Contact Us
Make My Homepage

Jersey Power Companies Position Themselves For A Rate Hike [AUDIO]

Jeff Zelavansky, Getty Images

There’s no definitive word yet whether Jersey’s utilities will request a rate increase from the State Board of Public Utilities – to cover power restoration costs after hurricane Irene, and the freak October snow storm a couple of weeks ago that left many Garden state residents without electricity for days.

Jersey Ratepayer Advocate Stephanie Brand says there are some storm damage costs that are already worked into their bills sent out every month, “and to the extent that ratepayers have already given them money to spend on storm recovery, we don’t want to pay for it twice -we want to make sure they spent the money well – that they did pay for things they shouldn’t have paid for.”

She says “we’re also going to make sure that they only can ask for this money in the context of a rate case -where they come in and we get access to all of their books -so that if there was something else that they saved money on, maybe they wouldn’t get the full amount of this.”

At the same time, Brand points out if the utilities are facing cost increases themselves, “we do want them to have enough money to maintain the system , so that it doesn’t start getting worse and worse every time we have a storm – but we’ll be looking at it very, very carefully.”

As for allegations made by some that the utilities have not done proper tree maintenance near power lines, Brand says “if that’s the case, then that obviously would be a problem- they need to do their tree trimming, there are regulations on their tree trimming -however many times the utilities get resistance from the public when they try to do their tree trimming.”

When Townsquare Media tried to interview representatives of PSE & G, and JCP & L for this story, both utilities refused the request, but PSE and G did issue a written statement that reads in part “PSE & G has no plans at this time to file for a rate increase to recoup the costs of these two destructive storms. Rather, we have asked that these extraordinary costs be deferred and considered the next time regular electric rates need to be reset to reflect our actual costs to provide service.”

Attempts were also made to discuss the situation with BPU President Lee Solomon, but we were told he would simply not be available.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!