FirstEnergy Invested $131 Million in the Penn Power Service Area in 2015 to Enhance Electric SystemCompany Completed Infrastructure and Reliability Projects to Help Reduce Outages and Handle Future Growth
AKRON, Ohio, Feb. 2, 2016 -- FirstEnergy Corp. (NYSE: FE) invested more than $131 million in 2015 in its Pennsylvania Power (Penn Power) service area on infrastructure projects and other work, including installing substation equipment and rebuilding transmission lines, to help enhance the reliability of its system.
"The work Penn Power completed in 2015, and in previous years, has helped us make progress in reducing the number and duration of outages our customers might experience," said Randall A. Frame, regional president of Penn Power. "The projects are designed to help enhance day-to-day service reliability for our customers along with maintaining our system's capability to handle future load growth."
Some of the key projects in Penn Power's western Pennsylvania service area in 2015 included:
- Installing two massive transformers that convert power from 345 kilovolts (kV) to 138-kV as part of a substation expansion project near New Castle. The cost of transformers was more than $11.9 million.
- Installing new equipment in multiple substations across the service area at a cost of $4 million to allow remote operation of circuit breakers. This equipment can significantly reduce the amount of time it takes to restore power after an outage, allowing dispatch office operators to remotely restore or reroute power in less time than it takes to dispatch a crew to the scene of an outage.
- Inspecting and rebuilding 12 miles of 69-kV transmission lines in the Mercer and Cranberry areas to help enhance the reliability of the transmission system in the area.
- Adding new poles, wire, cross arms, fuses and animal guards, as needed, on 15 miles of distribution circuits in Mercer, New Castle and Cranberry, at a cost of $4.8 million.
- Inspecting 11,000 and replacing/reinforcing more than 250 utility poles in the Penn Power area at a cost of nearly $900,000.
About $79 million of the total was spent on transmission-related projects owned by American Transmission Systems, Incorporated, a FirstEnergy transmission company.
Planning is continuing for additional projects that are expected to be completed in 2016, including new substations, transmission lines and circuit upgrades.
Penn Power also began using two new apps in 2015 to more efficiently assess damage to the electrical system and dispatch crews to make repairs in the wake of major storm events. Employees in the field can use this new mobile device technology to automatically enter damage information into the company's outage management system which helps restore the most customers to service in the shortest amount of time.
In 2015, Penn Power, along with FirstEnergy's other utilities, also reinstated the Power Systems Institute, a unique worker training program that combines learning hands-on utility skills at company training facilities with technical coursework at local community college classrooms. Recruiting efforts are underway for the next class that will begin school this fall. Information about the Power Systems Institute is available at www.firstenergycorp.com/psi or by calling 800-829-6801.
Penn Power serves more than 160,000 customers in all or parts of Allegheny, Beaver, Butler, Crawford, Lawrence, and Mercer counties in western Pennsylvania. Follow Penn Power on Twitter @Penn Power and on Facebook at www.facebook.com/pennpower.
FirstEnergy is a diversified energy company 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. Visit FirstEnergy online at www.firstenergycorp.com and follow on Twitter at @FirstEnergyCorp.
Editor's Note: Photos of some of Penn Power's service reliability enhancements from 2015 are available for download on Flickr.
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changes in customers' demand for power, including, but not limited to, changes resulting from the implementation of state and federal energy efficiency and peak demand reduction mandates; the ability to accomplish or realize anticipated benefits from strategic and financial goals, including, but not limited to, the ability to continue to reduce costs and to successfully execute our financial plans designed to improve our credit metrics and strengthen our balance sheet through, among other actions, our previously-implemented dividend reduction, our cash flow improvement plan and our other proposed capital raising initiatives; our ability to improve electric commodity margins and the impact of, among other factors, the increased cost of fuel and fuel transportation on such margins; 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; 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