FirstEnergy Corp. announced this week that it will invest $143 million in 2014 to strengthen the durability and flexibility of its electric systems. This represents an $80 million increase over what the company spent last year.
Major projects scheduled for this year include transmission enhancements, building new distribution circuits, replacing underground cables, and making system enhancements in high-growth areas experiencing new residential and commercial development.
“Many of the planned infrastructure projects are designed to enhance the reliable, day-to-day service we now provide our customers,” said James A. Sears, Jr., FirstEnergy’s President of Maryland Operations and Vice President of Potomac Edison. “We also are taking steps to prepare our system for tomorrow’s inevitable growth. Whether we are trimming trees, installing new equipment at substations or rebuilding older transmission and distribution facilities, our objective is to make a good system even better.”