For Immediate Release
PHILADELPHIA (January 18, 2017) – As part of PECO’s ongoing efforts to provide customers with safe and reliable natural gas service, the company is investing more than $5.6 million this year to enhance the local natural gas distribution system in Cheltenham Township, Montgomery County.
This work, which will begin in January and will continue through December 2017, is part of a multi-year plan to modernize PECO’s natural gas system. The project includes replacing existing natural gas main and bare steel natural gas service lines with new plastic pipe, which enhances safety, is more durable and improves service reliability.
Work will occur in phases throughout the year on the following roads:
Work will be coordinated with any planned township or other utility projects to minimize the impact on area traffic and our customers.
“We continuously review our natural gas distribution system to identify opportunities to further improve service and enhance safety,” said Ron Bradley, vice president of Gas Operations. “This work ensures we can continue to provide safe and reliable natural gas service to our customers.”
These projects are part of more than $150 million in capital investments PECO is making to its natural gas system this year. This includes inspecting equipment, completing necessary equipment repairs or replacements, performing preventive maintenance work, and installing additional natural gas main and service lines to bring natural gas service to new customers.
The company maintains a rigorous maintenance and inspection program to ensure safe and reliable service for more than 516,000 natural gas customers. PECO operates and maintains more than 12,000 miles of natural gas distribution and service lines, and 30 miles of natural gas transmission lines in Bucks, Chester, Delaware, Montgomery and Lancaster counties.
For customers not currently using natural gas, programs and incentives are available to help make choosing natural gas more affordable. And, customers continue to save money due to lower natural gas prices. PECO customers are currently paying among the lowest prices for natural gas in 15 years.
For more information about making the switch to natural gas, visit peco.com/gasconversion or call 1-866-685-5665.
Based in Philadelphia, PECO is an electric and natural gas utility subsidiary of Exelon Corporation (NYSE: EXC). The company’s 2,500 dedicated employees provide advanced, innovative energy solutions to 1.6 million electric and more than 516,000 natural gas customers in southeastern Pennsylvania. In 2015 PECO delivered 86.9 billion cubic feet of natural gas and 38 billion kilowatt-hours of electricity. The company also has an estimated annual economic impact of $4.3 billion in Pennsylvania, supporting more than 8,700 local jobs and producing $732 million in labor income. 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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