PECO filed a plan with the Pennsylvania Public Utility Commission to install more than 1.6 million residential and commercial smart meters and deploy advanced communications networks. One of the largest investments in company history, the $650 million plan – along with the company’s broader smart grid plan and recent stimulus grant application – could save customers about $1.5 billion during the life of the project, improve service and benefit the environment.
PECO’s smart meter plan will seek approval to install the advanced metering infrastructure, backbone communications network and information systems to integrate customer energy usage with utility operations. The communications networks – fiber optics and wireless – will enable two-way communication. If approved, the company would build an advanced metering infrastructure (AMI) and provide smart meters to all of its 1.6 million customers in 10 years.
PECO Filing: