FirstEnergy utilities to invest $721 million on transmission and distribution in Ohio during 2016
Written By: Stratton Report
August 17, 2016
On August 17, FirstEnergy Corp. announced that in the second half of 2016 it is investing approximately $115 million in Toledo Edison’s service territory for distribution and transmission infrastructure projects; approximately $369 million in Ohio Edison’s service territory; and $237 million in The Illuminating Company’s northeast Ohio territory.
Of that approximately $721 million, $405 million will be spent on transmission-related projects owned by American Transmission Systems, Incorporated, a FirstEnergy transmission company.