Avangrid Subsidiary RG&E Completes $23 Million Investment in New Substation in Sodus
31 January 2025 - 1:30AM
Business Wire
Part of Avangrid’s more than $7 billion in
investments in New York through 2030 to rebuild substations,
transmission lines, to improve resiliency and increase capacity to
meet the state’s growing energy demands
Avangrid subsidiary, Rochester Gas and Electric (RG&E) today
announced the completion of upgrades on a new substation in Sodus,
New York that will increase reliability and capacity for more than
3,300 residential and commercial customers in Sodus and the
surrounding area. The $23 million investment is part of Avangrid
and RG&E’s more than $7 billion statewide secured investments
through 2030, adding to its current rate base in New York of $8
billion, to modernize critical grid infrastructure projects to meet
the growing energy demands of homes and businesses and protect the
community against severe weather threats.
“With the need to upgrade and modernize our nation’s energy
infrastructure, we are moving aggressively to invest in this
critical energy need now,” said Pedro Azagra, CEO of Avangrid.
“With these investments locally and statewide, we are delivering on
our commitment to rebuild a strong, more reliable grid for our
communities.”
“This substation modernization project and related improvements
almost triple the capacity of the station for customers in the
Sodus area,” said Ricardo Cortes, unit manager for RG&E
Substation Projects. “This will improve reliability and resiliency
of the area transmission and distribution system, ensuring that the
safe and reliable distribution of power is maintained for many
years to come.”
“This infrastructure investment by RG&E is critical to the
future economic growth of Wayne County and our region,” said New
York State Senator Pam Helming. “As New York State continues to
mandate conversions to all-electric, these upgrades will help meet
the area’s growing energy demands while also improving reliability
and resiliency for existing customers.”
“I would like to applaud RG&E for taking the initiative to
upgrade the Sodus substation,” said New York Assemblyman Brian
Manktelow. “It is truly a great step forward in ensuring that it
will be well-equipped to handle the growing demand from the 3,300
customers it serves. Local investments like this are what’s going
to help the state meet our green energy goals.”
The original substation and switchgear control house at 10 Green
Street had been in place since 1966. The new substation and control
house was built at the corner of Green Street and Belden Avenue. A
new, more efficient transformer replaced the outdated version. The
new control house building contains state-of-the-art gas-insulated
switch gear technology and an updated control system. These
upgrades provide increased reliability with fewer outages.
“The Village of Sodus is happy to have had the opportunity to
work with RG&E to help remove blighted property from our
community and to improve our region’s massive infrastructure,” said
Village of Sodus Mayor Dan Ingersoll. “RG&E has fulfilled the
Village’s requests for a site plan that visually enhances the
area.”
The cost of the project was $23.1 million, which includes the
capability to convert the existing voltage from 4kV circuits to
12kV. This will help meet the community’s growing energy demands.
The modernization allows the Company to remotely monitor and
operate the substation 24/7, enhancing electric operations and
energy delivery capability, reducing crew response time, and
allowing for faster restoration during an outage.
This project, which is scheduled for completion in Spring 2025,
is part of RG&E’s investments to address aging infrastructure
and improve the overall resiliency of the energy grid, meeting
today’s challenges to better prepare for those of tomorrow.
About RG&E: Rochester Gas and Electric Corporation
(RG&E) is a subsidiary of Avangrid, Inc. Established in 1848,
RG&E operates approximately 8,800 miles of electric
distribution lines and 1,100 miles of electric transmission lines.
It also operates approximately 10,600 miles of natural gas
distribution pipelines and 105 miles of gas transmission pipelines.
It serves approximately 378,500 electricity customers and 313,000
natural gas customers in a nine-county region in New York
surrounding the City of Rochester. For more information, visit
www.rge.com.
About Avangrid: Avangrid, Inc. aspires to be the leading
sustainable energy company in the United States. Headquartered in
Orange, CT with approximately $47 billion in assets and operations
in 24 U.S. states, Avangrid has two primary lines of business:
networks and renewables. Through its networks business, Avangrid
owns and operates eight electric and natural gas utilities, serving
more than 3.3 million customers in New York and New England.
Through its renewables business, Avangrid owns and operates a
portfolio of renewable energy generation facilities across the
United States. Avangrid employs approximately 8,000 people and has
been recognized by JUST Capital as one of the JUST 100 companies –
a ranking of America’s best corporate citizens – in 2024 for the
fourth consecutive year. In 2024, Avangrid ranked first among
utilities and 12 overall. The company supports the U.N.’s
Sustainable Development Goals and was named among the World’s Most
Ethical Companies in 2024 for the sixth consecutive year by the
Ethisphere Institute. Avangrid is a member of the group of
companies controlled by Iberdrola, S.A. For more information, visit
www.avangrid.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250130277426/en/
Media Contact: Alexis Arnold alexis.arnold@avangrid.com
585.953.3159
Avangrid (NYSE:AGR)
Historical Stock Chart
From Dec 2024 to Jan 2025
Avangrid (NYSE:AGR)
Historical Stock Chart
From Jan 2024 to Jan 2025