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FirstEnergy plans for $450M Ohio distribution upgrade

Dec 6, 2017
Companies
Posted by Ken Wallingford

American diversified energy company FirstEnergy Corp. has recently made a proposal to the Public Utilities Commission of Ohio (PUCO) for a redesign and modernization of distribution systems for Ohio Edison, Cleveland Electric Illuminating and Toledo Edison subsidiaries.

The project looks to invest U.S. $450 million within three years, and will help to prevent power outages while also working on ways to restore power faster at times of outages.

FirstEnergy anticipates the project to reduce outages by 30 per cent or more, on average.

Source: Nasdaq

Photo: Steens and Cook at Poe Substation Breaker Box / FirstEnergy Corp. / Wikimedia / CC BY-ND 2.0

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