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Stock impact report

New Jersey Natural Gas Files Base Rate Case With the New Jersey Board of Public Utilities [Yahoo! Finance]

NewJersey Resources Corporation (NJR) 
Last newjersey resources corporation earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.njresources.com
Company Research Source: Yahoo! Finance
petition with the New Jersey Board of Public Utilities (BPU) requesting an increase of $222.6 million to its base rates. The filing includes the recognition of approximately $850 million of investment by NJNG to enhance the safety, reliability, security and environmental benefits of its delivery system and operations. These investments benefit customers but are not reflected in current rates. "Our top priority is to safely and reliably deliver the energy our customers count on to heat their homes and run their businesses," said Steve Westhoven, President and CEO of New Jersey Natural Gas. "The investments we make in our infrastructure reflect this commitment and the critical role our system plays in reaching New Jersey's carbon reduction goals. We look forward to working with our regulators to achieve a successful resolution of this filing that is reasonable and fair for our customers and our company." NJNG maintains infrastructure and operations throughout New Jersey that serve a Show less Read more
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