New Jersey Approves Gas to Electric Pricing

Fortnightly Magazine - August 1995
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.
Recharge the Economy with Renewable Energy Tax Credits
The New Jersey Board of Public Utilities (BPU) has approved a change in the method used by Public Service Electric and Gas Co. to determine the price of gas paid by its electric division to its gas division for volumes needed to generate electricity. The new method adds two types of service beyond the current all-interruptible classification. The new "dedicated" volumes will only be subject to interruption at temperatures of 20 degrees or below. In addition, demand charges will be estimated based on monthly volumes rather than fixed historical annual volumes. The BPU found no evidence to support claims that the new dedicated service would allow the utility to capture cheap gas supplies for its electric division.The BPU pointed out that independent power suppliers and cogenerators were free to secure their own supplies under the utility's new

unbundled gas service tariffs. Re Public Service Electric and Gas Co., Docket No. ER94070293, May 5, 1995 (N.J.B.P.U.).


48

Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.