Report / January 1, 2015
The Importance and Benefits of Standards in the Electric Utility Industry
Executive Summary
CEA and its Corporate Utility members have been proponents of electric utility standards since the organization’s inception in the late 1890s. The use of standards has been highly beneficial to the Canadian economy as well as to the design, construction, procurement, maintenance, and operating processes of the electricity industry. Updated standards are crucial at this point in time, as the industry prepares to enter into a multi-year intensive capital replacement program, estimated to cost $350 billion, to replace legacy devices with current technologies.
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