CHICAGO— Across the six [ (Nasdaq: EXC) utilities in 2021, customers again experienced a year of historically strong electric service reliability as a result of the company's strategic investments in energy grid resiliency and modernization, coupled with a commitment to operational excellence and affordability. [’s results emphasize the importance of hardening the grid against the effects of climate change to counter the trend of decreasing grid reliability identified in a recent.
“We’re proud that [’s utilities have turned in a year of exceptionally strong reliability in our service territories, even as evidence suggests that the grid is even more challenged by increasingly extreme weather events,” said Calvin Butler, [’s Chief Operating Officer. “Our company and employees are committed to serving our customers with excellence and creating a stronger, modernized grid to stand up against the effects of climate change. Not only are we responding to the effects of climate change on the grid today, we also are committed to reducing the impact of our operations by cutting our operational emissions in half by the end of this decade and achieving net-zero operational emissions by 2050.”
Highlights of 2021 electric service reliability performance across [ include:
Atlantic City Electriccustomers experienced the lowest frequency of electric outages ever. The frequency of outages has improved by 60 percent over the last 10 years.
BGEcustomers experienced the second-lowest frequency of interruptions in the company's history. Since 2010, the number of electric outages has decreased 45 percent and outage length has been reduced by 37 percent.
ComEddelivered some of its highest levels of year-over-year reliability. Since grid improvements began in 2011, overall reliability has improved 68 percent and ComEd has avoided more than 17 million outages for customers, saving more than $3 billion in outage costs. In the first three months of this year, ComEd customers experienced.
Delmarva Powercustomers in Maryland experienced the lowest frequency of electric outages and the fastest service restoration times, on average, in the company's history. The average number of outages for customers in Delaware was almost 41 percent lower than in 2011, and restoration times were the fastest in the company's history.
In 2021,PECOinvested over $1 billion in reliability-focused infrastructure improvements to help prevent customer outages, modernize the electric grid and promote adoption of clean energy options. PECO’s modernized grid saved over 1 million customers from experiencing an outage in 2021.
Pepcocustomers in Maryland experienced the lowest frequency of electric outages ever. District of Columbia customers experienced the second lowest frequency of electric outages ever, just shy of the record set in 2020. Over the past decade, the frequency of electric outages Pepco customers have experienced has decreased 69 percent.
Across [, service reliability for customers continues to improve despite an increasing threat of severe weather--the primary cause of widespread, protracted outages. For example, six of the 10ever to hit PECO's service territory have occurred in the last decade, and an August 2020 storm in northern Illinois was so intense nearly one in four ComEd customers lost power (to more than 500,000 customers within a day).
Significant, targeted investments are making the electric grid more resilient to these powerful storms and other events that affect reliability.
The full breadth of this and other reliability work at [ is vast, and the company plans to invest $29 billion over the next four years to further improve service.
More information about ['s utilities is available atexeloncorp.com.
Get Instant updates when [ has news