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June 01, 2023
Home » Atlantic City Electric Wins $25 Million Base Rate Hike
New Jersey regulators approved a $25.5 million annual increase in Atlantic City Electric Co.’s base distribution rates and recovery of $70 million costs for recovery following the June 2012 Derecho and Hurricane Sandy in October 2012. Capital costs of $44.2 million were included in the rate base while deferred operation...
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