JCP&L proposes $98 million in infrastructure/energy efficiency enhancements

Morristown, NJ, Jan. 27, 2009 — Jersey Central Power & Light (JCP&L) intends to spend approximately $98 million on infrastructure and energy efficiency projects in 2009 in response to a request for support of New Jersey Governor Jon Corzine’s Economic Assistance and Recovery Plan. The projects were outlined in a recent letter to the New Jersey Board of Public Utilities (BPU).

Stephen E. Morgan, president of JCP&L, said they wanted to focus on reliability and energy efficiency with their infrastructure projects.

Some of the JCP&L projects include:

Infrastructure upgrades — $40 million on substation upgrades, new transformers, distribution line re-closers and automated breaker operations.

Demand response programs — $34 million on refrigerant management systems designed to shift air conditioning load to off-peak times, along with expanding existing demand response programs that enable JCP&L to monitor and control customers’ electrical usage.

Energy efficiency programs — $11 million on replacing transformers and capacitor control systems, and installing new LED technology street lights. In addition, JCP&L will spend more than $12.7 million on energy efficiency programs that will complement those currently being offered by New Jersey Clean Energy Programs.

Implementing these projects requires regulatory approval. The details regarding these projects will be submitted in an upcoming filing with the BPU. JCP&L has indicated to the BPU that completing the projects is based on the company receiving full recovery of the costs associated with implementation.

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