We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
FirstEnergy Corp | NYSE:FE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.115 | 0.29% | 39.805 | 40.02 | 39.70 | 39.96 | 243,351 | 15:44:17 |
READING, Pa., Aug. 8, 2017 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed) is completing work on approximately $15.9 million of electric system projects as part of a targeted 2017 program specifically designed to reduce the number and duration of power outages experienced by the company's 560,000 customers.
The work involves installing enhanced protective devices on wires and poles, rebuilding electric lines, including replacing damaged insulators, poles, cross arms and wire, and installing automated and remote control devices.
The projects are part of Met-Ed's 2016-2020 Long-Term Infrastructure Improvement Plan (LTIIP) approved by the Pennsylvania Public Utility Commission. Ultimately, this special program focuses on distribution infrastructure enhancement projects in the Met-Ed service area, with a total of $77 million being spent through 2020 on system improvements.
"The additional work is intended to benefit Met-Ed customers by complementing the work we already do each year to enhance the reliability of our electric system," said Ed Shuttleworth, regional president of Met-Ed. "We continue working to make our system the best it can be when it comes to limiting the number and duration of outages our customers experience."
The LTIIP projects slated for completion this year in the Met-Ed service area include:
In 2018, Met-Ed is expected to spend an additional $13 million on similar projects.
Met-Ed, a subsidiary of FirstEnergy Corp. (NYSE: FE), serves approximately 560,000 customers in 15 Pennsylvania counties. Follow Met-Ed on Twitter @Met Ed and on Facebook at www.facebook.com/MetEdElectric.
FirstEnergy is dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on Twitter: @FirstEnergyCorp.
Editor's Note: Photos of similar equipment being installed as part of Met-Ed's Long-Term Infrastructure Improvement Plan are available for download on Flickr.
View original content:http://www.prnewswire.com/news-releases/line-and-substation-equipment-work-underway-in-met-ed-area-to-enhance-service-reliability-300501191.html
SOURCE FirstEnergy Corp.
Copyright 2017 PR Newswire
1 Year FirstEnergy Chart |
1 Month FirstEnergy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions