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Utility Board to JCP&L: Roll Back Rates by $200M

The New Jersey Board of Public Utilities recommendation could cut customers' bills by a third if adopted.

By Tom Johnson, NJ Spotlight

Jersey Central Power & Light should slash rates collected from its more than 1 million customers by a staggering $207.3 million, according to the staff of the New Jersey Board of Public Utilities.

If adopted, the 131-page brief, filed with an administrative law court judge overseeing JCP&L’s pending rate case, amounts to a stunning rebuke to the state’s second-largest utility. By one estimate, it could cut bills for customers by at least one-third, if approved by the BPU, which ultimately has jurisdiction in the case.

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Roll Back Our Tax January 31, 2014 at 07:56 AM
Did some one say "Roll Back"?
Tracy Tobin January 31, 2014 at 10:21 AM
It is 2-3 years later and the BPU is finally coming to the same conclusion that a number residents arrived at years ago. (See 2011-12 Patch articles about poor JCP&L service even before Sandy.) First Energy has been using JCP&L customers as a cash cow ever since they bought the company. Surprised that the BPU finally woke up and responded to years of complaints by homeowners and municipalities. Now lets see if BPU stands behind the decision in the face of intense lobbying in Trenton. Write your legislators and encourage them to support this action.
Liz Kril February 02, 2014 at 01:30 PM
Does that mean they will raise it 400%

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