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Grid Upgrades Underway to Benefit JCP&L Customers in Burlington and Ocean Counties

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FirstEnergy Corp. (NYSE: FE) subsidiary JCP&L has initiated a $3.2 million grid upgrade project in Burlington and Ocean counties, New Jersey, benefiting approximately 2,500 customers. The two-phase project, scheduled for completion in July 2025, covers over four miles of power lines across North Hanover, New Hanover, and Plumsted townships.

The first phase includes infrastructure upgrades with stronger wires and poles, enhanced fuses, reclosers, and TripSaver devices for improved outage management. The second phase involves constructing a new power line to meet current and future demand. This initiative is part of JCP&L's Supplemental High Priority Circuit Program and FirstEnergy's broader Energize365 program, which plans to invest $26 billion between 2024-2028 across six states for grid modernization.

La sussidiaria di FirstEnergy Corp. (NYSE: FE), JCP&L, ha avviato un progetto di aggiornamento della rete elettrica da 3,2 milioni di dollari nelle contee di Burlington e Ocean, nel New Jersey, a beneficio di circa 2.500 clienti. Il progetto, suddiviso in due fasi, è previsto per il completamento a luglio 2025 e copre oltre quattro miglia di linee elettriche nei comuni di North Hanover, New Hanover e Plumsted.

La prima fase include aggiornamenti infrastrutturali con cavi e pali più resistenti, fusibili potenziati, riattivatori e dispositivi TripSaver per una gestione migliore delle interruzioni. La seconda fase prevede la costruzione di una nuova linea elettrica per soddisfare la domanda attuale e futura. Questa iniziativa è parte del Programma Supplementare dei Circuiti ad Alta Priorità di JCP&L e del programma più ampio di Energize365 di FirstEnergy, che prevede un investimento di 26 miliardi di dollari tra il 2024 e il 2028 in sei stati per la modernizzazione della rete.

La subsidiaria de FirstEnergy Corp. (NYSE: FE), JCP&L, ha iniciado un proyecto de actualización de la red de 3.2 millones de dólares en los condados de Burlington y Ocean en Nueva Jersey, beneficiando a aproximadamente 2,500 clientes. El proyecto, programado para completarse en julio de 2025, abarca más de cuatro millas de líneas eléctricas en los municipios de North Hanover, New Hanover y Plumsted.

La primera fase incluye mejoras en la infraestructura con cables y postes más fuertes, fusibles mejorados, rearmadores y dispositivos TripSaver para una mejor gestión de cortes de electricidad. La segunda fase implica la construcción de una nueva línea eléctrica para satisfacer la demanda actual y futura. Esta iniciativa es parte del Programa de Circuitos de Alta Prioridad Suplementarios de JCP&L y el programa más amplio Energize365 de FirstEnergy, que planea invertir 26 mil millones de dólares entre 2024 y 2028 en seis estados para la modernización de la red.

퍼스트에너지 Corp. (NYSE: FE)의 자회사인 JCP&L이 뉴저지의 벌링턴과 오션 카운티에서 약 320만 달러 규모의 전력망 업그레이드 프로젝트를 시작했습니다. 이 프로젝트는 약 2,500명의 고객에게 혜택을 주며, 2025년 7월까지 완공될 예정입니다. 이 프로젝트는 노스 해노버, 뉴 해노버 및 플럼스테드 타운십에 걸쳐 4마일 이상의 전선이 포함됩니다.

첫 번째 단계에는 더 강한 전선과 기둥, 개선된 퓨즈, 리클로저 및 TripSaver 장치를 포함한 인프라 업그레이드가 포함됩니다. 두 번째 단계에서는 현재와 미래의 수요를 충족시키기 위해 새로운 전력선을 건설하는 것이 포함됩니다. 이 이니셔티브는 JCP&L의 보조 고우선 순위 회로 프로그램의 일환이며, 퍼스트에너지의 더 폭넓은 Energize365 프로그램의 일환으로, 2024년부터 2028년까지 6개 주에서 전력망 현대화를 위해 260억 달러를 투자할 계획입니다.

La filiale de FirstEnergy Corp. (NYSE: FE), JCP&L, a lancé un projet de mise à niveau du réseau de 3,2 millions de dollars dans les comtés de Burlington et d'Ocean, dans le New Jersey, bénéficiant à environ 2 500 clients. Le projet en deux phases devrait être achevé en juillet 2025 et couvre plus de quatre miles de lignes électriques à travers les municipalités de North Hanover, New Hanover et Plumsted.

La première phase comprend des améliorations de l'infrastructure avec des câbles et des poteaux plus robustes, des fusibles améliorés, des réenclencheurs et des dispositifs TripSaver pour une meilleure gestion des pannes. La deuxième phase implique la construction d'une nouvelle ligne électrique pour répondre à la demande actuelle et future. Cette initiative fait partie du Programme Supplémentaire de Circuits de Haute Priorité de JCP&L et du programme plus large Energize365 de FirstEnergy, qui prévoit d'investir 26 milliards de dollars entre 2024 et 2028 dans six États pour la modernisation du réseau.

Die Tochtergesellschaft von FirstEnergy Corp. (NYSE: FE), JCP&L, hat ein 3,2 Millionen Dollar umfassendes Netzwerk-Upgrade-Projekt in den Landkreisen Burlington und Ocean in New Jersey gestartet, das etwa 2.500 Kunden zugutekommt. Das zweiphasige Projekt, das bis Juli 2025 abgeschlossen sein soll, umfasst über vier Meilen Stromleitungen in den Stadtteilen North Hanover, New Hanover und Plumsted.

Die erste Phase umfasst Infrastrukturverbesserungen mit stärkeren Leitungen und Masten, verbesserten Sicherungen, Übertragern und TripSaver-Geräten zur verbesserten Unterbrechungsverwaltung. In der zweiten Phase wird eine neue Stromleitung gebaut, um den aktuellen und zukünftigen Bedarf zu decken. Diese Initiative ist Teil von JCP&Ls Ergänzungsprogramm für Hochprioritätskreise und FirstEnergys umfassenderem Energize365-Programm, das plant, zwischen 2024 und 2028 26 Milliarden Dollar in sechs Bundesstaaten für die Modernisierung des Stromnetzes zu investieren.

Positive
  • Investment of $3.2 million in grid infrastructure improvements
  • Part of larger $26 billion Energize365 program (2024-2028)
  • Implementation of advanced technology (TripSaver devices) for better outage management
  • Infrastructure expansion to accommodate future growth
Negative
  • None.

Insights

The $3.2 million grid upgrade project in Burlington and Ocean counties represents a strategic component of FirstEnergy's ambitious $26 billion Energize365 infrastructure investment program (2024-2028). While the immediate project scope affects 2,500 customers, its significance extends beyond the local implementation.

The deployment of advanced technologies, particularly TripSaver devices and automated switching capabilities, positions FirstEnergy at the forefront of grid modernization. These improvements typically reduce operational costs by 20-30% through decreased manual intervention requirements and faster outage response times. The strengthened infrastructure, featuring thicker wires and more resilient poles, aligns with regulatory priorities for storm hardening and reliability enhancement.

The project's integration into the broader New Jersey Reliability Improvement Project suggests a favorable regulatory environment for rate base additions. Utilities typically earn a 9-10% return on equity for such capital investments, making this a positive driver for steady earnings growth. The systematic approach to infrastructure upgrades, focusing on high-priority circuits based on historical outage data, demonstrates efficient capital allocation and regulatory compliance.

Within the competitive landscape of regulated utilities, FirstEnergy's comprehensive grid modernization strategy strengthens its market position. The company's focus on creating a 'smarter, more secure grid' addresses key industry trends: increasing electrification, renewable integration and grid resilience. While the immediate project is relatively small, it exemplifies the company's broader strategy of systematic, targeted investments that support long-term shareholder value creation through regulated returns.

Project anticipated to be completed in summer 2025

HOLMDEL, N.J., Jan. 29, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has started upgrades to the electric grid in Burlington and northwestern Ocean counties to enhance service for approximately 2,500 JCP&L customers. The $3.2 million, two-phase project is expected to be completed in July.

Equipment enhancements will take place along more than four miles of overhead and underground power lines in North Hanover, New Hanover and Plumsted townships.

Doug Mokoid, FirstEnergy's President, New Jersey: "These grid enhancements build on the New Jersey Reliability Improvement Project, introducing infrastructure upgrades that will significantly enhance the safe and reliable service our JCP&L customers expect. This work also prepares our grid to meet the demands of the future."

The first phase will provide upgrades to two sections of power line originating out of a JCP&L substation in Cookstown, Burlington County, including:

  • Replacing existing infrastructure with thicker, stronger wires and poles that can safely carry more electricity and provide more resiliency in storms.
  • Upgrading fuses and installing additional devices and reclosers that allow power to be rerouted to adjacent lines when an outage occurs, minimizing the number of impacted customers.
  • Installing TripSaver devices, which sense temporary abnormalities along power lines, such as a tree branch bouncing off lines, and automatically reenergize the line after the condition has passed without having to send a crew to investigate.
  • Additional tree trimming and vegetation management along power lines.

The second phase will include the construction of a new power line to better meet current and future customer demand. The new line will tie into existing lines, enhancing reliability by increasing the ability for power to be switched and damage isolated in the event of outages.

The work is part of JCP&L's Supplemental High Priority Circuit Program, which expands upon the company's New Jersey Reliability Improvement Project, a two-phase effort to enhance reliability for customers on high-priority lines selected based on historical outage data.

The JCP&L reliability programs are part of Energize365, FirstEnergy's grid evolution program focused on investing $26 billion between 2024 and 2028 across its six-state footprint to create a smarter, more secure grid that delivers the power customers depend on today while also meeting the challenges of tomorrow.

JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on X @JCP_L, on Facebook at facebook.com/JCPandL or online at jcp-l.com.

FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X @FirstEnergyCorp or online at firstenergycorp.com.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/grid-upgrades-underway-to-benefit-jcpl-customers-in-burlington-and-ocean-counties-302363568.html

SOURCE FirstEnergy Corp.

FAQ

What is the cost and timeline of JCP&L's grid upgrade project in Burlington and Ocean counties?

The grid upgrade project costs $3.2 million and is expected to be completed in July 2025.

How many customers will benefit from FirstEnergy's (FE) JCP&L grid upgrades in New Jersey?

The grid upgrades will enhance service for approximately 2,500 JCP&L customers in Burlington and northwestern Ocean counties.

What improvements are included in FirstEnergy's (FE) JCP&L grid upgrade project?

The project includes installing stronger wires and poles, upgrading fuses, adding reclosers, implementing TripSaver devices, conducting vegetation management, and constructing a new power line.

How much is FirstEnergy (FE) investing in its Energize365 program between 2024-2028?

FirstEnergy is investing $26 billion in the Energize365 program across its six-state footprint between 2024 and 2028.

Which townships are affected by JCP&L's grid upgrade project?

The grid upgrades affect North Hanover, New Hanover, and Plumsted townships in New Jersey.

FirstEnergy Corp.

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