FirstEnergy Files PA LTIIP Plans
September 5, 2019
FirstEnergy has filed Long Term Infrastructure Improvement Plan (LTIIP) proposals for Met-Ed, Penelec, Penn Power and West Penn Power with the Pennsylvania Public Utility Commission (PUC). The plans outline targeted investments to accelerate infrastructure improvements to help enhance service reliability for more than 2 million customers in the state.
|Investment by Operating Company
Expected 2020-2024 LTIIP investments for each operating company are:
Collectively, our Pennsylvania utilities plan to invest $572 million from 2020-2024 to reduce the frequency of service interruptions and shorten the duration of outages when they occur. The programs will supplement normal reliability investments. Major LTIIP initiatives will include:
- Replacing older infrastructure with new poles, overhead lines, underground cables, substation equipment, network vaults and manholes
- Reconfiguring circuits to minimize customers impacted by service interruptions
- Installing more advanced “smart” devices that can detect and isolate problems to help quickly restore power to impacted customers
These investments build on earlier improvement plans. The company looks forward to collaborating with the PUC to have the new plans approved by the end of this year so we can implement the work starting in early 2020.
Met-Ed, Penelec, Penn Power and West Penn Power would recover costs associated with the LTIIP investments through Distribution System Improvement Charges (DSICs) on monthly electric bills. If the plans are approved as proposed, our average residential customer in Pennsylvania is expected to see a monthly increase of less than $1 in 2020.