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Stock impact report

TEP System Upgrades Strengthen Electric Reliability for Customers

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: Business Wire
TUCSON, Ariz.--(BUSINESS WIRE)-- Tucson Electric Power (TEP) is building new electrical facilities, upgrading transmission lines, and making other improvements to strengthen service reliability and help meet our community’s future energy needs. Over the last five years, TEP has invested approximately $1 billion to upgrade infrastructure and make other improvements to continue providing safe, reliable service for customers. TEP plans to invest about $260 million this year alone in electric transmission and distribution facilities and other resources. TEP crews and contractors recently completed construction of the 138-kilovolt (kV) Orange Grove Substation on the southwest corner of West Orange Grove and North La Canada roads. The $14 million project will alleviate potential overload conditions during summer months at three nearby substations. The new substation houses a transformer th Show less Read more
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