NJ · electric · ER20120746
Closed case·Complete·Authorized
The authorized outcome was below the initial request and became effective after a delayed implementation period.
Atlantic City Electric initially requested a $71.8 million annual revenue increase. The Board approved a $43.7 million settlement, with rates effective January 1, 2022.
Jan 1, 2022
Not scheduled
Case stage
complete
Filed
Dec 9, 2020
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Jul 14, 2021
Rates effective
Jan 1, 2022
State rules
This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.
Full base-rate review
Case-specific; program deadlines can apply
New Jersey does not use one recurring base-case interval for every utility. Board-approved infrastructure programs can require the participating utility to file its next base-rate case within five years or sooner.
Rate period: Normally established in the utility's base-rate filing; infrastructure-program recoveries remain provisional until prudence is reviewed in the next base case.
Governing rule ↗Between full reviews
Infrastructure Investment Program
Annual or semiannual recovery
A Board-approved IIP permits accelerated recovery for qualifying in-service infrastructure through a separate tariff clause. Rates are provisional and the utility must return for a base case no later than five years after program approval.
Governing source ↗Major-event storm cost deferral
Event-driven · reviewed in a later case
A utility may defer qualifying incremental major-storm costs for later prudence and recovery review. Ordinary storm expense can remain covered by a base-rate allowance.
Governing source ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | $71.8M Annual utility request | $43.7M Prior authorized observation · Jul 14, 2021 | +$28.1M |
| Rate base | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Return on equity | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Common equity ratio | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Residential bill impact | Not available Not captured in current case sources | Not available Authorized value not captured | — |
Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.
Annual revenue change
authorized · Prior authorized observation · Nov 21, 2025
$54M
Common equity ratio
authorized · New Jersey electric distribution common-equity ratio approved in Docket ER24110854. · Nov 21, 2025
50.24%
Rate base
authorized · Adjusted New Jersey electric distribution rate base approved in Docket ER24110854. · Nov 21, 2025
$2,285M
Return on equity
authorized · New Jersey electric distribution return on equity approved in Docket ER24110854. · Nov 21, 2025
9.6%
3 events · 1 document · 1 citation
Material filings, hearings, orders, and effective dates.
Dec 9, 2020
Base rate petition filed
official commission · completed
Jul 14, 2021
Board adopted settlement
official commission · completed
Jan 1, 2022
Revised base rates became effective
official commission · completed
Docket and evidence documents linked to this proceeding.
NJBPU order adopting Atlantic City Electric 2020 base-rate settlement
evidence · primary · Jul 14, 2021
Field-level excerpts and review metadata supporting material facts.
NJBPU order adopting Atlantic City Electric 2020 base-rate settlement
commission order · Jul 14, 2021
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Annual revenue change | authorized | party-commission | — | $43.7M | |
| Annual revenue change | utility request | party-utility | — | $71.8M |