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12 N.J.A.R. 797

Rockland Electric Company, In the Matter of
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Citation: 12 N.J.A.R. 797
Decision Date: 1987
Agency: BOARD OF PUBLIC UTILITIES
Synopsis: Rockland Electric Company filed a petition with the Board of Public Utilities seeking a reduction in its levelized energy adjustment clause (LEAC). The matter was transmitted to the Office of Adminis- trative Law for a hearing. The administrative law judge assigned to the case concluded that a $4.363 million reduction in the LEAC would result in just and reasonable rates. Upon review, this initial decision was modified by the Board of Public Utilities. The Board agreed with Rockland that carrying costs of reconversion and reconstruction of the Rio and Lovett projects should be included in computing the LEAC because those projects were undertaken in the public interest at the urging of the Board. The Rio and Lovett projects were intended to protect the environment and achieve fuel savings. On appeal, the action of the Board was affirmed. Stephen B. Genzer, Esq., for Petitioner (Stryker, Tams & Dill, attorneys) Irene Jones-Hart, Deputy Public Advocate, and Oliver Cato, Assistant Deputy Public Advocate, for the Department of the Public Advocate, Division of Rate Counsel (Alfred A. Slocum, Public Advocate of New Jersey, attorney) Susan J. Vercheak, Deputy Attorney General, for Staff, Board of Public Utilities (W. Cary Edwards, Attorney General of New Jersey, attorney) In re Rockland Elec. Co.
Statute(s) Cited: 48:2-21 
Citation Tracker modified-Bd. of Public Utilities; affirmed -231 N.J. 'Super. 478 (App. Div. 1989); certification denied-117 N.J. 129 (1989) [Updated through 1991]