Con Edison Plans to Invest in Preparation for Future Storms

As hurricane season soon approaches, Con Edison announced Tuesday plans to invest one billion dollars on storm protection measures in New York City and Westchester County over the next four years. Higher perimeter walls, water-resistant sealant in conduits and "smart" switches that isolate damaged system areas are some of the steps the company is taking to prepare for summer.

"Sandy causes incredible damage to our energy delivery systems, disrupting the lives of millions of New Yorkers," Kevin Burke, chief executive officer of Con Edison, said in a statement. "While we recognize that these weather events represent a "new normal." our goal through our investments is to lessen the hardships that violent weather causes for our customers."

At a cost of $200 million, the company said they are looking to bury close to 30 miles of overhead power lines in New York City and Westchester County in the next few years.

The investment will cost typical electric consumers in New York City $3 more per month. Burke said.