2020 Review and Outlook: Networks
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As customer expectations and government energy and environmental policies continue to evolve, Avangrid Networks is working to support a cleaner energy future through the implementation of new and innovative technologies, additional Distributed Energy Resources (DERs) like rooftop solar and a more sustainable business model.
Avangrid Networks continues to build, reinvest, protect and proactively modernize the grid through significant investments in our electric infrastructure and gas distribution businesses.
During 2020, Avangrid Networks invested $1.9 billion completing several projects, including three new substations, and implementing an investment of $145 million in system automation and technology upgrades that helped improve our infrastructure and technology platforms, while maintaining system reliability and resiliency for our customers.
During the last six years, Avangrid Networks has invested nearly $8.3 billion to build safe, stable and secure electric networks with greater capacity and improved reliability and resilience, with an eye toward cost-effectively meeting our customers’ needs and mitigating environmental impacts.
Increased energy efficiency efforts, along with more robust DER technology and generation, are changing the way energy flows on both the bulk and distribution electric systems. Combined with the growing adoption of additional transportation technology, mostly in the form of electric vehicles (EVs), Avangrid Networks is expecting that shifts in customer consumption patterns will impact overall system demand, particularly during peak times.

The energy industry continues to experience rapid change. The way customers interact with their utilities has evolved and will continue to evolve. Avangrid Networks remains committed to solving tomorrow’s challenges today – delivering safe and reliable electric and natural gas service to our more than 3 million customers across the Northeast. Through innovation and investment, we will continue our pursuit of a cleaner energy system that supports more sustainable communities and delivers on our commitments as the leading sustainable energy company in the U.S.

