Atlantic City Electric, which recently completed its 2009 infrastructure improvement program, announced today it is applying for a three-year extension, beginning next year, to continue improving reliability.
The application, filed with the state Board of Public Utilities on Wednesday, is for authorization of $69 million in capital spending. Atlantic City Electric said the 2009 program, which consisted of 16 projects and $27.6 million in capital spending, created 59 construction jobs by accelerating the infrastructure improvement.
“We’re pleased to continue this statewide initiative to revitalize the state’s economy and enhance service to our customers,” said Vince Maione, Atlantic City Electric region president.
Atlantic City Electric said it anticipates the new plan would help improve 12 categories of reliability and create an estimated 100 construction jobs.
The average residential customer, using 1,000 kilowatt-hours a month, would see an increase on their bill of 83 cents. Spokeswoman Sandra May said in an e-mail that any increases to business customers would depend on the business’s usage.
