yourstate.us
Home / New Jersey / Public Utilities
N.J. Stat. § 48:2-21.14

Fines, penalties not operating expense

New Jersey · New Jersey Statutes Title 48 — Public Utilities · Status: effective

Get this as JSONEmbed this
Cite this
Citation
N.J. Stat. § 48:2-21.14, Fines, penalties not operating expense, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1475666
Permanent ID
ys:prov:1475666@1
SHA-256
3b021869a7448611cc6def95199dec42086ec241b2ee32772d4dcab4f0afcab8

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

In determining just and reasonable rates for any electric utility pursuant to R.S. 48:2-21, R.S. 48:2-21.1, or section 31 of P.L. 1962, c. 198 (C. 48:2-21.2), the board shall not allow as an operating expense, any fines or penalties imposed pursuant to law and paid by the utility.