For Immediate Release
PHILADELPHIA (October 9, 2014) – PECO will spend approximately $1.7 million on seven projects to expand natural gas availability and improve service for customers in the Jenkintown Borough, Montgomery County. Work began in early June and will continue into early 2015.
These projects include the replacement of existing natural gas main and bare steel natural gas service lines with new plastic pipe, which enhances safety, is more durable and improves service.
Work will be completed on Old York Road between Summit Avenue and Homestead Road. PECO also will complete work on portions of Cedar, Division, Healy, Linden, Maple and Walnut streets. In addition, work will be completed on Florence, Greenwood, Highland and West avenues and on Yorkway Place.
The projects are part of nearly $90 million in capital investments that PECO is making to its natural gas system this year. This includes inspecting equipment, completing necessary repairs or replacements, performing preventative maintenance work, and installing additional natural gas main and service lines to bring natural gas service to new customers.
"Each year, we review system performance and identify areas to meet the growing needs of our customers," said Ron Bradley, PECO vice president of Gas Operations. "This work ensures we can continue to provide safe, reliable natural gas service to our customers."
PECO serves about 167,000 natural gas customers in Montgomery County. The company maintains a rigorous maintenance and inspection program to ensure safe and reliable service for more than 500,000 natural gas customers. PECO operates and maintains more than 12,000 miles of natural gas distribution and service lines, and 31 miles of natural gas transportation lines in Bucks, Chester, Delaware, Montgomery and Lancaster counties.
Based in Philadelphia, PECO is an electric and natural gas utility subsidiary of Exelon Corporation (NYSE: EXC). PECO serves 1.6 million electric and more than 500,000 natural gas customers in southeastern Pennsylvania and employs about 2,400 people in the region. PECO delivered 85.7 billion cubic feet of natural gas and 37.8 billion kilowatt-hours of electricity in 2013. Founded in 1881, PECO is one of the Greater Philadelphia Region's most active corporate citizens, providing leadership, volunteer and financial support to numerous arts and culture, education, environmental, economic development and community programs and organizations. For more information visit PECO.com, and connect with the company on Facebook and Twitter.
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