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Electrical Utility

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  • Cost Recovery
  • Extension of Lines
  • Interest Payments
  • L.E.A.C.
Cost Recovery
Three years was a reasonable time period to assess whether customer had generated enough revenue to recoup the cost of extending a transmission line to a proposed casino site. Decision: 12 N.J.A.R. 860
Extension of Lines
Three years was a reasonable time period to assess whether customer had generated enough revenue to recoup the cost of extending a transmission line to a proposed casino site. Decision: 12 N.J.A.R. 860
Interest Payments
A "two-way" interest system should be allowed to best serve the goal of compensation of an electric utility's costs. Decision: 4 N.J.A.R. 365
L.E.A.C.
Automatic termination of an L.E.A.C. rate does not further the policy of ensuring that ratepayers assume current fuel costs; it is also inequitable since it would subject the utility to an automatic termination even where a new rate has not yet been established. Decision: 4 N.J.A.R. 365
Requiring customers to pay interest on fuel costs in excess of those provided for in an L.E.A.C. does no more than compensate a utility for the actual costs of fuel and would promote a reduction of risks to the utility. Decision: 4 N.J.A.R. 365
Carrying costs of reconverting two projects should be included in computing L.E.A.C. because those projects were undertaken in the public interest at the urging of the Board. Decision: 12 N.J.A.R. 797


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