Nearly 1,200 System Projects Completed to Enhance Natural Gas and Electric Service for PECO Customers
December 28 2016 - 12:24PM
Business Wire
PECO completed nearly 1,200 projects to enhance natural gas and
electric service for customers during the third quarter of 2016.
Each year, the company invests more than $500 million to enhance
its system infrastructure through preventive maintenance and
equipment upgrades to ensure safe and reliable energy service for
customers.
Through PECO’s System 2020 plan, the company is investing an
additional $275 million during the next five years to install
advanced equipment and reinforce the local electric system, making
it more weather resistant and less vulnerable to storm damage.
“Ensuring safe and reliable natural gas and electric service for
our customers is our top priority,” said Mike Innocenzo, senior
vice president and COO. “The work we do day-in and day-out is
essential to meeting the energy needs of our customers, and this
ongoing, proactive work is essential to improving service for our
customers.”
PECO completed nearly 1,000 projects to ensure safe and reliable
natural gas service for customers. This includes equipment
inspections, repairs and replacements, and preventive maintenance
on the company’s natural gas transmission and distribution system.
From July through September, PECO inspected 913 miles of natural
gas main, completed more than 3,400 valve inspections and replaced
more than 42,000 feet of natural gas main with new pipe, which
enhances safety, is more durable and improves service.
PECO also completed more than 200 electric system projects in
the third quarter of 2016, including seven System 2020 projects.
Specifically, more than 50 corrective and preventive maintenance
projects were completed. PECO continued to upgrade and install
advanced equipment throughout the region, adding 20 new aerial
devices called reclosers to its distribution system. When a problem
occurs, like a fallen tree limb, lightning strike or vehicle
accident, the recloser stops the flow of electricity on the line
and automatically restores electricity if possible. There are more
than 1,720 reclosers on PECO’s system, which prevented more than
177,000 sustained power interruptions for PECO customers during the
third quarter of this year.
To help prevent power outages caused by vegetation, PECO also
installs reinforced tree-resistant aerial electric lines. These
lines are stronger than traditional lines and can better withstand
falling trees and tree limbs. PECO now has more than 26 miles
installed across the service territory. Rigorous tree trimming also
continues to limit the number of power outages caused by trees and
other vegetation. As part of this work, PECO will invest about $41
million in vegetation management work around 3,300 miles of aerial
electric lines in 2016.
Based in Philadelphia, PECO is an electric and natural gas
utility subsidiary of Exelon Corporation (NYSE: EXC). The
company’s 2,500 dedicated employees provide advanced, innovative
energy solutions to 1.6 million electric and more than 511,000
natural gas customers in southeastern Pennsylvania. In 2015
PECO delivered 86.9 billion cubic feet of natural gas and 38
billion kilowatt-hours of electricity. The company also has an
estimated annual economic impact of $4.3 billion in Pennsylvania,
supporting more than 8,700 local jobs and producing $732 million in
labor income. Founded in 1881, PECO is one of the Greater
Philadelphia Region's most active corporate citizens, providing
leadership, volunteer and financial support to numerous arts and
culture, education, environmental, economic development and
community programs and organizations. For more information visit
PECO.com, and connect with the company on Facebook and Twitter.
If you are a member of the media and would like to receive
PECO news releases via email, please send your email address to
PECO.Communication@exeloncorp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161228005359/en/
PECOGreg Smore, 215-841-5555Greg.Smore@exeloncorp.com
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