PECO News

PECO Files Targeted Long-Term Infrastructure Improvement Plan to Enhance Electric Service Reliability for Customers

$1.97 billion strategic investment plan aims to prevent customer outages, modernize the

electric grid, and reduce the impact of extreme weather on electric infrastructure

PHILADELPHIA (August 21, 2025) – Yesterday, PECO filed an Electric Long-Term

Infrastructure Improvement Plan (LTIIP) as part of the company’s efforts to enhance service

reliability for customers. PECO’s plan, filed with the Pennsylvania Public Utility Commission

(PUC) for review, proposes the investment of $1.97 billion on targeted reliability-focused

electric system infrastructure investments during a five-year period from 2026 through 2030.

These strategic investments will help to prevent customer outages, modernize the electric

grid, and reduce the impact of extreme weather on electric infrastructure. This work will also

support the adoption of cleaner energy resources.

The proposed LTIIP, known as PECO’s Reliability & Resiliency 2030 Plan, is part of the

company’s broader system investment to keep the lights on and natural gas flowing for

customers. During the next five years, PECO will be investing nearly $10 billion to complete

targeted system enhancements and corrective maintenance, invest in new equipment,

inspect equipment, and perform enhanced vegetation management. Approximately one-third of the company’s overall system investment is dedicated to strategic initiatives to further improve reliability for customers.

“This plan builds on the proven success of our previous infrastructure investments, which

have already delivered meaningful improvements for our customers,” said Nicole LeVine,

PECO SVP and COO. “We’ve seen firsthand how targeted investments enhance reliability.

With our new plan, we’re taking the next step. By modernizing our infrastructure and

preparing for more extreme weather, we’re not only improving reliability today—we’re

building a smarter, stronger grid for the future.”

The plan will focus on four priority areas of infrastructure improvement for accelerated

investment, all which are aimed at preventing outages for customers. Those areas include

preventing outages related to more extreme storms, proactively replacing electric cable,

replacing or retiring aging substation equipment and small substations, and replacing aging

electric meters.

• Working to prevent storm-related outages

o To combat the effects of a changing climate and more frequent and severe

storms, like the severe storms experienced in February and June in 2025,

PECO will invest approximately $570 million on targeted investments in areas that have experienced repeated storm-related outages. Improvements

include replacing poles, wires, and other equipment to better withstand wind

and ice and retiring older substations and upgrading portions of the electric

system these facilities serve.

• Replacing aging electric cable

o Approximately $685 million will be invested to accelerate the targeted

replacement of approximately 1,000 miles of electric distribution cable,

typically installed underground, to prevent frequent and extended outages.

• Upgrading or retiring aging substation equipment and small substations

o Approximately $13 million will be allocated to proactively replace aging

substation equipment, including switchgear and associated equipment like

transformers, within substations to prevent issues before they occur. Nearly

$495 million will also be dedicated to retiring additional small, obsolete

substations.

• Replacing aging electric meters

o Approximately $206 million will be allocated to proactively replace

approximately 800,000 aging electric meters. Upgrading meters now helps

avoid potential issues like communication loss, which could impact the ability

to detect outages, perform remote operations, and receive important safety

and reliability alerts. This proactive approach ensures a safe, reliable, and

responsive electric system for customers.

In addition to improving service reliability in targeted areas, the system improvements will

also pave the way for additional cleaner energy resources, like solar, and support vehicle

electrification throughout the service area. Retiring aging substations and upgrading portions

of the electric system with new equipment and increasing the voltage of nearby circuits also

increases the ability to support more customer-owned solar generation facilities. Ensuring

reliable power also becomes more critical as the use of electric vehicles expands and

customers increasingly rely on charging capabilities at their homes for vehicles.