Dive Summary:
- Peco Energy Co. suspended its $650 million smart-meter installation program following 29 cases of overheating devices that caught fire; the suspension will continue until at least early October.
- Peco and representatives of smart-meter manufacturers said the overheating problems are most likely caused by “external” problems in the panels into which the meter is plugged, not by a defect in the device itself.
- Mike Innocenzo, the utility’s senior vice president of operations, told the Pennsylvania Public Utility Commission that Peco would pay for any damage associated with the fires.
From the article:
A Peco Energy Co. executive said Thursday the suspension of a ballyhooed smart-meter installation program would likely continue until early October while the utility evaluates what caused 29 of the devices to overheat and catch fire.
Mike Innocenzo, Peco's senior vice president of operations, told a special meeting of the Pennsylvania Public Utility Commission that the company was committed to the safe rollout of smart meters, some of which began overheating soon after Peco began a mass installation campaign in March. ...