today, all the has from growth Thank it's take prospects presentation Good you, been never of morning, there's you, Avangrid that one thought If of Thank my away business to you better. Networks the that I Rich. within want Jim. everyone.
elimination rate storage focusing into statistics the X a as heard growth growth areas our now integrate on X% an most potential of footprint. the base needed to some latest we also now of from storage You've the of in X.X%. our will to upon include that network going utility as to investment see and as investments organization electric be our going as investment around vehicles system, further of we throughout how electric and battery we potential facilitate in the and in, notably, branch at well outside transmission we're for to year traditional out based our we're territory vehicles service look battery in we're ago, doesn't the year. Based looking that we're transmission about the of and benefits bonus forecasts depreciation, It various include talked at with about growth the About already including Jim. compound associated not jurisdictions. That any subject potential does growth several rate RFPs
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our great So at, it again, at great business situation, to a us puts a really forward. going position grow
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XX% or in slightly AMI our DSIP smart now we expect as in with the electric in plan in there of and of of the York well is that, XXXX, $X implementation shy to just meters full between X largest distribution, projects over as New About So York. XX%, spend billion. being New
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talk bit expect regulatory Now just coming little the for for we on to the a year. and what
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million So on about New FERC, on can basis. million we're in an $XX $XX estimating to million to million That Maine. and $XXX million Connecticut about a in That's $XX you $XX sense annual York, aggregate in in give go back magnitude, consumers. of
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good years. that's So for few a
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its structures is So a of failing. line where are XX-year-old some this
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particularly and AMI. York, New get that in to on expect I've earnest mentioned In We A XXXX. DSIP. to in AMI working elaborate, just couple things on
next the we other and with So parties steps follows. on staff have are in this. been negotiations The as
commission be an project summer, month, on We updated that hope the providing that of the our of of parties on and kV. forward can investment one as Brightline. by end that reach path that's XXX is, upgrade the will quarter cost for really year. in York systems we begin touched agreement meters data this installing Jim current by in system us on the standards end a required other to with is or the by this is and staff our second affected New and NERC over we systems to end and our of Most in XXX next have those This kV that the anything this well. Maine. approve the so March,
So XX of we transmission and XXX lines. miles substations to provide to updates have about
seeing secure about and period, we get that $XXX beyond the million, through no year. next $XXX as million $XXX it permits whatever necessary see permitting and will well. next are we're other the million approvals, over that's working on further that there's that or requires and investment $XXX to Of XXXX, the in million as investment Over be
to my our projections. I'm Now of rest long-term presentation the in not going to speak through everything is
So the I all upside CAGR this is X% rate that of mentioned potential business to Networks in terms base. for the
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the first and expect the next then results QX. of by final quarter to end We have recommendation month preliminary by by a
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be contracts then necessary really next Mass to the develop with diligently the we this. So month to submitted the approval. for going team DPUC about We're very working good evaluation can of to the be the that feel over position
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estimates, years, the built XX to $XX run over in and of of $XX or billion And next that billion, these amount think at areas. as year. we transmission billion to they into be will need as look you the If tapping successful expertise we the a some have to be the $XXX high know-how
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to DSIP what you as for York, Connecticut also of the getting vehicles. Maine New submitted and and it help if towards infrastructure happen. viewed XXXX. progress result very part was would, in look shift we touched of investments Depending in all XX%, where kick-start, vehicles, to electric some be which be mentioned, XX some We'll as of will smart to I feasible XX%, penetration in that significant grid lastly, will if community front electric about made probably front our to years, penetration, XX% the plan. then the the you Jim putting is Ithaca assume by of that next start proposals in place. you make in in And good upon XXXX the upon in put
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this terms Networks across about how all to put is qualified further or efficiency that's from install, year learn a rooftop of someone in really forward. to this looking out consumers roll if also project for find our energy for portal to engagement, example, The buying going various We want interested this in key they're equipment for we can because we solar. together businesses
we And and learning DER I further So an the that that fully we're looking to roll better to a we this because commission very this very from we'll and learned to rates conserve we're to in a that adjust again, it's that used engage. giving We're Again, them as tell energy excited is enablers in in one information whether area how time for them better data you for their putting AMI use they're can or the New inform out, all use of opportunity. place York. consumers, very, following York New closely, about usage. looking
ever actually the terms back And experienced outages Maine, would our good of the major customers So challenges. a storms had. year. I occurred in storm where then with want men a that, I your It the in Networks. had top of X in where Rochester, than AVANGRID It very be guests of storm to larger may mentioned all and thank you X wind of was of women didn't a XXXX. We March also for last again affected. in in storm was not storm had X/X all XXXX. attention. in Rochester we in ice storm the had if We year, October, remiss you a were recall again, X I thank of I its we same without in in once
like You things take had on. we projects going that, numerous
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important But of on lot organization that the the it. all, it reliable uncertainty. you safe and organization, in did and and manner, We serving a through a is creates have people job what's integration really at our and exiting focused a most great customers
everyone So the from thanks to organization. Networks
Laura. that, with to over So turn I'll it
