The New Jersey Board of Public Utilities (BPU) has rejected a proposal to disallow from rates "potentially stranded costs" incurred by Atlantic City Electric Co., an electric utility, under...
PSE&G Customers Can Shop Around for Gas
The New Jersey Board of Public Utilities (BPU) has approved a plan that will allow Public Service Electric and Gas Co. (PSE&G) to offer new transportation services to its commercial and industrial (C/I) natural gas customers. As a result of the BPU action, PSE&G will begin offering third-party gas transportation and other services to C/I customers regardless of size, amount of gas used, or alternate fuel capabilities. These customers may purchase gas directly from producers and marketers and arrange for PSE&G to transport and deliver the gas. The program will start with PSE&G's 15,000 largest customers, and will be expanded to all 170,000 C/I customers within one year from BPU's November 30 approval date. PSE&G currently provides gas transportation service for about 340 large customers. (em LG
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