EXETER TWP., Pa. — Met-Ed is upgrading its methods in Berks County in an try to stop outages and cut back the size of disruptions from extreme storms.
The Muhlenberg Township-based utility will set up distant managed tools on an influence line in Exeter Township to enhance service to about 1,100 of its clients.
Met-Ed, a subsidiary of FirstEnergy Corp., stated it’s investing $153 million in a five-year capital program, its long-term infrastructure enchancment plan. The objective is to extend the reliability of electrical service. The Exeter work is a part of that plan.
“That is the newest of a number of initiatives we have lately undertaken in Exeter Township on each overhead and underground energy strains,” Scott Wyman, president of FirstEnergy’s Pennsylvania operations, stated in an announcement.
Wyman stated “sensible units” will enable system operators to watch energy strains and remotely function switches to isolate injury.
The automated units will probably be put in on a half-mile stretch of Oley Highway Turnpike, between Beecham Highway and Route 562. That work will profit clients within the Farming Ridge, Glen Oley Farms and different areas.
The work will probably be accomplished this fall.
Met-Ed lately put up a half-mile energy line alongside Gibraltar Highway, from Shelbourne Highway to shut to Route 422. The corporate will be capable to swap clients from one energy line to a different in case of harm. That venture will deliver safer energy to clients in Pathfinder Meadows, Exeter Golf Course Estates, Nation Membership Estates, Windspread and Dunham Drive developments, the corporate stated.
Met-Ed serves about 580,000 clients in a 3,330-square-mile space of jap and southeastern Pennsylvania.
FirstEnergy is predicated in Akron, Ohio, and is traded on the New York Inventory Change below the ticker image FE.
Shares within the firm final traded at $39.91. Prior to now 52 weeks, FirstEnergy shares have traded as excessive as $48.85 and as little as $35.32.
The corporate’s market worth (share worth occasions variety of shares excellent) is $22.8 billion.
