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Despite Higher Costs, Electric Utilities Increasingly Favor Undergrounding
Update EEI Report Says Aerial Lines Remain Far More Economical
“The available data has demonstrated that utilities are investing significantly in the construction of new underground facilities, spending over 4 percent of transmission dollars annually and over 20 percent of distribution dollars annually on underground construction.
“The future of such conversions will hinge on the ability of customers, utilities and utility regulators to work together to find viable funding approaches that meet customer expectations and compensate utilities for the cost of placing electrical facilities underground.”