Protect Utilities Customers...and Your Wallet

Raise your rates 3.jpg

New Jersey's Board of Utilities, (BPU), which regulates utility companies, is considering changing their rules in a way that could harm every gas and electric customer in the Garden State.  The BPU wants to make it easier for utilities to increase your rates provisionally; before the company has actually proven they even need a rate increase and that a price hike is reasonable. Under this scheme, utilities implementing provisional rates would have to refund customers if the rate finally approved by the Board is less than the provisional rate.  However, and because the record shows utility companies file for rate increase well above what they are actually granted – sometimes 65-70% higher - the BPU’s proposal would allow your utility company to receive a financial windfall at your expense.

AARP doesn’t believe customers should be used as a bank to make lucrative loans to their utility companies.

To make matters worse, the BPU also wants to weaken regulations and oversight to allow utility companies to add a new surcharge, on top of what you are already paying, for infrastructure programs.  This would allow utility companies to raise your rates without a comprehensive, independent review of all utility costs and investment decisions to determine if your current rates are reasonable.    This proposal will fast-track rate increases and is not needed.    Utilities have an obligation to make all necessary infrastructure investments without new surcharges and without weakening oversight.  Failing to carry out this obligation amounts to holding consumers hostage, rather than fulfilling its obligation to serve its customers.

Raise your voice before they raise your rates! Tell the BPU to stand with consumers and reject these anti-consumer proposals.

THE DEADLINE FOR COMMENTS IS OCTOBER 6, 2017.  BUT PLEASE ACT TODAY!

Recipients

  • Secretary Irene Kim Asbury

Contact

*Required fields
 
 

Message

Protect Utilities Customers from Unfair Charges!

Dear Secretary Irene Kim Asbury,

Re: Proposal Number: PRN 2017-165 and
Proposal Number: PRN 2017-164

Sincerely,
[Your Name]
[Your Address]
[City, State ZIP]
[Your Email]