Met-Ed's $116M infrastructure spending includes $2M in York County
Metropolitan Edison Co. will spend about $116 million this year on infrastructure enhancements.
Among the planned expenditures is $2 million to enhance the transmission system in the York area, the company said. Another project involves installing equipment that maintains voltage levels.
“This is expected to benefit Met-Ed’s industrial and large commercial customers that operate large motors, drives and other machinery,” the company said in a statement.
Met-Ed will install new “sectionalizing devices” that limit the spread of power outages and will invest in tree trimming and utility pole replacement.
Met-Ed serves roughly 550,000 customers in Pennsylvania, including about 220,000 in the midstate, primarily in York and Lebanon counties. It is a subsidiary of Akron, Ohio-based FirstEnergy Corp., shares of which trade on the New York Stock Exchange under the ticker symbol FE.