In an unprecedented show of support for PSE&G’s plan to protect utility
infrastructure from the ravages of extreme weather, leaders from more
than 100 town and counties representing more than five million people
have gone on record urging the Board of Public Utilities (BPU) to
approve “Energy Strong.” Ridgefield and Lyndhurst passed resolutions
last night, bringing the total to 101 supporters.
Hearings on the company’s “Energy Strong” proposal start today, with six
days of hearings scheduled through March 4th. Settlement talks among the
parties continue as well. PSE&G submitted its proposal a little over one
year ago.
“Local leaders remember clearly the devastation that occurred in the
wake of Hurricane Irene and Superstorm Sandy,” said Ralph LaRossa,
president and COO of PSE&G. “They understand the hardships and the costs
imposed by extended outages, and they want to see steps taken to protect
against the next storm.”
Sandy interrupted power to close to two million PSE&G customers, who
went a combined 164 million hours without electricity. Water from Irene
and Sandy damaged 29 switching and substations.
“Energy Strong” is a ten-year $3.9 billion program that that would put
5,800 people to work making upgrades that would significantly reduce the
number of customers who might lose power in a future storm and reduce
the duration of any outages that did occur.
The proposal calls for hardening 29 substations by either erecting flood
walls or raising the stations, strengthening distribution lines,
deploying technologies to help restore customers more quickly, burying
key segments of wires underground and protecting gas substations against
flooding.
“We have put forth a robust plan to make investments that would make New
Jersey’s energy infrastructure more resilient for generations to come,”
LaRossa said. “These are investments we can make now that will avoid
future hardships for our citizens, our local businesses and our most
vulnerable residents - seniors.”
These improvements will benefit all of PSE&G’s customers and can be made
with little impact on bills because of charges that are set to expire
and roll off in 2014 and 2016.
In addition to support from elected officials from 101 towns and
counties, “Energy Strong” has garnered support from dozens of business
groups, labor unions, businesses, health care and educational
institutions. For a complete list, go to www.njenergystrong.com.
Public Service Electric and Gas Company (PSE&G) is New Jersey’s
oldest and largest regulated gas and electric delivery utility, serving
nearly three-quarters of the state’s population. PSE&G is the winner of
the ReliabilityOne Award for superior electric system reliability. PSE&G
is a subsidiary of Public Service Enterprise Group Incorporated (PSEG)
(NYSE:PEG), a diversified energy company (www.pseg.com).
