$1B PSE&G Solar Projects Slammed By NJ Utility Watchdog

Law360, New York (April 19, 2013, 6:43 PM EDT) -- A New Jersey utility watchdog agency has blasted Public Service Electric and Gas Co. for its plans to develop solar energy projects at the cost of nearly a billion dollars, a cost that will be passed on to ratepayers for projects that are unnecessary, the group said.

In two position papers submitted to New Jersey’s Board of Public Utilities on April 15, the state’s Division of Rate Counsel urged the BPU to reject PSE&G’s petitions to fund two solar projects, the Solar 4 All Extension and...
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