FirstEnergy s Pennsylvania Utilities Wrap Up 2020 Projects to Strengthen, Modernize Power System
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GREENSBURG, Pa., Jan. 26, 2021 /PRNewswire/ FirstEnergy Corp. s (NYSE: FE) Pennsylvania utilities completed more than $120 million in major projects over the last year that include infrastructure and technological upgrades to the electric distribution system. The investment is part of a five-year plan designed to enhance electric service reliability and minimize the impact of outages for two million customers served by Pennsylvania Power (Penn Power), West Penn Power, Pennsylvania Electric Company (Penelec) and Metropolitan Edison (Met-Ed).
Known as FirstEnergy s Long Term Infrastructure Improvement Plan (LTIIP II), the $572 million capital investment plan, which runs from 2020-2024, builds on $360 million in similar system improvements made from 2016-2019 during phase one of the plan. LTIIP projects include accelerated distri