Discontinued — last reported Q4 '25

Business Segments · CWIP

Stand-Alone Transmission — CWIP

FirstEnergy Stand-Alone Transmission — CWIP increased by 35.2% to $1.33B in Q4 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ4 2025
Rolls up toConstruction work in progress

How to read this metric

An increase suggests a robust pipeline of future capital investment and grid modernization efforts.

Detailed definition

Represents the costs incurred for transmission infrastructure projects that are currently in the construction phase and...

Peer comparison

Standard utility metric; peers report this as 'Construction Work in Progress' (CWIP) on the balance sheet.

Metric ID: fe_segment_stand_alone_transmission_cwip

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '25
Value$828.00M$986.00M$1.33B
QoQ Change—+19.1%+35.2%
YoY Change—+19.1%+35.2%
Range$828.00M – $1.33B
Avg YoY Growth+27.1%
Median YoY Growth+27.1%
Current Streak2+ quarters growth

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Frequently Asked Questions

What is FirstEnergy's stand-alone transmission — cwip?
FirstEnergy (FE) reported stand-alone transmission — cwip of $1.33B in Q4 2025.
What does stand-alone transmission — cwip mean?
The total spending on transmission projects that are currently under construction and not yet finished.