ERROR: Macro njDefaultArticleHeader is missing!

Let’s all give the power companies some more money

By

Back to Top Comments Email Print

Latest News

C&K, =SPACE open Newark coworking space

By Mario Marroquin
June 27, 2017 10:11 AM

At 2 Gateway Center in Newark, C&K Properties and =SPACE recently opened Public SPACE, a coworking space for tech-oriented and digital creative entrepreneurs. CONTINUE READING

Chubb names EVP to oversee management liability unit

By Eric Strauss
June 27, 2017 10:43 AM

Property and casualty insurer Chubb, which has its U.S. headquarters in Whitehouse Station, has named an executive vice president to lead its private/not-for-profit management liability business, it announced Monday. CONTINUE READING

advertisement

Retro Fitness hires chief operations officer

By Eric Strauss
June 27, 2017 12:59 PM

Retro Fitness, the Colts Neck-based franchiser of low-cost gyms, announced Tuesday it has named its first chief operations officer. CONTINUE READING

Sitex Group completes purchases in Englewood, West Caldwell

By Mario Marroquin
June 26, 2017 01:41 PM

In an effort to expand its industrial footprint in northern New Jersey, commercial real estate firm Sitex Group has purchased two assets, at 205 Jackson St., Englewood, and 40 Fairfield Place, West Caldwell. CONTINUE READING

Law firm signs lease at 10 Lake Center

By Mario Marroquin
June 26, 2017 01:34 PM

Commercial real estate firm Wolf Commercial Real Estate recently announced it has brokered a 5,000-square-foot lease on behalf of Charny Karpousis Altieiri & Donoian in Marlton. CONTINUE READING

Special Properties opens office in Ridgewood

By Mario Marroquin
June 23, 2017 12:06 PM

In an effort to continue its expansion throughout Bergen, Hudson, Essex, Passaic and Sussex counties, Special Properties Real Estate Services announced it has opened a new office at 50 W. Ridgewood Ave., Ridgewood. CONTINUE READING

Wells Fargo sells former bank in Caldwell

By Mario Marroquin
June 23, 2017 12:10 PM

Commercial real estate firm NAI James E. Hanson recently announced it has brokered the sale of a 7,427-square-foot retail building in downtown Caldwell. CONTINUE READING

advertisement

A lot of residents in Sandy-slammed areas probably thought they saw it all from JCP&L as the recovery effort dragged on.

Actually, a lot of those residents probably saw very little, since many in JCP&L territory were in the dark for days at a time, with no way to know when to expect their lights might come on. But I digress.

Now comes the news that, on top of everything else, the utility wants a 1.4 percent rate hike, which is a lot like a child ripping the head and limbs off a G.I. Joe doll, then demanding his parents buy him a new one. That rate hike, by the way, is only for damage incurred during Irene and “Snowtober.” It has nothing to do with the far-more-devastating Sandy, which the utility has said it will pay for out of its own pocket, without a rate increase.

Ha, ha! Just seeing if you were paying attention. Of course they will apply for another rate hike next year, promising in earnest to use the money to harden their system against major storms.

I’m not sure how much you can really blame JCP&L for the outages after the storm, which was of an intensity completely alien to the Jersey coast. And you certainly can’t fault linemen who worked long days and weeks to get the power back online. But the utility is so ham-handed in the PR department that you could probably serve it with pineapple and baby carrots for Easter dinner. Mayors up and down the state say they were left in the dark, literally and figuratively, about when the juice would come back on; lawsuits have been filed; and some towns and residents have threatened to secede, while others are merely calling for blood. Now they’re demanding another $30 million a year? Even if the plan is to harden the infrastructure, as the company claims, this is not the time to pursue a rate case.

I’m even more irreverent on Twitter @joe_arney.

Share This Story On:

Let’s all give the power companies some more money

By

Back to Top Comments Email Print

Latest News

advertisement

A lot of residents in Sandy-slammed areas probably thought they saw it all from JCP&L as the recovery effort dragged on.

Actually, a lot of those residents probably saw very little, since many in JCP&L territory were in the dark for days at a time, with no way to know when to expect their lights might come on. But I digress.

Now comes the news that, on top of everything else, the utility wants a 1.4 percent rate hike, which is a lot like a child ripping the head and limbs off a G.I. Joe doll, then demanding his parents buy him a new one. That rate hike, by the way, is only for damage incurred during Irene and “Snowtober.” It has nothing to do with the far-more-devastating Sandy, which the utility has said it will pay for out of its own pocket, without a rate increase.

Ha, ha! Just seeing if you were paying attention. Of course they will apply for another rate hike next year, promising in earnest to use the money to harden their system against major storms.

I’m not sure how much you can really blame JCP&L for the outages after the storm, which was of an intensity completely alien to the Jersey coast. And you certainly can’t fault linemen who worked long days and weeks to get the power back online. But the utility is so ham-handed in the PR department that you could probably serve it with pineapple and baby carrots for Easter dinner. Mayors up and down the state say they were left in the dark, literally and figuratively, about when the juice would come back on; lawsuits have been filed; and some towns and residents have threatened to secede, while others are merely calling for blood. Now they’re demanding another $30 million a year? Even if the plan is to harden the infrastructure, as the company claims, this is not the time to pursue a rate case.

I’m even more irreverent on Twitter @joe_arney.

Share This Story On:
advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy
advertisement
ERROR: Macro defaultSidebar is missing!
ERROR: Macro footer_top is missing!
Back to Top