PECO allots $73 million for reliability-targeted capital improvements in Philadelphia


PHILADELPHIA, May 3, 2002 — In a multi-pronged improvement plan, PECO Energy has allotted $73 million for its 2002 capital projects that are intended to reduce service interruptions and the number of customers affected by outages when they occur.

PECO said the strategic plan entails wide-ranging preventive and corrective maintenance, capacity expansion projects, utilization of new technology, and work to improve system performance in certain areas across the city.

Among the notable planned projects are: a $9 million expansion of the electric substation on North Delaware Avenue to boost power supply for Center City and adjoining neighborhoods, equipment upgrades for the Westmoreland substation in North Philadelphia and the Southwark facility in South Philadelphia, and distribution enhancements in the Grays Ferry and Tacony areas.

PECO said it also has begun a $660,000 project to replace 4,000 feet of underground mains, install 18,000 feet of underground cable and associated transformers and other equipment in the city’s Eastwick section. The Company expects to complete the Eastwick project in June.

The Company said it would install “sectionalizing” schemes on 65 distribution circuits that will benefit customers across the city. The schemes utilize smart electronic switches known as reclosers to automatically isolate trouble on the circuit, such as lightning, fallen trees, equipment failures, or vehicle accidents, and minimize the area affected by the problem.

More than two dozen system performance initiatives will provide additional fusing, lightning protection, and equipment upgrades in the following neighborhoods: Point Breeze and Passyunk in South Philadelphia; Logan, Nicetown, Kensington and Olney in North Philadelphia; Roxborough, Germantown, and East Falls in the Northwest; Tacony, Fox Chase, and Torresdale in the Northeast; and Northern Liberties.

PECO said its springtime preventive maintenance program features patrols of distribution circuits using infrared thermography, animal proofing equipment, tree trimming, and pole, manhole and substation inspections.

PECO’s reliability investments represents the Company’s largest-ever capital plan “to ensure we can serve our customers well during this year and in the years ahead,” said Denis O’Brien, vice president, Operations.

PECO delivers electricity to nearly 630,000 customers in Philadelphia.

PECO, an Exelon Company, delivers electricity to 1.52 million customers and natural gas to 442,000 customers in southeastern Pennsylvania. Its parent, Exelon Corporation (NYSE: EXC – news), is one of the largest energy service companies in the U.S. with the largest utility customer base, one of the largest power generation fleets and a wholesale energy marketing operation in North America. In 2001, PECO delivered 35.1 million megawatt hours of electricity and 81.5 billion cubic feet of natural gas, generating $3.9 billion in revenue for Exelon.


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