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Board approves auditor for affiliate compliance audit and signs off on New Jersey American Water sales
Summary
The Board selected an auditor to review affiliate transactions at certain utilities and approved two New Jersey American Water matters: a Millburn property sale and a WIPA sale of the Hopewell Burrows system with conditions and settlement terms.
The Board approved staff recommendations on several utility-specific actions, including the selection of an auditor to review affiliate transactions and management practices at Rockland, Orange and Rockland Utilities and Consolidated Edison, as well as approvals related to New Jersey American Water Company.
Staff asked the board to approve the selection of an auditor to conduct an audit of Rockland…
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