Washington Gas Proposes Continuation of STRIDE Plan to Accelerate Natural Gas Infrastructure Replacements & Enhancements in M...
15 Junio 2018 - 3:15PM
Business Wire
Washington Gas, a WGL Company (NYSE: WGL), today filed a 5-year
plan with the Maryland Public Service Commission to continue
progress in the Company’s Strategic Infrastructure Development and
Enhancement (STRIDE) initiative to replace aging pipelines in its
natural gas system throughout the state.
STRIDE allows Washington Gas to recover its costs as investments
are made, enabling the acceleration of natural gas infrastructure
replacement. The new plan proposes to replace 120 miles of pipeline
and 14,400 services in Maryland between 2019 and 2023.
Washington Gas is currently in the final year of the first phase
of its 22-year STRIDE program to enhance safety and improve
reliability across its Maryland system by continuing the
accelerated replacement of its distribution and transmission
systems. The Maryland General Assembly enacted STRIDE law in 2013.
Washington Gas filed its first plan in late 2013, which was
approved in 2014.
“Maryland’s STRIDE program is an innovative approach to
replacing aging gas infrastructure to enhance safety and improve
the reliability of our system. We are pleased that over the last
four years, we have been able to replace 66 miles of pipeline and
15,000 services in Maryland through March of 2018. We are proud
that these improvements also lead to a lowering of greenhouse gas
emissions,” said Adrian Chapman, President and Chief Operating
Officer at Washington Gas. “We have been delivering safe, reliable
and affordable natural gas to customers for 170 years, and our
continued investment through STRIDE positions us to keep a proven
track record of providing quality service to Marylanders for many
years to come.”
Washington Gas’ investment under the 2019-2023 plan is
anticipated to be approximately $393 million. Approval of the
filing will result in residential heating customers paying a
surcharge of 37 cents per month beginning in 2019, the first year
of the 5-year plan.
About Washington Gas
Washington Gas Light Company is a regulated natural gas utility
providing safe, reliable natural gas service to more than 1.1
million customers in the District of Columbia, Maryland and
Virginia. A subsidiary of WGL Holdings, Inc. (WGL), the company has
been providing energy to residential, commercial and industrial
customers for 170 years. Follow us @washingtongas on Twitter.
About WGL
WGL (NYSE: WGL), headquartered in Washington, D.C., is a leading
source for clean, efficient and diverse energy solutions. With
activities and assets across the U.S., WGL consists of Washington
Gas, WGL Energy, WGL Midstream and Hampshire Gas. WGL provides
options for natural gas, electricity, green power and energy
services, including generation, storage, transportation,
distribution, supply and efficiency. Our calling as a company is to
make energy surprisingly easy for our employees, our community and
all our customers. Whether you are a homeowner or renter, small
business or multinational corporation, state and local or federal
agency, WGL is here to provide Energy Answers. Ask Us. For more
information, visit us at wgl.com.
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Washington GasNews Media:Brian Edwards,
202-624-6620orFinancial Community:Douglas Bonawitz,
202-624-6129
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