FirstEnergy (FE) said Thursday that its FirstEnergy Pennsylvania unit obtained approval from the Pennsylvania Public Utility Commission to implement the third phase of its long-term infrastructure improvement plans.
Under the plan, FirstEnergy Pennsylvania will invest an additional $1.42 billion over the next five years to decrease the frequency and shorten the duration of service interruptions, the company said.
The latest infrastructure improvement plans follow over $1 billion in investments during the first two phases from 2016 to 2024, FirstEnergy said.
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