October 2013, Vol. 240 No. 10

In The News

AGL Resources Gets Green Light For Upgrades

AGL Resources Inc. received unanimous approval from the New Jersey Board of Public Utilities (BPU) to implement its accelerated infrastructure replacement (AIR) program. This allows AGL’s Elizabethtown Gas utility to invest $115 million over four years to enhance the safety, reliability and integrity of its distribution system. Under the terms, Elizabethtown Gas will file a rate case no later than Sept. 1, 2016. During the term of the AIR program, Elizabethtown Gas will accrue allowance for funds used during construction and associated carrying costs from the time the project is placed in service until its costs are recovered through base rates. The New Jersey infrastructure program

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