Siding with New Jersey Ratepayer Advocate Blossom Peretz’spleadings for moderation, the New Jersey Board of Public Utilities(BPU) at a special meeting last week granted provisional approvalto three utilities for minimum requested rate increases that wouldpass on the rising commodity cost of natural gas.
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New Jersey Approves Higher Gas Rates
Siding with New Jersey Ratepayer Advocate Blossom Peretz’spleadings for moderation, the New Jersey Board of Public Utilities(BPU) at a special meeting yesterday granted provisional approvalto three utilities for the minimum requested rate increase to passon the rising commodity cost of natural gas. New Jersey NaturalGas (NJNG) received the 16% it petitioned for, but ElizabethtownGas (ETG) and Public Service Electric and Gas Co. (PSE&G)received far less than requested.
October 11, 2000
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