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BPU orders JCPenal to remove ZEC recovery charge and accepts staff revenue review for ZEC year 2025
Summary
The board directed JCPenal to eliminate its ZEC recovery charge tariff and move remaining balances to the universal service fund component of its SBC, with revised tariffs due Feb. 15; staff also reported no evidence of double payments in ZEC year 2025 and will review later federal production tax credit filings for potential refund recommendations.
The Board of Public Utilities on Jan. 28 approved staff recommendations on two matters related to zero-emission certificates (ZECs).
On an annual reconciliation petition, staff told the board that JCPenal requested to maintain its ZEC reconciliation charge at zero but recommended the board direct JCPenal to eliminate its ZEC recovery…
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