Business & Tech

PSE&G Files to Keep Large Energy Users from Intervening in $2.6B Case

State's largest utility wants to storm-proof vulnerable switching stations and substations flooded during Sandy

by Tom Johnson, NJSpotlight.com

Public Service Electric & Gas is trying to prevent some of the state’s largest energy users from participating in a pending rate case in which the utility seeks to spend billions of dollars of customers’ money to make its power grid more resilient to extreme weather.

The filing with the Board of Public Utilities underscores just how contentious the state’s largest utility’s case has become, with environmentalists, big corporations, and AARP questioning the Newark company’s proposal to spend up to $3.9 billion over the next decade to avert widespread outages during intense storms.

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The current case before the agency, however, deals with plans to spend $2.6 billion over the next five years, most of which would be invested in preventing utility switching stations and substations from being flooded during superstorms. Flooding at dozens of those stations left tens of thousands of customers without power.

Read more at NJSpotlight.com

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NJ Spotlight is an issue-driven news website that provides critical insight to New Jersey’s communities and businesses. It is non-partisan, independent, policy-centered and community-minded.





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