Con Edison Enhances Electric Reliability
Utility Reminds Customers To Be Safe -- When a snowstorm hits New York City, a "salt storm" usually isn't far behind.
The company has installed over 121,000 vented covers on manholes and service boxes that allow gases to escape if underground wiring begins to smoke or catches fire. In addition, the company has an aggressive program to replace underground cable, adding 833 miles of new wiring in 2015 alone. The replacement cable is dual-layered, insulated with a low-smoke fire-retardant jacket.
Con Edison plans to install another 55,000 vented covers by 2019. The replacement program started in 2005. The company has 246,000 manholes and service boxes in its underground electrical delivery system, which serves 2.5 million New Yorkers.
Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $45 billion in assets. The utility provides electric, gas and steam service to more than 3 million customers in New York City and Westchester County, N.Y..