For Immediate Release
MAYS LANDING, N.J. (March
30, 2017) - Today, Atlantic City Electric (ACE) asked the New Jersey Board of
Public Utilities (BPU) to authorize a base rate increase of $70.2 million to
support new upgrades and enhancements made to its energy infrastructure and
continue forward momentum in strengthening South Jersey's power delivery
"Modernizing our energy
infrastructure is critical to providing quality service to our customers who
rely on us to power their lives and the southern New Jersey economy," said
Vince Maione, Atlantic City Electric region president. "We live in South Jersey,
too, and understand that our customers expect resilient, reliable electrical
service every day - in stormy weather and on blue sky days - and this request
reflects our commitment to investing in a system that continues to deliver just
ACE customers continue to benefit from the significant
upgrades in the safety and reliability of ACE's electric system as the
frequency and duration of outages continue to steadily decline.
2016, ACE customers experienced 33 percent fewer outages and the average time
customers were without power has declined 35 percent compared to 2011.
In 2016, ACE spent nearly $160 million to maintain and
strengthen its power delivery system. ACE constructed a new distribution substation
in Cape May County and replaced hundreds of deteriorated utility poles throughout
its service territory. The company completed nearly 30 separate substation enhancement
projects that included new transformers, switchgear and other equipment, and
completed reliability improvements on 41 distribution feeders that
significantly improved service for these customers.
2016, ACE spent nearly $25 million on tree trimming and vegetation management
spanning more than 1,900 miles of distribution power lines to help prevent
outages. This represents roughly a $9
million increase when compared to 2015.
base rate increase is subject to review and approval by the BPU. If approved as requested, the typical residential
customer using 716 kilowatt hours per month would see a total monthly bill
increase of about 6.6 percent or $9.00, from $136.90 to $145.90.
The company intends to put the full amount of its proposed
rates into effect nine months from the date of the filing, as authorized by New
Jersey law. The interim rates would be
subject to refund, with interest, based on the rates ultimately authorized by
its filing, ACE stated it would continue to improve service reliability for
customers throughout its service territory by building new infrastructure and
substations, and upgrading existing infrastructure by replacing transformers,
poles, wires and other improvements.
Customers with questions regarding billing or the rate
increase can contact our Customer Care Center at 1-800-642-3780. ACE will work with customers who may be having
difficulty paying their electric bill and offers budget billing and payment
plans. Through its dedicated outreach team, ACE connects its low income
customers with available resources and supports state social service assistance
programs to help make it easier for customers to pay their bills. Customers are encouraged to use
energy wisely to save on costs and can find energy-saving tips at atlanticcityelectric.com.
about energy assistance programs, customers can visit
or call 211, New Jersey's non-emergency helpline, available 24/7 throughout
For more information about
Atlantic City Electric, visit www.atlanticcityelectric.com. Follow us on Facebook at www.facebook.com/atlanticcityelectric
and on Twitter at www.twitter.com/acelecconnect.
Our mobile app is available at www.atlanticcityelectric.com/mobileapp.