JCP&L Power System Upgrades Underway in Mercer County
Rhea-AI Summary
Jersey Central Power & Light (JCP&L), a FirstEnergy Corp. (NYSE: FE) subsidiary, is implementing electric grid upgrades in Mercer County to enhance service reliability for nearly 1,000 customers in Hopewell Township. The project includes upgrading 4 miles of infrastructure with stronger poles and wires, installing 0.25 miles of underground wires, and implementing protective devices and TripSaver technology.
The work is part of JCP&L's Supplemental High Priority Circuit Program, which includes a $95 million first phase to be completed in three years, with a second phase targeted for completion by 2028. This initiative is part of FirstEnergy's broader Energize365 program, which plans to invest $26 billion between 2024-2028 across six states to create a smarter, more secure power grid.
Positive
- Investment of $95 million in first-phase grid upgrades
- Part of larger $26 billion infrastructure modernization program (2024-2028)
- Implementation of advanced technology (TripSaver devices) to reduce outages
- Service improvement affecting 1,000 customers
Negative
- None.
News Market Reaction
On the day this news was published, FE gained 2.20%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Nearly 1,000 customers to benefit from the project
Doug Mokoid, FirstEnergy's President of
The project includes:
- Upgrading approximately four miles of existing infrastructure in two separate areas with thicker, stronger poles and overhead wire that can safely carry more electricity and provide more resiliency in storms.
- Installing approximately 0.25 miles of underground wires connecting the two upgrade zones, providing additional flexibility and protection.
- Increasing the number of protective devices and reclosers that allow power to be rerouted to adjacent lines when an outage occurs, minimizing the number of impacted customers.
- Installing TripSaver devices, which sense temporary abnormalities along power lines, such as a tree branch bouncing off lines, and automatically reenergize the line after the condition has passed without having to send a crew to investigate.
- Conducting additional tree trimming and vegetation management to enhance service reliability.
The work is part of JCP&L's Supplemental High Priority Circuit Program, which expands upon the company's New Jersey Reliability Improvement Project, a two-phase effort to enhance reliability for customers on high-priority lines selected based on historical outage data. The first phase, which includes at least
The reliability projects underway are part of Energize365, FirstEnergy's grid evolution program focused on investing
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.