LTIIP II projects will include replacing older power transmission poles, underground and overhead lines and fuses; installing new substation equipment, network vaults and manhole covers; and reconfiguring circuits.
Approximately $123 million of the work will be carried out this year across FirstEnergy's Pennsylvania service areas, with the remainder spent over the next four years.
Expected 2020-2024 LTIIP II investments for each operating company are: Metropolitan Edison (Met-Ed) - $153 million, Pennsylvania Electric Company (Penelec) – approximately $200 million, Pennsylvania Power (Penn Power) - $72 million, and West Penn Power – approximately $147 million.
Costs associated with these service reliability investments will be recovered through Distribution System Improvement Charges (DSIC) on monthly electric bills. The bill impact in 2020 for a residential customer using 1,000 kilowatt hours (kWh) per month will be $0.64 both for Met-Ed and Penelec customers, $1.34 for Penn Power clients and $0.44 for West Penn Power customers.