energy

JCP&L Ordered To Justify Profits and Performance
JCP&L Ordered To Justify Profits and Performance
JCP&L Ordered To Justify Profits and Performance
In a decision that might reflect on ratepayer costs, Jersey Central Power and Light has been ordered to detail its earnings and reliability since 2005. The New Jersey Board of Public Utilities issued the unanimous decision today. The company is being required to file a base rate case following BPU consideration of concerns raised by the state Division of Rate Counsel over JCP&L's profit margin