FirstEnergy ( $FE) and $PPL: Comparing Growth Prospects Amid Rising Center Demand FirstEnergy (FE) and PPL (PPL) are both regulated electric utilities benefiting from surging data center electricity demand, but they differ in geographic focus, capital scale, a

FirstEnergy ( $FE) and $PPL: Comparing Growth Prospects Amid Rising Center Demand FirstEnergy (FE) and PPL (PPL) are both regulated electric utilities benefiting from surging data center electricity demand, but they differ in geographic focus, capital scale, and growth drivers. FE operates across six Mid-Atlantic and Midwest states with a larger $36 billion capital plan (2026–2030), while PPL concentrates on Pennsylvania, Kentucky, and Rhode Island with a $23 billion plan (2026–2029). Both companies target 6–8% annual EPS (earnings per share) growth, positioning them as faster-growing names within a traditionally slow-growth utility sector.