Board Mulls Base Line for Incentive Rates

Fortnightly Magazine - September 15 1996
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.

A recent ruling by the New Jersey Board of Public Utilities (BPU) has directed Public Service Electric and Gas Co., to show that customers will be better off under the company's newly proposed program for alternative regulation (the "New Jersey Partners in Power Plan"), than under traditional regulation.

Reuters Events – Energy Transition North America 2022 – #ETNA2022 – Register Now – Houston, Texas; November 9–10

Nevertheless, the BPU declined to set a rate base or rate of return to establish a starting point for rates under the new proposed plan.

Instead, it said it would conduct a "base-case-like" review of the company's operations to ensure that the starting rates are reasonable, while at the same time avoiding a protracted proceeding "wherein each and every line item of the Company's expenses is scrutinized." Re Pub. Serv. Elec. & Gas Co., BPU Dkt. No. EO96010028, June 21, 1996 (N.J.B.P.U.).

47

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.