energy (N/A) will host an investor webinar on July 31, 2025, at 3:30 p.m. ET to discuss Q2 2025 financial results. The detailed earnings release for the quarter ending June 30th will publish after market close on July 30th. Registration for the virtual event is available through the company’s investor portal, with a replay offered afterward. Serving approximately 787,000 customers across Montana, South Dakota, Nebraska and Yellowstone National Park, NWE focuses on reliable, scalable energy infrastructure.