JCP&L Investing $15 Million in Stronger Electric Future for Hunterdon County
FirstEnergy (NYSE: FE) subsidiary JCP&L is launching a $15.4 million infrastructure upgrade in Hunterdon County, New Jersey, to enhance electric service reliability for over 3,600 customers across eight communities. The project includes modernizing substations, upgrading more than 20 miles of overhead power lines, installing 3 miles of underground wires, and implementing smart technology.
The initiative is part of JCP&L's broader New Jersey Reliability Improvement Project, which will invest at least $95 million in upgrades over the next two years. This project falls under FirstEnergy's larger $28 billion Energize365 investment program running from 2025 to 2029, aimed at modernizing the electric grid across its service territory.
FirstEnergy (NYSE: FE), tramite la sua controllata JCP&L, avvia un intervento infrastrutturale da $15.4 milioni nella Contea di Hunterdon, New Jersey, per migliorare l'affidabilit脿 del servizio elettrico per oltre 3.600 clienti in otto comunit脿. Il progetto prevede l'ammodernamento di sottostazioni, il potenziamento di oltre 20 miglia di linee aeree, la posa di 3 miglia di cavi interrati e l'implementazione di tecnologie intelligenti.
L'iniziativa fa parte del pi霉 ampio New Jersey Reliability Improvement Project di JCP&L, che investir脿 almeno $95 milioni in aggiornamenti nei prossimi due anni. Questo intervento rientra nel programma di investimenti Energize365 da $28 miliardi di FirstEnergy per il periodo 2025-2029, volto a modernizzare la rete elettrica nel suo territorio di servizio.
FirstEnergy (NYSE: FE), a trav茅s de su filial JCP&L, inicia una actualizaci贸n de infraestructura de $15.4 millones en el condado de Hunterdon, Nueva Jersey, para mejorar la fiabilidad del suministro el茅ctrico de m谩s de 3,600 clientes en ocho comunidades. El proyecto incluye la modernizaci贸n de subestaciones, la mejora de m谩s de 20 millas de l铆neas a茅reas, la instalaci贸n de 3 millas de cable subterr谩neo y la incorporaci贸n de tecnolog铆a inteligente.
La iniciativa forma parte del m谩s amplio New Jersey Reliability Improvement Project de JCP&L, que invertir谩 al menos $95 millones en mejoras durante los pr贸ximos dos a帽os. Este proyecto se integra en el programa de inversiones Energize365 de $28 mil millones de FirstEnergy para el periodo 2025-2029, orientado a modernizar la red el茅ctrica en su zona de servicio.
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La filiale JCP&L de FirstEnergy (NYSE: FE) lance dans le comt茅 de Hunterdon (New Jersey) une mise 脿 niveau d'infrastructures de 15,4 millions de dollars afin de renforcer la fiabilit茅 du service 茅lectrique pour plus de 3 600 clients r茅partis dans huit communes. Le projet comprend la modernisation de postes 茅lectriques, la mise 脿 niveau de plus de 20 miles de lignes a茅riennes, l'installation de 3 miles de c芒bles souterrains et le d茅ploiement de technologies intelligentes.
Cette initiative s'inscrit dans le New Jersey Reliability Improvement Project de JCP&L, qui consacrera au moins 95 millions de dollars d'investissements sur les deux prochaines ann茅es. Le projet fait partie du programme d'investissement plus vaste Energize365 de 28 milliards de dollars de FirstEnergy pour la p茅riode 2025鈥�2029, visant 脿 moderniser le r茅seau 茅lectrique de sa zone de desserte.
Die Tochtergesellschaft JCP&L von FirstEnergy (NYSE: FE) startet in Hunterdon County, New Jersey, ein Infrastruktur鈥慤pgrade in H枚he von $15,4 Millionen, um die Versorgungssicherheit f眉r mehr als 3.600 Kunden in acht Gemeinden zu verbessern. Das Vorhaben umfasst die Modernisierung von Umspannwerken, die Aufr眉stung von 眉ber 20 Meilen Freileitungen, die Verlegung von 3 Meilen Erdkabeln und den Einsatz intelligenter Technologien.
Die Ma脽nahme ist Teil des umfassenderen New Jersey Reliability Improvement Project von JCP&L, das in den n盲chsten zwei Jahren mindestens $95 Millionen in Verbesserungen investieren wird. Dieses Projekt geh枚rt zum gr枚脽eren $28 Milliarden Investitionsprogramm Energize365 von FirstEnergy f眉r den Zeitraum 2025鈥�2029 und zielt auf die Modernisierung des Stromnetzes im Versorgungsgebiet ab.
- Investment of $15.4 million to modernize and strengthen electric infrastructure
- Part of a larger $28 billion Energize365 investment program through 2029
- Implementation of smart technology and automated TripSaver devices for faster service restoration
- Strategic underground wire installation to minimize outages in vulnerable areas
- Growing electricity demand requiring significant infrastructure investments
- Current infrastructure limitations in handling increasing power needs
Insights
FirstEnergy's $15.4M grid investment strengthens its regulated business model and supports future rate base growth.
FirstEnergy's
The comprehensive upgrade includes reconfiguring neighborhood circuits, enhancing 20+ miles of overhead lines, installing 3 miles of underground wiring in vulnerable wooded areas, and deploying automated TripSaver technology. These improvements will measurably reduce both the frequency and duration of outages, especially during severe weather events.
More importantly for investors, this project represents just one component of FirstEnergy's broader capital deployment strategy. The
This methodical infrastructure investment approach aligns perfectly with the regulated utility business model. By deploying capital into reliability improvements, FirstEnergy can include these expenditures in its rate base calculations when requesting rate adjustments from regulators. This creates a pathway for the company to generate returns on these investments while strengthening system resilience against the increasing frequency of severe weather events affecting the northeastern grid.
Reconfigured power lines and modernized equipment provide greater reliability for customers in eight local communities
Enhancements to overhead lines and substations and installation of underground wires in forested areas will help reduce outages and speed repairs for JCP&L customers in
More Grid Flexibility, More Storm Resiliency
Electricity demand from communities served by聽JCP&L substations in
Doug Mokoid, FirstEnergy's President of
Upgrades Modernize the Electric Grid
Enhancements to fortify
- Smarter circuits:聽Reconfiguring neighborhood lines, known as circuits, to optimize reliability and allow for temporary switching of customers during outages.
- Sturdier equipment:聽Upgrading more than 20 miles of overhead power lines and 30 poles for increased capacity and storm resilience.
- Buried lines:聽Installing nearly 3 miles of underground wires in remote, wooded areas to minimize outages and speed repairs.
- Enhanced flexibility:聽Increasing equipment to reroute power during outages to reduce affected customers.
- Automated technology:聽Installing TripSaver devices that detect short-term power line issues, such as a tree branch bouncing off lines, and automatically restore service without needing a crew to investigate.
- Additional vegetation management: Increasing tree trimming and vegetation management to enhance service reliability.
Part of a Bigger 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
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