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Post-Sandy: New Road, and PSE&G to Upgrade Lines

NEWARK NJ- PSE&G announced it will spend $3.9 million over the next decade to protect its electric and gas lines from damages like those incurred during superstorm Sandy. This dovetails with Gov. Chris Christie's push to rebuild a "better and stronger" Route 35 after storm devastation.

By Antoinette Martin | Updated on February 19, 2013

NEWARK, NJ-Following by a day Gov. Chris Christie’s announcement the state will push to rebuild a more storm-resistant highway along the shore, PSE&G proposed today to spend $3.9 billion over the next decade to do the same with electric and gas infrastructure.

The Newark-based utility said it asked for initial approval of $2.6 billion from the Board of Public Utilities to cover the first five years of upgrades. For the second five years, it will seek an additional $1.3 billion.

The BPU has power to approve or reject the projects, but the funds come from ratepayers. PSE&G said that the lowered price of natural gas means the impact on rates would be mitigated.

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