Plan Will Substitute for Gas Capacity Release

Fortnightly Magazine - May 1 1996
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The New Jersey Board of Public Utilities (BPU) has authorized Elizabethtown Gas Co., to change its seasonal delivery service tariff to allow third-party suppliers to bid on incremental pipeline capacity for a limited time. (Unlike other gas distributors [LDCs], Elizabethtown could not take advantage of capacity-release programs approved by the board.) The company will allocate up to 2.5 billion cubic feet of capacity for the new offering and will not contract for additional capacity to operate the program. Revenues from the service will receive the same treatment as approved for capacity release (em i.e., 80 percent of revenues credited to firm ratepayers through the adjustment clause. Re Elizabethtown Gas Co., Docket No. GR94030057, Jan 12, 1996 (N.J.B.P.U.).


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This full article is only accessible by current license holders. Please login to view the full content.
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