UTILITIESAPPROVED

NJ Board of Public Utilities Awards Utilities Contract to Jersey Central Power & Light Company (June 2026)

The New Jersey Board of Public Utilities approves a stipulation with Jersey Central Power & Light Company allowing recovery of 2021 and 2022 manufactured gas plant remediation costs through its Remediation Adjustment Clause while keeping the RAC rate at $0.000806 per kWh. Natural resource damage and incentive compensation costs are deferred, and JCP&L may continue to accrue and seek recovery of post-2022 remediation-related expenses in future filings.

Status
APPROVED
Document date
June 30, 2026
Contract type
UTILITIES
Vendor
Jersey Central Power & Light Company
Agency
NJ Board of Public Utilities · NJ

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$8,194,215 (2021 period); $6,203,838 (2022 period); total recoverable MGP remediation expenses $142,958,084 as of December 31, 2022
Contract type
UTILITIES
Contract term
Costs incurred January 1, 2021 – December 31, 2022, amortized over a seven-year rolling recovery period; existing RAC tariff rate to remain in effect for service on and after July 15, 2026 until further Board order
Renewal
RAC recovery continues on a rolling seven-year amortization of approved MGP remediation costs, with the Rider RAC factor to remain at $0.000806 per kWh until modified by a future Board order. Deferred NRD-related and incentive compensation costs from 2005–2022, as well as additional post-2022 remediation costs, remain subject to future RAC filings and Board determinations.
Document type
Resolution
Source document
New Jersey Board of Public Utilities Resolution Decision and Order Approving Stipulation 2026-06-30

Related contracts

Other contracts from Jersey Central Power & Light Company.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the utilities contract by NJ Board of Public Utilities?

Jersey Central Power & Light Company was awarded this utilities contract by NJ Board of Public Utilities, as recorded on June 30, 2026. The contract value is $8,194,215 (2021 period); $6,203,838 (2022 period); total recoverable MGP remediation expenses $142,958,084 as of December 31, 2022.

How much is the Jersey Central Power & Light Company contract with NJ Board of Public Utilities worth?

The Jersey Central Power & Light Company contract with NJ Board of Public Utilities is valued at $8,194,215 (2021 period); $6,203,838 (2022 period); total recoverable MGP remediation expenses $142,958,084 as of December 31, 2022, covering utilities work.

What type of contract is this?

This is a Utilities contract, documented as a resolution record.

Where was this contract approved?

This contract appears in New Jersey Board of Public Utilities Resolution Decision and Order Approving Stipulation 2026-06-30 (Resolution), dated June 30, 2026 from NJ Board of Public Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jersey Central Power & Light Company hold?

Jersey Central Power & Light Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jersey Central Power & Light Company's profile

What is NJ Board of Public Utilities currently buying?

Explore NJ Board of Public Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View NJ Board of Public Utilities's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free