Con Edison To Invest $1.5B In Electric System
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NEW YORK (AP) The utility Consolidated Edison Company of New York said Wednesday that it will invest $1.5 billion this year to improve its electric delivery system.
The plan includes installations of new substations, upgrades to its transmission system and replacing about 2,000 miles of cable. Con Edison said it expects to spend more than $7 billion over the next five years to maintain the reliability of its system and support economic growth in its service area. Con Edison is a subsidiary of Consolidated Edison Inc., which provides electric, gas and steam service to more than 3 million customers in New York City and Westchester County.- Loading Comments...
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