One such upgrade includes an outage management system that will clearly identify which homes are lacking power and individualized reports for each town with a detailed 3-day timeline for fixes. Critically, the 12 year PSEG service contract can be terminated early if it does not receive positive performance reviews following two consecutive storms.
Daly also added that PSEG will spend $30 million, mostly funded with Superstorm Sandy aide, to trim trees to standard, which will hedge against downed power lines in future storms.
PSEG is committed to creating a cleaner and more resilient grid. While Daly commented that the solar rebate programs will mimic LIPA’s in its first year, he said they are developing a proposal called “Grid 2.0” to release in mid-2014 that will address the future of the electric grid on Long Island, and its integration with solar, wind, and other renewable resources.
In response to a question from EmPower Solar CEO David Schieren about leveraging market based forces, such as real-time electricity pricing, to increase solar energy penetration, Daly said that he agreed 100% and that the report would study the option seriously.
The new Long Island electric utility will be branded PSEG-LI. About 150 employees will move to Long Island from NJ, including Daly, but most of the former employees at National Grid will make up the new PSEG-LI workforce. Daly commented that National Grid employees are “skilled, and up to speed.”
“We’re bringing our full force of our name and reputation to Long Island,” Daly said. EmPower has invited Mr. Daly to visit our Island Park headquarters so we can show off the strong south shore recovery. We look forward to seeing you!