JCP&L customers — get ready to pay more in 2017
NEWARK — State regulators have approved a rate increase for Jersey City Power and Light.
The average customer will pay nearly $4 more a month, beginning New Year's Day.
The 3.6 percent increase approved by the Board of Public Utilities is less than the 4.6 percent that JCP&L had sought for its distribution rate. The money will be used to inspect lines and poles, maintain equipment and cut trees.
The increase will raise $80 million for the utility.
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