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January 2012 Capital Investment - National Grid

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Exhibit ___ (EIOP-19)Page 98 of 684Underground CableVarious projects are in place to refurbish and/or replace distribution underground assetsto ensure the system continues to perform in a safe and reliable manner. Distributioncable replacement opportunities are being aligned with other projects such as BuffaloSubstation rebuild projects and load relief projects.Drivers:Typically, underground cables are the third highest contributor of deteriorated equipmentto CAIDI and SAIFI.Customer Benefits:Through a proactive approach, cable replacement projects reduce the likelihood andconsequences of cable failures.2011 to <strong>2012</strong> Variance:The projected investment is shown in the table below. The spending has been modifiedbased on recent experience.Table IV-16Primary Underground CableVariance ($millions)CIP FY12 FY13 FY14 FY15 FY16 FY17 Total2011 3.4 5.1 5.7 6.6 7.0 - 27.8<strong>2012</strong> - 5.4 2.5 3.4 4.5 4.5 20.2IV-22 2299

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