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Chemical Week Magazine :: Regulatory

NJ Firms Join Suit Against Utility

4:25 PM MST | March 3, 2008 | Chemical Week Editorial Staff

The Chemistry Council of New Jersey (CCNJ; Trenton) says it has filed a petition to join a case before the state’s public utility board that seeks to recover fees charged to ratepayers by the Public Service Electric & Gas (PSE&G) utility. Residents and businesses are challenging a state decision that allowed PSE&G to charge extra fees to recoup money it spent on power plants before deregulation. Those investments cannot be recovered and would not have been made in a deregulated market, the utility says. CCNJ says industrial rates for electricity...

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