- Jul 13, 2022 11:34 am GMT
According to PG&E, SCE and SDG&E in this CPUC report, the costs for undergrounding existing overhead distribution infrastructure can range anywhere from $350 per foot to $1150 per foot, or $1.85 million to $6.072 million per mile. But, each utility is commited to bringing these costs DOWN through aggressive innovation and economies of scale.
And, other major IOU’s around the country like Dominion, TECO https://lnkd.in/gUWjMeCf Georgia Power, WE Energy and FPL https://lnkd.in/gKCVafq are spending billions on similar strategic undergrounding programs.
Most importantly, these utilities are evaluating the TOTAL COST OF OWNERSHIP over the life of the underground asset as they improve the reliability, resiliency, safety and the aesthetics of their systems AND modernize the grid for massive electrification in the years to come.
Read what the California regulators have to say about undergrounding and see the great opportunities for the future.
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