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This document includes the petition submitted by South Jersey Gas Company seeking approval for a rate adjustment as part of the Infrastructure Investment Program (IIP). It outlines the background, financial implications, and anticipated impacts on consumer rates associated with the proposed adjustments due to investments in infrastructure over specified periods.
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How to fill out rate adjustment petition
How to fill out rate adjustment petition
01
Gather all necessary documentation to support your rate adjustment request.
02
Complete the rate adjustment petition form provided by your authority.
03
Clearly outline the reasons for the adjustment, including specific data and evidence.
04
Provide detailed calculations that justify the requested rate adjustment.
05
Submit your completed petition along with any supporting documents before the deadline.
Who needs rate adjustment petition?
01
Individuals or businesses facing unexpected financial hardships.
02
Organizations seeking to adjust service rates for fairness.
03
Tenants requesting changes in rental rates due to significant changes in market conditions.
04
Utility customers who believe their rates do not reflect their usage or services.
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What is rate adjustment petition?
A rate adjustment petition is a formal request filed by a utility company to change its rates or charges for services provided to customers, usually to reflect changes in costs or to ensure adequate revenue.
Who is required to file rate adjustment petition?
Utility companies or providers of regulated services are required to file a rate adjustment petition when they seek to change their rates.
How to fill out rate adjustment petition?
To fill out a rate adjustment petition, you typically need to complete a standardized form provided by the regulatory authority, including relevant financial data, justification for the rate change, and other required documentation.
What is the purpose of rate adjustment petition?
The purpose of a rate adjustment petition is to allow utility companies to request adjustments to their rates based on changes in operational costs, market conditions, or regulatory requirements, ensuring they can maintain service quality.
What information must be reported on rate adjustment petition?
The rate adjustment petition must report detailed financial information, including operating expenses, revenues, a justification for the proposed rate change, and compliance with regulatory standards.
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