Middlesex Water gets NJBPU approval for $15.4M rate increase (14.06%) effective March 1, 2024

MIDDLESEX WATER CO

NJBPU approved $15.4M (14.06%) base water rate increase effective March 1, 2024.
New rates allow 6.64% overall rate of return on $563M rate base; ROE set at 9.6%.
Provisional rates scheduled for Feb 15, 2024 will not be implemented due to NJBPU order.

MIDDLESEX WATER CO filing history →

Source: SEC EDGAR

accession 0001174947-24-000229

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