STOCK TITAN

Penelec Completing Upgrades to Electric System in Crawford County

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), is finalizing an electric distribution upgrade project in Crawford County, benefiting about 1,000 customers in Vernon Township and nearby areas. This includes converting a power line to a higher voltage and installing automated equipment to improve service reliability, especially during winter storms. The initiative, part of Penelec's $200 million Long Term Infrastructure Improvement Plan, enhances the local network's capacity, ensuring quicker repairs. The project commenced in July and is expected to conclude by year-end.

Positive
  • Project enhances electric service reliability for nearly 1,000 customers.
  • Part of a $200 million infrastructure improvement plan.
  • Installation of automated technology for quicker service restoration.
  • New 5.5-mile power line increases network capacity.
Negative
  • None.

Project to benefit about 1,000 customers in Vernon Township and nearby areas

ERIE, Pa., Nov. 15, 2022 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), is completing a project to upgrade its distribution system in Crawford County to help prevent or minimize the length of service disruptions, particularly during severe winter weather. The work includes converting an existing power line to a higher voltage in the fast-growing commercial corridor along State Route 322 in Vernon Township and installing automated equipment on the local network to help prevent service disruptions and restore power faster for nearly 1,000 customers.

The upgrades are part of Penelec's Long Term Infrastructure Improvement Plan (LTIIP II), a $200 million initiative to accelerate capital investments to the company's electric distribution system over five years and help ensure continued electric service reliability for customers.

"We are reconstructing an existing power line to operate at a higher voltage, which will provide an alternate source of electricity to allow us to keep the lights on for many of our customers in the Vernon Township, Geneva and Conneaut Lake areas – including medical centers, big retail stores and restaurants – when our crews must make repairs or perform proactive maintenance," said Scott Wyman, president of FirstEnergy's Pennsylvania Operations. "As part of the project, crews are relocating several sections of the power line from hard-to-reach wooded or swampy areas to Route 322 and North Watson Run Road to allow access for our bucket trucks and enable faster repairs."

Penelec is creating the new 5.5-mile, 34.5 kilovolt (kV) line by converting the existing 12-kV power line that runs along Route 322 west from Cutter Road to North Watson Run Road. The line then heads north along North Watson Run Road to Harmonsburg Road where it will connect with another 34.5-kV power line, reinforcing and providing redundancy to the local electric network.

The work began in July and includes setting more than 100 new utility poles, hanging new wire with more electrical capacity along the entire length of the line and installing more than 70 new transformers. The project is scheduled to be completed by the end of the year.

Four devices enabled with supervisory control and data acquisition (SCADA) technology are being placed at key spots along the line. SCADA conveys real-time information about voltage and electric current conditions to distribution system operators. Based on conditions, operators can control the devices remotely to quickly isolate damage and transfer customer load from one line to another, helping to keep the lights on for customers when problems such as vehicle accidents or tree-related outages occur.    

Penelec serves approximately 585,000 customers within 17,600 square miles of northern and central Pennsylvania. Follow Penelec on Twitter @Penelec and on Facebook at www.facebook.com/PenelecElectric.

FirstEnergy is dedicated to integrity, 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 approximately 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 the new poles along Route 322 and equipment being prepared for installation is available on Flickr.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/penelec-completing-upgrades-to-electric-system-in-crawford-county-301678802.html

SOURCE FirstEnergy Corp.

FAQ

What is FirstEnergy Corp.'s stock symbol?

FirstEnergy Corp.'s stock symbol is FE.

What upgrades is Penelec completing in Crawford County?

Penelec is converting a power line to a higher voltage and installing automated equipment to improve reliability.

How many customers will benefit from Penelec's project?

Approximately 1,000 customers in Vernon Township and nearby areas will benefit.

When did the Penelec project in Crawford County start?

The project began in July 2022.

What is the budget for Penelec's infrastructure improvement plan?

The budget for the Long Term Infrastructure Improvement Plan is $200 million.

FirstEnergy Corp.

NYSE:FE

FE Rankings

FE Latest News

FE Stock Data

24.13B
575.60M
0.12%
89.59%
1.79%
Utilities - Regulated Electric
Electric Services
Link
United States of America
AKRON