April 12, 2017
Waltham, MA -- The National Grid gas and electricity networks that keep millions of customers’ heat and lights on, received record-breaking levels of investment last year.
“We know our customers and communities depend on us to provide energy delivery services upon which our local economies run,” said Marcy Reed, president of National Grid in Massachusetts. “We, myself included, can take for granted that we have gas and electricity when we need it. But there’s a lot that goes into making sure we all have the reliable energy we expect.”
National Grid invested more than $865 million in 2016 to ensure continued safe and reliable service to its 900,000 natural gas and 1.3 million electricity customers: The highest level of investment ever for the company in Massachusetts. The company invested approximately $540 million in natural gas upgrades and $325 million in electricity system improvements. As part of the company investment in its electricity system, more than 8,500 poles, 6,000 transformers and 190 miles of power lines have been replaced.
In addition, the company upgraded dozens of substations and other electrical equipment, enhancing service reliability. Work included construction on the “Union Loop” in the Foxborough area; substation upgrades in Everett; underground cable replacement in Brockton and the Cape Ann area; and electricity distribution system enhancements in Worcester. Gas system investments included replacing more than 160 miles of gas pipe with new, plastic piping, helping to reduce gas leaks. The company also added 25 miles of new gas mains and connected more than 7,700 new residential and commercial customers who wanted to switch from oil to gas. The company upgraded 15 gas facilities such as regulator stations and liquefied natural gas facilities that enhance the safety and reliability of the system.
Additionally, work continues on a major project on Cape Cod to install nearly seven miles of new gas main between Sandwich and Barnstable to increase gas capacity and service reliability in the area. The initial phases of the project included the completion of 4.4 miles in December of 2016. The final phase includes 2.2 miles, which will be completed in December 2019.
System investments are funded through standard customer delivery rates, which the company works to keep as low as possible while ensuring safe and reliable service.
About National Grid
National Grid (LSE: NG; NYSE: NGG) is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.
Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities' long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization).