FE · 10-Q · 2026Q1 · Full report

Regulation of Waste Disposal

FIRSTENERGY CORP · 2026-04-28 · Importance 52 · Surprise 42

FirstEnergy is subject to federal and state CCR and hazardous waste rules; AE Supply transferred the McElroy’s Run CCR impoundment and related remediation obligations on March 4, 2025 to a subsidiary of IDA Power, LLC under an environmental liability transfer agreement. Pursuant to the agreement AE Supply established a $160 million escrow funded over five years and secured by a surety bond guaranteed by FE; as of March 31, 2026 AE Supply has made cumulative cash payments of $46 million to the escrow. The EPA’s legacy CCR rule and ongoing litigation/reconsideration could increase remediation obligations or require removal, and FirstEnergy is assessing additional site applicability and potential impacts.