N.J. Admin. Code § 14:1-5.12A

Current through Register Vol. 56, No. 24, December 18, 2024

Section 14:1-5.12A - Changes to levelized energy adjustment clause rates, basic generation service rates, or basic gas supply service pricing rates

(a) Unless otherwise ordered or permitted by the Board, a utility that files a request for an adjustment to its levelized energy adjustment clause rates, its basic generation service clause rates, or its basic gas supply service pricing clause rates, shall conform to the following requirements:

1. Not less than seven days prior to the effective date of the adjustment, or five days prior in the case of a decrease to the periodic basic gas supply service pricing clause rate, a supplemental tariff sheet shall be filed setting forth the amount of the adjustment for each classification of service and the proposed effective date thereof;

2. The filing of the supplemental tariff sheet as provided in (a)1 above shall be accompanied by a detailed calculation showing for each class of service the calculation by which the proposed adjustment was derived, the amount by which the said adjustment will increase or decrease utility operating revenues on an annual basis, and the amount by which the change in the basic raw material cost will increase or decrease operating revenue deductions on an annual basis; and

3. The filing of the supplemental tariff sheet referred to in (a)1 above shall also be accompanied by any additional information which the Board may have required in any order or other authorization by which the adjustment clause was permitted to be filed, or which the Board may hereafter require with respect to such a filing.

(b) The adjustment clauses and requirements set out in (a) above do not pertain to Purchase Water Adjustment Clauses or Purchased Sewerage Treatment Adjustment Clauses as the criteria for these clauses are specifically addressed in N.J.A.C. 14:9-7.

N.J. Admin. Code § 14:1-5.12A

Recodified from N.J.A.C. 14:11-1.13 and amended by R.1998 d.84, effective 2/2/1998.
See: 29 N.J.R. 4250(b), 30 N.J.R. 563(a).
Added (b).
Amended by R.2008 d.79, effective 4/7/2008.
See: 39 N.J.R. 4551(a), 40 N.J.R. 1917(a).
Section was "Changes to adjustment clause rates". Rewrote the introductory paragraph of (a); in (a)1, substituted "effective date of the adjustment, or five days prior in the case of a decrease to the periodic basic gas supply service pricing clause rate" for "date upon which the initial or any subsequent adjustment is to become" and substituted a semicolon for a period at the end; in (a)2 and (a)3, substituted "(a)1 above" for "paragraph 1 of this subsection"; in (a)2, substituted "; and" for a period at the end; and in (b), deleted "and 14:9-8, respectively" following "N.J.A.C. 14:9-7".