New Jersey Resources (New Jersey Resources) Total Electric Transmission Line Miles : 0.00 (As of Mar. 2024)

New Jersey Resources Total Electric Transmission Line Miles Chart

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Competitive Comparison of New Jersey Resources's Total Electric Transmission Line Miles

For the Utilities - Regulated Gas subindustry, New Jersey Resources's Total Electric Transmission Line Miles, along with its competitors' market caps and Total Electric Transmission Line Miles data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Jersey Resources  (NYSE:NJR) Total Electric Transmission Line Miles Explanation

Transmission lines are a high voltage line that carries electricity from power plants to the substations. From there, electricity is further distributed to various areas for different purposes. Transmission lines and distribution lines make up the entire electricity grid, which consists of hundreds of thousands miles of high-voltage power lines and millions of miles of low-voltage power lines. Distribution transformers connect thousands of power plants to hundreds of millions of electricity customers all across the country.

Longer electric transmission line miles indicate a larger area / more customers the company would cover, which might lead to a higher electricity generation and a higher revenue.

The origin of the electricity that consumers purchase varies. Some electric utilities generate all the electricity they sell using just the power plants they own. Other utilities purchase electricity from others such as power marketers and independent power producers or from a wholesale market organized by a regional transmission reliability organization.

Another similar term is Total Electric Distribution Line Miles. The difference between a transmission and a distribution line is that a transmission line helps in the movement of electricity from a power plant or power station to the various substations whereas the distribution line carries electricity from the substation to consumers.

New Jersey Resources Total Electric Transmission Line Miles Related Terms

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