N.J.S.A. 48:2-21.12

Adjustment to rates to provide reimbursements received are applied to reduction of utility rates

48:2-21.12. Adjustment to rates to provide reimbursements received are applied to reduction of utility rates The board shall make an appropriate adjustment to the rates charged to rate payers to provide that any reimbursements so received are applied properly for reducing utility rates at the utility's rate hearing next following the utility's receipt of those moneys if the board determines that those reimbursed costs are also being charged to rate payers. L.1983, c. 461, s. 2, eff. Jan. 12, 1984.

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This is the verbatim text of N.J.S.A. 48:2-21.12, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 48:2-21.12 — Adjustment to rates to provide reimbursements received are applied to reduction of utility rates | Kyzer