PSEG wins dismissal of suit seeking return to customers "stranded costs" recovered as part of electric industry deregulation
Clients Public Service Electric & Gas Co.
On behalf of Public Service Electric Gas & Electric Co. (PSEG), Jones Day obtained dismissal of a suit attempting to return to customers stranded costs recovered by the utility as part of the electric industry deregulation.
Murphy v. Public Service Electric & Gas Co., Case No. 63,917 (N. J. Supreme Ct., May 8, 2009)