JCP&L holds public meeting on proposed rate hike to recoup costs from hurricanes

JCP&L is asking customers to help recoup the costs of getting the power turned back on after Sandy. The company has proposed a rate hike

JCP&L is asking customers to help recoup the

JCP&L is asking customers to help recoup the costs of getting the power turned back on after Sandy. (Credit: News 12 New Jersey)

MORRISTOWN - JCP&L is asking customers to help recoup the costs of getting the power turned back on after Sandy.

The company has proposed a rate hike that will raise rates more than four percent to pay for almost $1 billion in damage from Sandy, as well as Hurricane Irene.

One of several public hearings were held in Morristown today to give customers the opportunity to address the proposed increase.

State regulators have to approve the rate increase in order for it to take effect.

More on this topic

JCP&L Proposed Rate Increase

Here is a link to the proposed rate changes, and information on the public hearings.

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