Atlantic City Electric seeks 5.6 percent rate hike

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MAYS LANDING – Atlantic City Electric customers could see their bills increase this year, officials announced last week.

The company asked the New Jersey Board of Public Utilities on Friday to authorize a base rate adjustment of approximately $61.7 million to help pay for "infrastructure improvements and reliability investments already made on behalf of our customers," according to a news release. 

If the rate increase is approved, a typical residential customer using 1,000 kilowatt hours per month would see their monthly bill increase $9.57, or $0.32 per day, from $170.34 to $179.91 per month, a 5.6 percent increase over current rates.

Customers who buy energy from a competitive supplier continue to receive distribution service from ACE, and they also would be affected by the requested rate adjustment. The new total monthly bill for customers who shop for their energy would vary according to the price charged by the supplier.

“To improve our electric system and continue providing quality service, it’s important that we invest in new infrastructure and upgrade our existing electrical systems,” said Vince Maione, ACE region president. 

Over the past five years, ACE has invested about $685 million into its electric system, and customers are seeing the benefits of this work, officials said. Customers had 49 percent fewer outages and a 48 percent reduction in the length of outages in 2012 compared to 2011 on upgraded lines, the company said. 

Since 2012, ACE has performed reliability upgrades and system improvements on about 140 feeders, higher voltage lines that distribute electricity to customers; installed automated switching technology on about 30 feeders designed to isolate outages and restore power to customers quicker; and upgraded about 150 circuit miles of wire with sturdier wire. 

ACE has plans to make infrastructure investments to improve service reliability through building and upgrading existing infrastructure; building new substations; replacing transformers, poles, wires and other infrastructure improvements; and replacing wood utility poles with steel poles where needed.

Customers with questions or comments can contact the customer care center at 800-642-3780. For information about ACE see www.atlanticcityelectric.com.


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