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August 17, 2009: PECO Files Smart Meter Plan

On August 14, 2009, PECO filed with the Pennsylvania Public Utility Commission (“PUC”) its smart meter plan. The $650 million plan seeks to install over 1.6 million residential and commercial smart meters in addition to advanced fiber optics and wireless communication networks over a ten-year period.  If approved, substantial cost savings to customers, service improvements, and environmental benefits are expected over the life of the plan.

More information on PECO’s smart meter plan can be found at www.peco.com/SMART. A press release on the plan’s filing is available here.  
 

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