Jersey Central Power & Light 2023 base rate case
ER23030144 · Opened Mar 16, 2023
Closed
complete
Jersey Central Power & Light Company
NJ · electric
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Current | Current electric profile Electric · Latest supported values | 9.6% Authorized · Dec 31, 2025 | 51.9% Authorized · Dec 31, 2025 | $5.1B Disclosed actual · Dec 31, 2025 |
| Feb 14, 2024 | Jersey Central Power & Light 2023 base rate case ER23030144 · Electric Compare stagesROE Authorized 9.6% → Utility request 10.4% | 9.6% Authorized · Feb 14, 2024 | — | — |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Common equity ratio | Dec 31, 2025 | authorized | 51.9% | JCP&L New Jersey distribution base-rate capital structure. |
| Annual revenue change | Oct 28, 2020 | authorized | $94M/year | Prior authorized observation |
| Annual revenue change | Feb 18, 2020 | utility request | $186.9M/year | Prior authorized observation |
| Annual revenue change | Feb 14, 2024 | authorized | $85M/year | Prior authorized observation |
| Annual revenue change | Mar 16, 2023 | utility request | $184.95M/year | Prior authorized observation |
| Rate base | Dec 31, 2025 | disclosed actual | $5.1B | Combined JCP&L distribution and transmission rate base; distribution was $3.7 billion and transmission $1.4 billion. |
| Return on equity | Dec 31, 2025 | authorized | 9.6% | JCP&L New Jersey distribution base rates effective June 2024. |
| Return on equity | Feb 14, 2024 | authorized | 9.6% | Total company rate-case request or Commission-authorized outcome |
| Return on equity | Feb 14, 2024 | utility request | 10.4% | Total company rate-case request or Commission-authorized outcome |