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BUSINESS
March 18, 2013 | By Andrew Maykuth, Inquirer Staff Writer
Undaunted by its experience with overheating smart meters, Peco Energy Co. has proposed accelerating the installation of the devices to all 1.6 million customers by the end of 2014, five years ahead of current plans. The Philadelphia utility has asked the Pennsylvania Public Utility Commission to allow it to spend $282 million to complete the installation of the new generation of meters by the end of next year. Peco says that the accelerated installation program will save $58 million, largely by eliminating the need to maintain two different meter systems until 2019, when the utility had originally agreed to swap out the older devices.
BUSINESS
December 7, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Harry Christian knocked on the door of a rowhouse in North Philadelphia, but the resident who had agreed to allow a Peco Energy Co. technician to install a new electric meter was not home. "She went to work," said a neighbor sweeping leaves on North Lambert Street. Peco Energy has installed 1.7 million new-generation smart meters in its six-county service territory, more than 99.2 percent of a planned deployment over five years. But the last remaining customers are a chore. "Now we're down to the hard-core accounts," said Christian, who set off for a rear alley to see whether the customer's meter was accessible.
BUSINESS
May 18, 2012 | Andy Maykuth, INQUIRER STAFF WRITER
The Institute for Electric Efficiency, a utility industry trade group, said Thursday that 36 million smart meters are now installed, up from 27 million in September, and that 65 million households will have the devices by 2015, about half the American households. In a report , the institute estimates that 22 electric utilities in 16 states will have smart meters fully deployed by the end of this year, including PPL Electric Utilities, Allentown, which rolled them out in 2004.
BUSINESS
August 17, 2013 | By Andrew Maykuth, Inquirer Staff Writer
The Pennsylvania Public Utility Commission on Thursday approved Peco's plan to accelerate the installation of smart meters to all 1.6 million customers by the end of 2014, ushering in the age of dynamic electric pricing. About 619,000 customers now have the digital devices, and the decision allows Peco to spend $282 million to complete the program five years early. Peco said that the accelerated installation would save $58 million by eliminating the need to maintain two different meter systems until 2019, when it had originally agreed to swap out the older devices.
BUSINESS
September 15, 2012 | By Andrew Maykuth, Inquirer Staff Writer
HARRISBURG - A Peco Energy Co. executive said Thursday that the suspension of a ballyhooed smart-meter installation program would likely continue until early October while the utility evaluates what caused 29 of the devices to overheat and catch fire. Mike Innocenzo, Peco's senior vice president of operations, told a special meeting of the Pennsylvania Public Utility Commission that the company was committed to the safe rollout of smart meters, some of which began overheating soon after Peco began a mass installation campaign in March.
BUSINESS
October 10, 2012 | By Andrew Maykuth, INQUIRER STAFF WRITER
Peco Energy Co. announced Tuesday it will resume its ambitious smart-meter installation program after pulling the plug on a manufacturer whose devices had been linked to a series of fires. The Philadelphia utility suspended the $650 million program in August after several incidents in which the electronic devices overheated and caught fire. Two of the incidents resulted in serious house fires, though none resulted in injuries. Peco hired Underwriters Laboratories (UL) and two independent consultants to examine the meters.
NEWS
October 11, 2012 | By Andrew Maykuth, Inquirer Staff Writer
Peco announced Tuesday that it would resume its ambitious smart-meter installation program after pulling the plug on a manufacturer whose devices had been linked to a series of fires. The utility suspended the $650 million program in August after several incidents in which the electronic devices overheated and caught fire. Two of the incidents resulted in serious house fires, though none resulted in injuries. Peco hired Underwriters Laboratories (UL) and two independent consultants to examine the meters.
BUSINESS
August 17, 2012 | By Andrew Maykuth, Inquirer Staff Writer
Peco Energy Co. on Wednesday suspended its ambitious smart-meter installation program after 15 of the electrical devices overheated, including one that set fire to a home in Bucks County. The utility, which has installed 186,000 devices since March, said it has temporarily halted the project to investigate the cause of the malfunctions. "We want to make sure we understand exactly what is happening, since safety is our top concern," said Cathy Engel Menendez, the utility's spokeswoman.
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NEWS
April 2, 2016 | By Andrew Maykuth, STAFF WRITER
Peco Energy Co. said Thursday that its 1.6 million customers last year experienced the shortest average outage duration and second-fewest number of outages in company history, which it attributed to a ongoing program of infrastructure improvements, including the installation of smart meters. The Philadelphia utility reported fewer than one outage per customer last year - the 0.72 outage rate was second only to the 0.69 outages reported in 2013. The average outage duration was 84 minutes, a record.
BUSINESS
February 27, 2016 | By Andrew Maykuth, Staff Writer
For the second time in a month, the Pennsylvania Public Utility Commission ordered Thursday a hearing on a customer complaint that a Peco Energy Co. smart meter is responsible for a health problem. By a 4-1 vote, the PUC rejected an administrative law judge's recommendation to dismiss the complaint of Stephen and Diane Van Schoyck of Langhorne and sent the case back for a hearing on the couple's assertion that they have experienced health problems and difficulty sleeping since Peco installed a smart meter in 2015.
BUSINESS
January 30, 2016 | By Andrew Maykuth, Staff Writer
The Pennsylvania Public Utility Commission on Thursday cracked open the door for opponents of the state's compulsory smart-meter deployment policy, allowing a hearing on a customer's complaint that the installation of a wireless meter outside her bedroom caused her to get sick. In a 4-1 vote, the PUC rejected Peco Energy Co.'s petition to prevent an administrative law judge from hearing the health complaints of Susan Kreider, a registered nurse who said she suffered "deleterious health effects" after Peco installed the new meter on her Germantown home in 2013.
BUSINESS
December 7, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Harry Christian knocked on the door of a rowhouse in North Philadelphia, but the resident who had agreed to allow a Peco Energy Co. technician to install a new electric meter was not home. "She went to work," said a neighbor sweeping leaves on North Lambert Street. Peco Energy has installed 1.7 million new-generation smart meters in its six-county service territory, more than 99.2 percent of a planned deployment over five years. But the last remaining customers are a chore. "Now we're down to the hard-core accounts," said Christian, who set off for a rear alley to see whether the customer's meter was accessible.
BUSINESS
September 9, 2013 | By Andrew Maykuth, Inquirer Staff Writer
Craig L. Adams, 60, a Kentucky native, has held many jobs at Peco Energy Co. and its parent company, Exelon Corp., since he started in 1989. For the last 18 months, he has been the president and chief executive officer of Peco. The company serves 1.6 million electric and 490,000 gas customers in Southeastern Pennsylvania. It employs about 2,400 people, owns $9 billion in assets, and generates about $5.6 billion in annual revenue. Question: Your degree is in math and economics, and much of your career at Peco and Exelon has been overseeing support, supply, and training.
ENTERTAINMENT
August 24, 2013 | By Alan J. Heavens, Inquirer Real Estate Writer
At long last, there is an answer to why a reader's newly installed "smart meter" reported normal usage for one or two days, then surged for the next day or two - following no particular pattern. Oddly enough, the answer came to me the week after I first published the reader's inquiry, but until the investigation was completed, I didn't know that it was correct. "We have since found out that we had a leak in our well," the reader writes. "Who would have thought that the well pump running 24 hours a day could almost double our electric usage?"
BUSINESS
August 17, 2013 | By Andrew Maykuth, Inquirer Staff Writer
The Pennsylvania Public Utility Commission on Thursday approved Peco's plan to accelerate the installation of smart meters to all 1.6 million customers by the end of 2014, ushering in the age of dynamic electric pricing. About 619,000 customers now have the digital devices, and the decision allows Peco to spend $282 million to complete the program five years early. Peco said that the accelerated installation would save $58 million by eliminating the need to maintain two different meter systems until 2019, when it had originally agreed to swap out the older devices.
BUSINESS
March 18, 2013 | By Andrew Maykuth, Inquirer Staff Writer
Undaunted by its experience with overheating smart meters, Peco Energy Co. has proposed accelerating the installation of the devices to all 1.6 million customers by the end of 2014, five years ahead of current plans. The Philadelphia utility has asked the Pennsylvania Public Utility Commission to allow it to spend $282 million to complete the installation of the new generation of meters by the end of next year. Peco says that the accelerated installation program will save $58 million, largely by eliminating the need to maintain two different meter systems until 2019, when the utility had originally agreed to swap out the older devices.
NEWS
October 11, 2012 | By Andrew Maykuth, Inquirer Staff Writer
Peco announced Tuesday that it would resume its ambitious smart-meter installation program after pulling the plug on a manufacturer whose devices had been linked to a series of fires. The utility suspended the $650 million program in August after several incidents in which the electronic devices overheated and caught fire. Two of the incidents resulted in serious house fires, though none resulted in injuries. Peco hired Underwriters Laboratories (UL) and two independent consultants to examine the meters.
BUSINESS
October 10, 2012 | By Andrew Maykuth, INQUIRER STAFF WRITER
Peco Energy Co. announced Tuesday it will resume its ambitious smart-meter installation program after pulling the plug on a manufacturer whose devices had been linked to a series of fires. The Philadelphia utility suspended the $650 million program in August after several incidents in which the electronic devices overheated and caught fire. Two of the incidents resulted in serious house fires, though none resulted in injuries. Peco hired Underwriters Laboratories (UL) and two independent consultants to examine the meters.
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