Allegheny Energy Inc. is completing nearly $60 million in infrastructure improvements and new construction in Maryland over the past two years. Allegheny works year-round to ensure reliable electric service for its customers, including close to 250,000 homes and businesses in western Maryland. The company's comprehensive service reliability program includes: inspection and preventative maintenance of lines, substations and other electrical equipment; investment in infrastructure improvements; tree trimming; employee training; and testing and updating of operations and support systems. Infrastructure upgrades in Maryland include: $24 million in transmission and distribution investment for installing new service or expanding existing service for customers; $14 million for transmission line and substation projects, excluding the new PATH transmission line project; $10 million for distribution maintenance and reliability improvement projects; and $10 million for replacing distribution equipment, such as overhead lines underground cable, meters and utility poles. Among the critical projects completed in The Old Line State were: Converting the 138-kilovolt transmission system to a higher capacity 230-kilovolt system in Frederick and Montgomery counties. This multi-year project involved work at five substations. Replacing conductors on a 230-kV transmission line in southern Frederick and Montgomery counties. Replacing transformers at substations near Petersville, Point of Rocks and Thurmont. New circuits and upgrades in the Hagerstown area to address commercial and residential load growth. Upgrading underground cable in 26 locations in the Frederick, Mount Airy and Thurmont area. Installing additional fuses, switches and fault indicating devices on more than 90 distribution circuits throughout the service territory. The devices pinpoint problem areas, helping to restore service quickly. Construction of a new substation at the former Fort Richie Army Base near Cascade is scheduled for completion by the end of 2009. The substation is designed to support commercial development at the site. In addition, Allegheny spent approximately $3.5 million since September 2008 for vegetation management activities in Maryland. Trees contacting power lines and other electric facilities are a major cause of service interruptions, especially during storms and other severe weather. The company's investment for infrastructure improvements and new construction in 2008 and 2009 in its four-state service territory will total more $360 million, excluding the TrAIL and PATH transmission line projects.

Allegheny Energy Inc. announced that the Virginia State Corporation Commission has approved, without modification, an agreement between the company and the commission staff regarding the recovery of purchased power costs for the 12-month period ending June 30, 2010. Provisions of the agreement took effect on November 1, 2009. At that time, the bill for a typical residential customer in Virginia using 1,000 kilowatt-hours decreased from approximately $96 to $94 a month. Under the terms of the settlement, the company agreed to reduce the requested increase by $3.2 million primarily to reflect an over-recovery of purchased power costs for the 12-month period ending June 30, 2009.

Allegheny Energy Inc. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).