Jon Luttrell, senior vice president, Utility Operations, and president, Vectren Utility Holdings, said that the overall cost of the Transmission, Distribution and Storage System Improvement Charge Plan, over the duration of the seven-year period, is $514m.
Public Service Enterprise Group CEO Ralph Izzo on Feb. 24 said that upgrades to Public Service Electric and Gas’ electric distribution system continued in 2016 under the $1.2bn Energy Strong infrastructure program.
Florida Public Utilities Company said that the facilities of its Northeast Division are often exposed to extreme conditions, such as last year’s Hurricane Matthew, which leads to abnormally high levels of corrosion in critical parts, such as connectors, making any necessary restoration effort longer and more difficult because those parts must be replaced.
In a move triggered by the merger of the Exelon acquisition of Pepco Holdings, the Maryland Public Service Commission has launched a “targeted” review of electric distribution systems in the state.
The impact of the requested rate increase on the typical residential standard offer service (SOS) customer using 1,000 kWh per month would be $15.80 per month, or 53 cents per day in increased electric rates, Pepco said.