Op-Ed: PSEG Chief on Lessons of Superstorm Sandy
Along with superstorm Sandy's hard lessons comes the challenge to move beyond the status quo and reinvent our energy future
by Ralph Izzo, chairman and CEO of PSEG In wreaking devastation across New Jersey, superstorm Sandy challenged us more than any other natural disaster in PSEG’s 109-year history. We have faced many daunting storms before, but Sandy exceeded them all in size and destructive fury. Over a two-week period our employees, assisted by thousands of workers from 24 states and Canada, made more than 2.1 million electric service restorations -- a record for any utility in the country. About 48,000 trees had to be removed or trimmed and 2,400 utility poles repaired or replaced. On top of this, Sandy left us with a massive rebuilding task. We estimate the costs of restoring our distribution and transmission system at $250 million to $300 million as a …
