Summer is just around the corner and ComEd is ready. ComEd’s system investment and continuous projects this year will help ensure safe and reliable service to keep homes and businesses cool during the hot summer months. This work includes substation equipment upgrades, new transmission wire and pole installations, and circuit and equipment inspections.
“Our customers depend on us to provide safe and reliable service every day regardless of the conditions,” said Terence R. Donnelly, executive vice president and COO, ComEd. “The advance work that we have completed will help us keep the lights on for our customers as we move into the summer months.”
In a presentation to the Illinois Commerce Commission, ComEd outlined steps the company is taking to prepare for the summer storm season.
In 2012, ComEd formed a storm task force and has made more than 60 enhancements to its storm restoration process. These enhancements included GPS and mobile dispatch technology to more efficiently manage crews to expedite restoration, a mobile operations center to bring ComEd closer to customers in hardest hit areas, and more efficient management of contractor crews. ComEd is continuing to build on these process improvements, with new areas of focus this year including an enhanced damage assessment process, better coordination of vegetation management crews and improved material staging to ensure readiness during severe weather. Over the past two years, process improvements already in place have resulted in a 30 percent improvement in restoration time.As part of the Energy Infrastructure Modernization Act (EIMA), or Smart Grid law, ComEd is in the midst of a 10-year, $2.6 billion program to modernize its electrical grid. The program includes $1.3 billion to upgrade and storm harden its electric system by replacing thousands of miles of cable and thousands of poles and upgrading substations and other equipment. The utility will spend another $1.3 billion to digitize the system into a Smart Grid.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts