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In Re Revision of Rates Filed

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eBook details

  • Title: In Re Revision of Rates Filed
  • Author : New Jersey Supreme Court
  • Release Date : January 06, 1978
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 70 KB

Description

This is an appeal taken by the Department of the Public Advocate from that portion of an order issued by the Board of Public Utility Commissioners (The Board) authorizing the Redi-Flo Corporation (Redi-Flo) to incorporate an automatic "fuel adjustment clause" into its permanent tariff. The Boards order, dated July 10, 1975, modified two earlier decisions in which it had granted a measure of rate relief to Redi-Flo in the form of increased rates but had refused to approve its proposed fuel adjustment clause. In challenging this action, the Public Advocate takes the position that the statutes governing the Boards rate setting authority (N.J.S.A. 48:2-21, 48:2-21.1 and 48:2-21.2) permit such clauses only as an interim measure. In addition, he attacks particular features of Redi-Flos fuel adjustment clause, arguing that the Board erred in overturning its earlier orders which had denied such relief.


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