This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ComEd Reaches Grid Modernization Milestone With 2,700th Pole Replaced

CHICAGO, Feb. 20, 2013 /PRNewswire/ -- ComEd announced that it completed the replacement or reinforcement of more than 2700 wood poles in its service territory in 2012, a 200 percent increase over previous years.  Inspecting, replacing and reinforcing poles makes ComEd's electric system more storm resistant and reduces customer power outages.  In addition to reinforcement and replacement, ComEd inspected and treated more than 137,000 poles.

ComEd announced this goal early in 2012 as part of the grid modernization program under the Energy Infrastructure Modernization Act (EIMA), which was passed in 2011 by the Illinois General Assembly.

"Utility poles are the foundation for our above-ground system," said Terence Donnelly, executive vice president and chief operating officer, ComEd.  "This work is critically important in strengthening the electric grid. We are improving the reliability of our electric system for our customers, which includes preparing for damaging storms."

ComEd uses treated wood poles for its distribution system.  Distribution poles are typically up to 70 feet tall. 

ComEd is investing $2.6 billion to upgrade and improve the reliability of its system as part of EIMA. The utility has been working to improve its infrastructure and add smart technologies, bringing benefits to customers throughout northern Illinois.  Major accomplishments in 2012 include:  

  • Installing over 470 distribution automation devices, or "smart switches," which avoided 82,000 customer interruptions last year 
  • Replacing or treating more than 464 miles of underground residential cable –a 100 percent increase over previous years 
  • Replacing over 46 miles of mainline cable– around four times the annual average
  • Assessing over 8,000 manholes and refurbishing more than 4,500. 

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with approximately 6.6 million customers. ComEd provides service to approximately 3.8 million customers across northern Illinois, or 70 percent of the state's population.

SOURCE ComEd

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,919.59 +80.85 0.48%
S&P 500 1,981.60 +9.86 0.50%
NASDAQ 4,527.5140 +19.2020 0.43%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs