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More than $202 million in investments planned to upgrade electric grid
HOLMDEL, N.J., April 24, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is set to expand smart grid technology across its northern and central New Jersey service territory following approval from the New Jersey Board of Public Utilities (BPU) for its EnergizeNJ infrastructure investment program (IIP).
In accordance with a BPU-approved agreement, JCP&L will invest more than $202.5 million over a three and a half year period starting July 1 to upgrade the company's neighborhood electric distribution grid with an increase in automated and remotely controlled devices.
Doug Mokoid, FirstEnergy's President, New Jersey: "JCP&L is committed to making smart, responsible investments in our infrastructure that enhance the reliability our customers expect and deserve as well as the safety of our crews in the field. EnergizeNJ will allow us to reduce the length and number of customers affected by outage events and protect our line workers who are on the front lines of restoring power."
The EnergizeNJ program includes:
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More than $20.4 million in a Grid Modernization initiative that will replace solid fuses along power lines with TripSaver II devices, which can sense temporary abnormalities along power lines, such as a tree branch contacting power lines, and automatically reenergize the line after the condition has passed, as well as remotely controlled devices that allow for faster isolation of damage.
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A System Resiliency program that will invest more than $128.9 million to optimize circuits (or groups of power lines) for added operational flexibility and reliability, install remotely controlled circuit ties that can move customers to neighboring circuits during outage events and modernize devices along power lines.
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Substation Modernization programs designed to upgrade protection relays in substations and install newer, more modern devices that will provide enhanced data on physical substation equipment to operators at JCP&L's control centers.
JCP&L will make additional investments of at least $132 million in matching projects during the program period. These upgrades include more than $18 million to replace vital components at coastal substations susceptible to the effects of salt and nearly $9 million for new mobile substations, which can be moved throughout JCP&L's territory to allow for necessary maintenance or in emergency outage situations.