For Immediate Release
PHILADELPHIA (December 8, 2016) – As part of PECO's ongoing commitment to deliver safe, reliable, affordable and clean energy for customers, the company recently completed a significant electric enhancement project at the Philadelphia International Airport.
The $7 million project included replacement of a 13-kilovolt (kV) underground electric cable to further enhance service reliability. More than five miles of new cable was installed and 15 new manholes were constructed as part of this work to enhance the local power grid. In addition to improving system reliability, this work is part of a multi-phase plan that will support the airport.
"We continuously collaborate with our customers as part of our efforts to advance our systems that power the vital infrastructure for our region," said Craig Adams, PECO president and CEO. "This work we are doing today ensures continued reliable electric service for Philadelphia International Airport and provides the platform to support their energy needs into the future."
Teams of employees from both PECO and Philadelphia International Airport collaborated to complete this work, which began in the spring of 2016 and was completed this fall.
"The Airport is a major component of the region's economy and it is essential that we deliver consistent and reliable aviation services," said Airport CEO Chellie Cameron. "By working with PECO, we have taken another step to meet the needs of our passengers today and tomorrow."
This project is part of PECO's System 2020 plan to invest an additional $274 million during the next five years to install advanced equipment and reinforce the future electric system, making it more weather resistant and less vulnerable to storm damage. This investment is in addition to $500 million in ongoing system work completed each year, including replacing equipment and upgrading infrastructure.
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 511,000 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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