ERROR: Macro njDefaultArticleHeader is missing!

Let’s all give the power companies some more money

By

Back to Top Comments Email Print

Latest News

Gilbane announces unit leader for N.J.

By Mario Marroquin
March 24, 2017 11:31 AM

The Gilbane Building Co. recently announced it had promoted Daniel Shea to vice president and unit leader for New Jersey. Shea served as vice president and operations manager prior to his promotion. CONTINUE READING

Savoy names chief compliance officer

By Emily Bader
March 24, 2017 10:15 AM

Savoy, a benefits consulting firm based in Florham Park, announced Thursday that Joan Fusco has been promoted to chief compliance officer. CONTINUE READING

advertisement

Rutgers Business School offers accelerated course for health care professionals

By Emily Bader
March 23, 2017 11:07 AM

Rutgers Business School Executive Education announced Wednesday it is offering a mini-MBA for health care providers and administrators in medical practices in New Brunswick starting in May. CONTINUE READING

Berkshire Bank names regional SVP for commercial lending

By Emily Bader
March 23, 2017 02:08 PM

CONTINUE READING

WCRE to handle leasing for elementary school that is closing in Marlton

By Eric Strauss
March 23, 2017 11:00 AM

Wolf Commercial Real Estate has been named the exclusive marketing and leasing agent for a Marlton school that is closing at the end of the academic year, it announced Thursday. CONTINUE READING

Bubbakoo's Burritos to open in Howell

By Mario Marroquin
March 23, 2017 12:10 PM

Levin Management Corp. recently announced it has added Bubbakoo’s Burritos to Aldrich Plaza in Howell. Bubbakoo’s will occupy 1,900 square feet at the location on Route 9. CONTINUE READING

Marcus & Millichap announce sale of retail property in Mine Hill

By Emily Bader
March 22, 2017 10:43 AM

Marcus & Millichap announced Tuesday the sale of Ferromonte Plaza, a 16,000-square-foot retail property in Mine Hill, for $3 million. 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