$1.1 Billion

September 24, 2015 | Number of The Day
Amount Elizabethtown Gas plans to invest upgrading its infrastructure

The increasing demand for natural gas — driven in part by plentiful supplies and historically low prices — calls for an infrastructure that can safely and reliably deliver on that demand. Aging cast-iron and steel pipes aren’t up to the task, which is why Elizabethtown Gas wants to spend more than $1.1 billion replacing 630 miles of outdated infrastructure. The proposed project, dubbed “SMART” (Safety, Modernization and Reliability Tariff), is now before the Board of Public Utilities. If approved it would take 10 years to complete; by 2027 it would reach some 282,000 Elizabethtown Gas customers in more than 85 communities.