Smart grid improvements for the Miami Valley region, by the powers of AES Ohio, a subsidiary of The AES Corporation, have been approved by the Public Utilities Commission of Ohio (PUCO). This milestone would accelerate AES’s commitment to bring innovative technology to its customers.
Firstly, PUCO approved AES Ohio as filed, nearly unanimous stipulation. This order allows AES Ohio to move forward with its plans to invest $249 million in capital projects; over the next four years, providing direct customer benefits through a modern, robust; also, efficient electric grid.
Secondly, the approval would be the first step in AES Ohio’s digital transformation designed to enhance reliability; and also allow our customers to experience personalized, innovative and seamless energy services.
Thirdly, according to the company’s statement, what the order approves is to implement the phase one of the AES Ohio Smart Grid Plan; with the commitment to file Phase 2 within three years.
Moreover, AES Ohio now has a resolution and a clear path to begin executing the company’s plans to modernize its electric grid; which will provide all customers with benefits such as fewer outages and enhanced communication.
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Smart grid and improved technology for Dayton City
In addition, some of the benefits that AES Ohio customers will now enjoy, are, improved net metering, with “Smart Meters” that improve the overall customer experience through better system reliability, performance and communication.
Furthermore, the installation of technology to allow “self-healing” of portions of the grid; which will isolate problems and automatically re-route power without service interruption to the customers.
Specifically for customers in Dayton city, the company will prioritize the installation of equipment, to better face extreme weather situation, like the tornadoes in 2019.
On the other hand, AES Ohio president and CEO Kristina Lund, said. “This is an important moment for our AES Ohio people and the customers we serve; as the order allows us to move forward in our digital transformation to bring all customers innovative grid technologies.”
Finally, she remarked. “We appreciated the opportunity to work with all interested parties to reach balanced and also fair settlement agreement; in order to continue our progress toward creating a smarter energy future for our customers.”