FirstEnergy Energizes New Transmission Line in Ashland CountyProject Will Help Enhance Service Reliability for Ohio Edison Customers
AKRON, Ohio, March 10, 2017 -- FirstEnergy Corp. (NYSE: FE) energized a 69-kilovolt transmission line project this week that will modernize the local power grid to meet the future needs of Ohio Edison customers in Ashland County.
The $7 million rebuild project involved removing an older, existing transmission line and replacing it with a new set of wood poles capable of carrying new, higher capacity wires. Crews installed nearly seven miles of wire on 127 new wooden structures within the existing right-of-way, reducing impact on affected property owners in Perrysville Village and Green Township, Ohio.
In addition, remote control switching devices were added to help prevent some outages from occurring. Or, if an outage does occur, this advanced equipment can automatically pinpoint the location of a service disruption and limit the outage to only those customers where the damage occurred. This helps to reduce the number of overall customers that are affected and shorten the duration.
"Upgrading this transmission line will help keep power flowing around the clock to our customers," said Randy Frame, regional president of Ohio Edison. "The new power line and remotely controlled equipment will strengthen the local power grid in Ashland County and the surrounding area, and help reduce the frequency and duration of power outages."
Since 2014, FirstEnergy and its affiliates have upgraded or replaced 69-kV transmission lines and substations, including in the Ohio Edison service area. New, smart technology has been incorporated into the grid, and dozens of substations were upgraded with new equipment and enhanced security features. These upgrades produced significantly fewer outages on the 69-kV system last year compared to the average number of outages in previous years.
The projects are part of FirstEnergy's Energizing the Future initiative, which began in 2014 and now includes $4.2 to $5.8 billion of investment in electric transmission infrastructure between 2017-2021. Key factors driving these investments include replacing existing equipment with advanced technologies designed to enhance system reliability; meeting projected load growth driven by shale gas-related activity and other development in the region; and reinforcing the system in light of power plant deactivations.
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 on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
Editor's Note: Construction photos are available for download on Flickr.
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(PJM) markets and FERC-jurisdictional wholesale transactions; FERC regulation of cost-of-service rates; and FERC's compliance and enforcement activity, including compliance and enforcement activity related to North American Electric Reliability Corporation's mandatory reliability standards; the uncertainties of various cost recovery and cost allocation issues resulting from American Transmission Systems, Incorporated's realignment into PJM; the ability to comply with applicable state and federal reliability standards and energy efficiency and peak demand reduction mandates; other legislative and regulatory changes, and revised environmental requirements, including, but not limited to, the effects of the United States Environmental Protection Agency's Clean Power Plan, Coal Combustion Residuals regulations, Cross-State Air Pollution Rule and Mercury and Air Toxics Standards programs, including our estimated costs of compliance, Clean Water Act (CWA) waste water effluent limitations for power plants, and CWA 316(b) water intake regulation; adverse regulatory or legal decisions and outcomes with respect to our nuclear operations (including, but not limited to, the revocation or non-renewal of necessary licenses, approvals or operating permits by the Nuclear Regulatory Commission or as a result of the incident at Japan's Fukushima Daiichi Nuclear Plant); issues arising from the indications of cracking in the shield building at Davis-Besse; changing market conditions that could affect the measurement of certain liabilities and the value of assets held in our Nuclear Decommissioning Trusts, pension trusts and other trust funds, and cause us and/or our subsidiaries to make additional contributions sooner, or in amounts that are larger than currently anticipated; the impact of changes to significant accounting policies; the impact of any changes in tax laws or regulations or adverse tax audit results or rulings; the ability to access the public securities and other capital and credit markets in accordance with our financial plans, the cost of such capital and overall condition of the capital and credit markets affecting us and our subsidiaries; further actions that may be taken by credit rating agencies that could negatively affect us and/or our subsidiaries' access to financing, increase the costs thereof, increase requirements to post additional collateral to support, or accelerate payments under outstanding commodity positions, letters of credit and other financial guarantees, and the impact of these events on the financial condition and liquidity of FirstEnergy and/or its subsidiaries, specifically the subsidiaries within the CES segment; issues concerning the stability of domestic and foreign financial institutions and counterparties with which we do business; and the risks and other factors discussed from time to time in our United States Securities and Exchange Commission (SEC) filings, and other similar factors. 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