PSE &G request for transmission incentives doesn’t meet policy criteria, NJ officials say

摘要

New Jersey regulators and the state rate counsel last weeknslammed Public Service Electric & Gas’ request for incentive ratentreatment for four transmission projects, asserting they are nothingnmore than routine projects.n“PSE&G has inappropriately aggregated four separate routinenprojects into one rate incentive filing,” said the New Jersey Board ofnPublic Utilities in calling for a hearing. These are separate and “distinctnlocal reliability projects, proposed to relieve certain reliability criterianviolations only in New Jersey projected by PJM [Interconnection] commencingnin 2013,” said the BPU’s November 22 protest.nFERC has made clear that transmission rate incentives are “neithernintended to be a ‘bonus’ for good utility behavior, nor availablenfor ‘routine investments made in the ordinary course of expandingnthe system to provide safe and reliable transmission service,’ “ addednthe Division of Rate Counsel in its protest