Audit of Utility Power Purchasing Practices
Larkin & Associates
New Jersey Board of Public Utilities
Project completed in July 2003.
Synapse evaluated whether Rockland Electric Company’s power purchases during the period from August 1999 through July 2003 were prudent. Synapse prepared an audit report concluding that the Company was imprudent for failing to enter into a multi-year power purchase agreement when it divested all of its generating facilities in 1999. Project completed in July 2003.