N.J. Admin. Code § 14:3-13.1

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

Section 14:3-13.1 - Scope

(a) This subchapter provides for a gas, water, or wastewater public utility to pay interest to customers on over/under-recovered gas, water, or wastewater cost balances, as these terms are defined at N.J.A.C. 14:3-13.2, which result from the operation of the following:

1. Periodic Basic Gas Supply Service (BGSS) pricing clauses;

2. Purchased Water Adjustment Clauses; and

3. Purchased Wastewater Treatment Adjustment Clauses.

(b) As part of each Board proceeding during which one or more periodic Basic Gas Supply Service (BGSS) charges is set, the gas utility shall submit a calculation demonstrating how much interest, if any, the utility owes to customers in accordance with this subchapter.

(c) As part of the year-end true up schedule required under N.J.A.C. 14:9-7.4, a water or wastewater utility shall submit a calculation demonstrating how much interest, if any, the utility owes to customers in accordance with this subchapter.

N.J. Admin. Code § 14:3-13.1

Amended by R.2008 d.119, effective 5/19/2008.
See: 39 N.J.R. 4077(b), 40 N.J.R. 2481(a).
Inserted designation (a); rewrote (a); and added (b) and (c).