A.C. Electric asks for increased distribution charge

Posted: March 06, 2013

Atlantic City Electric Co. has asked the New Jersey Board of Public Utilities to approve an increase in its distribution charge on June 1 to pass through higher charges. The adjustment would increase a typical residential customer's monthly bill by 1.86 percent, or about $3.37 for a customer using 1,000 kilowatt hours.

The adjustments would pay for the increased cost of mandated long-term power purchase contracts with nonutility generators and increases in the costs of several statewide societal benefits programs, said Frank Tedesco, a company spokesman.

The costs are included in the utility's distribution charge, which is paid by all customers, including those who have switched to competitive power suppliers.    - Andrew Maykuth

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