48:2-21.12 - Adjustment to rates to provide reimbursements received are applied to reduction of utility rates - New Jersey Statutes

48:2-21.12.  Adjustment to rates to provide reimbursements received are applied to reduction of utility rates
    The board shall make an appropriate adjustment to the rates charged to rate  payers to provide that any reimbursements so received are applied properly for  reducing utility rates at the utility's rate hearing next following the  utility's receipt of those moneys if the board determines that those reimbursed  costs are also being charged to rate payers.

     L.1983, c. 461, s. 2, eff. Jan. 12, 1984.