PEG Deals With Jersey Regulations
By:
DailyMarkets.com
Posted on June 08, 2010 at 10:30 AM EDT
The New Jersey Board of Public Utilities (BPU), playing spoilsport to Public Service Enterprise Group Inc. (NYSE:PEG) or PSEG, issued two diametrically opposite regulatory directives. The first is an approval which authorized the company to raise its customer electricity rates. This was the company’s first rate request in nearly four years. However, the beneficial effects of ...
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