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Prudency Costs Incurred by New Jersey Utility Companies in Response to Major Storm Events in 2011 and 2012
Synapse provided consulting services to the New Jersey Division of Rate Counsel regarding the petition filed by the Public Service Electric and Gas Company (PSEG) requesting that the storm costs incurred in 2011 and 2012 be considered reasonable and prudent. Synapse analyzed the petition, prepared and reviewed discovery questions, and assisted in hearing participation. The Synapse work focused on a technical and engineering assessment, as well as a prudency review, of the costs associated with the Company’s response to five major storm events.