Politics & Government

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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