PECO Completes More Than 600 System Projects to Enhance Natural Gas and Electric Service for Customers
July 14 2016 - 11:15AM
Business Wire
PECO completed nearly 600 projects to enhance natural gas and
electric service for customers during the first quarter of 2016.
The work is part of the company’s ongoing efforts to provide
customers with safe, reliable, affordable and clean energy and
energy services. The company invests more than $500 million each
year to enhance its system infrastructure through preventive
maintenance and equipment upgrades.
Through PECO’s System 2020 plan, the company is spending an
additional $274 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.
“We are constantly monitoring our natural gas and electric
systems to identify areas where we can enhance service reliability
for our customers,” said Mike Innocenzo, senior vice president and
COO. “This ongoing, proactive work is critical to maintaining the
level of service our customers expect.”
PECO completed nearly 500 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 January through March, PECO inspected 308 miles of natural gas
main, completed more than 1,700 valve inspections and replaced
nearly two miles of natural gas main with plastic pipe, which
enhances safety, is more durable and improves service.
PECO also completed nearly 120 electric system projects in the
first quarter of 2016. Specifically, more than 60 corrective and
preventive maintenance projects were completed as part of PECO’s
ongoing system monitoring program. PECO also continued to upgrade
and install advanced equipment throughout the region, specifically
adding 12 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 1,700 reclosers on PECO’s system,
which prevented more than 79,000 sustained power interruptions for
PECO customers during the first 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 19 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 2,400 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 $4.5 billion in Pennsylvania,
supporting more than 9,600 local jobs and producing $760 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/20160714005902/en/
PECOGreg Smore, 215-841-5555Greg.Smore@exeloncorp.com
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