JCP&L wants 1.2% electric rate hike - FOX 10 News | fox10phoenix.com

JCP&L wants 1.2% electric rate hike

Posted: Updated:

MORRISTOWN, N.J. (AP) - Jersey Central Power & Light is seeking permission from state regulators to boost its rates by 1.4% to improve its infrastructure and cope with losses from two major weather events that occurred last year.

But in its filing made Friday, the utility warned it will eventually amend its request to factor in losses from last month's Hurricane Sandy. That storm knocked out power to about 1.2 million customers.

If approved by the state Board of Public Utilities, the rate hike would cost the average customer about $1.51, raising their electric bill from $98.10 to $99.61.

JCP&L made the filing to comply with a BPU order to file a base rate case, which justifies the rates it charges customers.

Morristown-based JCP&L serves 1.1 million New Jersey customers.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Recipes from 'Indulge'

    Kathy Wakile's indulgent desserts

    Kathy Wakile's indulgent desserts

    Friday, August 29 2014 7:38 PM EDT2014-08-29 23:38:21 GMT
    Kathy Wakile from "The Real Housewives of New Jersey" (Bravo) has written a dessert cookbook called "Indulge" (St. Martin's Griffin), which drops Tuesday, September 2. She came to the set to make Strawberry Shortcake Puffs, Chocolate Tiramisu, and Pumpkin Spice Babycakes.
    Kathy Wakile from "The Real Housewives of New Jersey" (Bravo) has written a dessert cookbook called "Indulge" (St. Martin's Griffin), which drops Tuesday, September 2. She came to the set to make Strawberry Shortcake Puffs, Chocolate Tiramisu, and Pumpkin Spice Babycakes.
  • Some Showboat workers get new jobs within company

    Some Showboat workers get new jobs within company

    Friday, August 29 2014 2:54 PM EDT2014-08-29 18:54:36 GMT
    More than 470 of the 2,000-plus workers at Atlantic City's Showboat Casino Hotel have found new jobs with other casinos owned by its parent company. The Showboat is shutting down Sunday afternoon after 27 years on the Boardwalk.
    More than 470 of the 2,000-plus workers at Atlantic City's Showboat Casino Hotel have found new jobs with other casinos owned by its parent company. The Showboat is shutting down Sunday afternoon after 27 years on the Boardwalk.
  • NJ girl accidentally kills gun instructor

    NJ girl accidentally kills gun instructor

    Friday, August 29 2014 1:24 PM EDT2014-08-29 17:24:19 GMT
    A 9-year-old girl from New Jersey accidentally killed an Arizona shooting instructor as he was showing her how to use a fully automatic Uzi. Charles Vacca, 39, was standing next to the girl at the Last Stop outdoor shooting range when she pulled the trigger and the recoil sent the gun over her head, investigators said.
    A 9-year-old girl from New Jersey accidentally killed an Arizona shooting instructor as he was showing her how to use a fully automatic Uzi. Charles Vacca, 39, was standing next to the girl at the Last Stop outdoor shooting range when she pulled the trigger and the recoil sent the gun over her head, investigators said.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices