Fewer Outages and Faster Restoration Coming to JCP&L Customers in Northern Monmouth County
FirstEnergy (NYSE: FE) has announced a $1.6 million investment to modernize the electric system in Northern Monmouth County through its Jersey Central Power & Light (JCP&L) subsidiary. The upgrade project, targeting Keyport, Hazlet, and Union Beach areas, is part of JCP&L's broader $95 million New Jersey Reliability Improvement Project.
The modernization includes upgrading 2.5 miles of overhead power lines, installing smart devices for fault detection, and implementing power rerouting capabilities. This initiative is a component of FirstEnergy's larger $28 billion Energize365 investment program planned for 2025-2029, aimed at grid modernization across its service territory.
FirstEnergy (NYSE: FE) ha annunciato un investimento di 1,6 milioni di dollari per modernizzare il sistema elettrico nella parte settentrionale della contea di Monmouth tramite la sua controllata Jersey Central Power & Light (JCP&L). Il progetto di aggiornamento, che interessa le aree di Keyport, Hazlet e Union Beach, fa parte del pi霉 ampio New Jersey Reliability Improvement Project da 95 milioni di dollari di JCP&L.
La modernizzazione prevede l'adeguamento di 2,5 miglia di linee aeree, l'installazione di dispositivi intelligenti per il rilevamento dei guasti e l'implementazione di capacit脿 di deviazione dell'alimentazione. Questa iniziativa 猫 un elemento del pi霉 vasto programma di investimenti Energize365 da 28 miliardi di dollari di FirstEnergy previsto per il 2025-2029, volto a modernizzare la rete nel suo territorio di servizio.
FirstEnergy (NYSE: FE) ha anunciado una inversi贸n de 1,6 millones de d贸lares para modernizar el sistema el茅ctrico en el norte del condado de Monmouth a trav茅s de su filial Jersey Central Power & Light (JCP&L). El proyecto de mejora, que abarca las zonas de Keyport, Hazlet y Union Beach, forma parte del m谩s amplio New Jersey Reliability Improvement Project de 95 millones de d贸lares de JCP&L.
La modernizaci贸n incluye la actualizaci贸n de 2,5 millas de l铆neas el茅ctricas a茅reas, la instalaci贸n de dispositivos inteligentes para la detecci贸n de fallos y la implementaci贸n de capacidades de reencaminamiento de la energ铆a. Esta iniciativa es un componente del mayor programa de inversi贸n Energize365 de 28.000 millones de d贸lares de FirstEnergy previsto para 2025-2029, destinado a la modernizaci贸n de la red en su 谩rea de servicio.
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FirstEnergy (NYSE: FE) a annonc茅 un investissement de 1,6 million de dollars pour moderniser le r茅seau 茅lectrique du nord du comt茅 de Monmouth via sa filiale Jersey Central Power & Light (JCP&L). Le projet de mise 脿 niveau, ciblant les zones de Keyport, Hazlet et Union Beach, s'inscrit dans le cadre du plus vaste New Jersey Reliability Improvement Project de 95 millions de dollars de JCP&L.
La modernisation comprend la mise 脿 niveau de 2,5 miles de lignes a茅riennes, l'installation d'appareils intelligents pour la d茅tection de pannes et la mise en place de capacit茅s de d茅rivation du courant. Cette initiative fait partie du plus important programme d'investissement Energize365 de 28 milliards de dollars de FirstEnergy, pr茅vu pour 2025-2029 et visant 脿 moderniser le r茅seau sur son territoire de service.
FirstEnergy (NYSE: FE) hat eine Investition von 1,6 Millionen US-Dollar angek眉ndigt, um das Stromnetz im n枚rdlichen Monmouth County 眉ber seine Tochtergesellschaft Jersey Central Power & Light (JCP&L) zu modernisieren. Das Aufr眉stungsprojekt, das die Gebiete Keyport, Hazlet und Union Beach betrifft, ist Teil des umfassenderen New Jersey Reliability Improvement Project in H枚he von 95 Millionen US-Dollar von JCP&L.
Die Modernisierung umfasst die Erneuerung von 2,5 Meilen Freileitungen, die Installation intelligenter Ger盲te zur Fehlererkennung und die Implementierung von M枚glichkeiten zur Umleitung der Stromversorgung. Diese Initiative ist Bestandteil des gr枚脽eren Energize365-Investitionsprogramms von 28 Milliarden US-Dollar von FirstEnergy, das f眉r 2025鈥�2029 geplant ist und die Modernisierung des Netzes im Versorgungsgebiet zum Ziel hat.
- None.
- Significant capital expenditure requiring long-term financial commitment
- Extended timeline for complete project implementation through 2028
Insights
FirstEnergy's $1.6M grid upgrade in Monmouth County supports their broader $28B modernization strategy, enhancing long-term reliability and potentially strengthening future earnings.
FirstEnergy's subsidiary JCP&L is investing
This local project is part of JCP&L's larger
The strategic importance here extends beyond the modest immediate investment. Regulated utilities like FirstEnergy typically earn returns on capital expenditures approved by state regulators. These grid hardening investments address growing reliability demands while potentially building FirstEnergy's rate base 鈥� the capital investment on which regulators allow the utility to earn a return. By focusing on demonstrable reliability improvements, FirstEnergy positions itself to justify these investments to regulators.
This project represents the execution phase of FirstEnergy's previously announced capital plan. The multi-year visibility into infrastructure spending provides predictability for the company's growth trajectory, while the focus on modernization addresses both aging infrastructure concerns and positions the grid for future distributed energy integration. Such systematic grid upgrades historically correlate with improved reliability metrics, which can positively influence regulatory relationships and customer satisfaction scores.
Upgrades part of company's
More Flexibility, Faster Outage Restoration
This investment is part of JCP&L's ongoing commitment to delivering safe, dependable electricity to the communities it serves. What this means for customers:
- Fewer outages: Smart upgrades to neighborhood power lines will help limit the number of customers affected when outages happen.
- Faster restoration: Crews will be able to reroute power more efficiently, getting the lights back on quicker.
- Smarter system: These improvements give JCP&L more flexibility to respond to issues and keep power flowing.
Doug Mokoid, FirstEnergy's President of
Bigger Poles, Bigger Wire
Project work includes:
- Upgrading more than 2.5 miles of overhead power lines and poles to boost capacity and storm resilience.
- Modernizing devices that detect abnormal conditions and protect equipment automatically.
- Adding equipment to reroute power to adjacent lines during outages to minimize the number of impacted customers.
Part of a Larger Plan
The work is part of JCP&L's New Jersey Reliability Improvement Project, a two-phase effort to enhance the reliability of lines with a history of outages. At least
The New Jersey Reliability Improvement Project is part of Energize365, FirstEnergy's
JCP&L serves 1.1 million customers in the counties of
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in
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SOURCE FirstEnergy Corp.
FAQ
What is FirstEnergy's (NYSE: FE) investment amount for the Northern Monmouth County grid modernization?
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Which areas in Northern Monmouth County will benefit from JCP&L's grid upgrades?
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