...Jersey Central Power & Light Company's (JCP&L) ratings and Stable Outlook reflect the utility's low-risk business profile, solid credit metrics, and a credit-positive final New Jersey Board of Public Utilities (BPU) decision approving JCP&L's settlement in its most recent base rate case. Fitch Ratings believes that the regulatory environments for JCP&L in New Jersey and at the Federal Energy Regulatory Commission (FERC) are credit-supportive. The ratings also reflect predictable earnings and cash flows, along with solid projected 2027 and 2028 funds from operations (FFO) leverage of about 4.7x and 3.8x, respectively....
