NJ Court Says State Can Yank Electricity Metering Program

Law360, New York (August 17, 2012, 3:41 PM EDT) -- A New Jersey appeals court on Friday affirmed the state utilities board's suspension of a controversial electricity metering program criticized for overcharging tenants, saying apartment complex owners who paid to install equipment for so-called submetering knew the financial risks involved in the experimental program.

Marineview Housing Co. I in Hoboken and Union Plaza Associates LP in Union City, N.J., both of which selected to participate in the pilot program designed to save energy by allowing residents to pay for just the electricity they used, understood the...
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