Jersey Central Power & Light Co., founded in 1924 and headquartered in Morristown, New Jersey, is a regional electric utility dedicated to providing reliable and affordable energy services to approximately 1.1 million customers across its service area. The company offers a range of services including energy generation, distribution, and customer support, contributing to the region's economic development and quality of life.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Jersey Central Power & Light Co. has a notable history of bond issuances, having first entered the market in the mid-20th century. Key issuances include an extensive series of revenue bonds that were instrumental in funding infrastructure improvements and renewable energy projects, reflecting the company’s commitment to sustainable growth. Current yields on its bonds are competitive within the industry, with recent issuances featuring a mix of fixed and variable rates, providing investors with diverse options amid a shifting energy landscape. The company’s proactive approach to bond management aims to navigate market fluctuations and regulatory changes effectively.