DC Government and Pepco, an Exelon Subsidiary, Partnering to Improve DC’s Energy Infrastructure
November 13 2017 - 3:30PM
Business Wire
Public Service Commission of the District of
Columbia Approves Joint Filing by District of Columbia and
Pepco
The Public Service Commission of the District of Columbia has
approved the Government of the District of Columbia and Pepco’s
joint application to commence a multi-year initiative to enhance
system reliability and resilience by placing vulnerable
distribution power lines underground.
This press release features multimedia. View
the full release here:
http://www.businesswire.com/news/home/20171113006273/en/
(Graphic: Business Wire)
The District of Columbia Power Line Undergrounding (DC PLUG)
initiative, a $500 million joint undertaking by the District and
Pepco, will benefit customers and contribute to the economic growth
of the District through significant job creation. Pepco’s portion
is $250 million and the District’s portion is $187.5 million. DDOT
will provide up to an additional $62.5 million from its capital
improvement budget.
“DC PLUG is part of our commitment to building a safer,
stronger, and more resilient DC,” said DC Mayor Muriel Bowser.
“This project will strengthen our electrical grid, make power
outages less likely during extreme weather events, and create jobs
for residents and new opportunities for certified business
enterprises and local small businesses.”
The DC PLUG initiative creates the opportunity for new work to
be performed by District contractors and a joint advisory team will
monitor compliance with DC PLUG local hiring requirements. Exelon
and Pepco have pledged $5.2 million as part of the merger
commitments toward workforce development programs in the District,
including the recently announced DC Infrastructure Academy, efforts
focused on equipping workers for success in good paying jobs by
providing the technical skills needed to build lasting careers.
"DC PLUG is a significant investment in the reliability of our
power supply, the overall strength of our electric grid, and the
prosperity of our local economy, all of which benefits our
community," said David Velazquez, president and CEO, Pepco
Holdings. "Pepco is pleased to work hand-in-hand with the District
to enhance our service for all DC families and businesses and
ensure our system can meet their needs now and in the future."
The DC PLUG initiative includes plans for placing select power
lines underground in Wards 3, 4, 5, 7, and 8 over a six- to
eight-year period. With the Public Service Commission’s approval,
construction will begin in 2018. In an effort to limit disruption
to the local community, Pepco will work to inform local residents
and business owners ahead of planned work.
Readers are encouraged to visit The Source, Pepco’s online news
room. Find additional information about Pepco by visiting
pepco.com. Follow us on Facebook at facebook.com/pepcoconnect and
on Twitter at twitter.com/pepcoconnect. Our mobile app is available
at pepco.com/mobileapp.
About Pepco: Pepco, a public utility owned by Exelon Corporation
(NYSE: EXC), provides safe and reliable energy to more than 842,000
electric delivery customers in Maryland and the District of
Columbia.
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version on businesswire.com: http://www.businesswire.com/news/home/20171113006273/en/
PepcoMarcus Beal, 202-872-2221orMedia Relations202-872-2680
(media hotline)
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