Exelon Corporation : PECO Investing $3 Million on Underground Cable Improvements
04/26/2012| 10:05am US/Eastern
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Projects designed to improve performance for thousands of residential
customers
PECO will invest approximately $3.2 million this year to replace and
perform preventative maintenance on about 19 miles of underground cable
that delivers electricity to thousands of residential customers across
the region.
About $3 million will be spent to replace 14 miles of underground cable
this year. Work has already been completed to inject about five miles of
underground cable with silicone gel designed to fill and seal any cracks
that may have developed in the cable's insulation. This $200,000 project
is expected to reduce the potential for cable malfunctions and service
interruptions to customers.
"By continuously monitoring our electric system's performance, including
the performance of our underground cable, we are able to identify key
opportunities to improve service for our customers," said Eric Helt,
vice president of Electric Operations. "Preventative maintenance,
upgrading and replacement of our equipment are crucial to providing
customers with safe and reliable service every day."
Underground cable replacement and preventative maintenance are part of
PECO's overall program to ensure safe and reliable electric service for
PECO's 1.6 million electric customers. Each year, the company conducts
regular maintenance and inspection of equipment to identify
opportunities to improve performance. The company has been lauded as one
of Pennsylvania's safest and most reliable electric and natural gas
service providers and has received numerous industry awards for its
efforts.
Based in Philadelphia, PECO is an electric and natural gas utility
subsidiary of Exelon Corporation (NYSE: EXC). PECO serves 1.6
million electric and 494,000 natural gas customers in southeastern
Pennsylvania and employs about 2,400 people in the region. PECO
delivered 82.1 billion cubic feet of natural gas and 38.1 billion
kilowatt-hours of electricity in 2011. Founded in 1881, PECO is
one of the Greater Philadelphia Region's most active corporate citizens,
providing leadership, volunteer and financial support to numerous arts
and culture, education, environmental, economic development and
community programs and organizations.
If you are a member of the media and would like to receive PECO news
releases via e-mail please send your e-mail address to PECO.Communication@exeloncorp.com.
PECO
Liz Williamson, 215-841-5555
Liz.williamson@exeloncorp.com
© Business Wire 2012
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