NJ's Biggest Utility Plans $4B Upgrade After Sandy

4:03 PM, Feb 20, 2013   |    comments
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The chairman of New Jersey's largest utility company says a proposal to make electrical infrastructure more stormproof is a move to "protect our way of life in the face of extreme weather."

Newark-based PSE&G on Wednesday revealed its plans for $3.9 billion in upgrades over 10 years.

The company wants to build barriers around substations in flood-prone areas, make overhead power lines in many areas able to survive 65 mph winds and use technology to make outages easier to restore.

PSE&G Chairman Ralph Izzo says that because of fees coming off electric bills in coming years, it can all be done without raising rates for customers.

Nearly all of PSE&G's 2.2 million residential and business customers lost power during Superstorm Sandy last year.

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