JCP&L's EnergizeNJ Infrastructure Upgrade Program Approved by New Jersey Board of Public Utilities

Core Points - JCP&L will invest over 202.5 million to upgrade its electric distribution grid, starting July 1, with a focus on automation and remote control devices [1] - The EnergizeNJ program will see JCP&L invest an additional 132 million in matching projects, including $18 million for coastal substations and$9 million for mobile substations [2] - The total bill impact for a typical residential customer will be $0.86 per month, or 0.6$28 billion grid evolution program, Energize365, aimed at enhancing reliability and accommodating future energy demands [4] - JCP&L serves 1.1 million customers across multiple counties in New Jersey [5] - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving over six million customers across several states [6] Investment Initiatives - A Grid Modernization initiative will invest over $20.4 million to replace solid fuses with TripSaver II devices for improved line re-energization [8] - A System Resiliency program will allocate more than$128.9 million to optimize circuits and install remotely controlled circuit ties for enhanced reliability [8] - Substation Modernization programs will upgrade protection relays and install modern devices for better data on substation equipment [8]