Lambertville Water Co. v. New Jersey Board of Public Utility Commissioners

The opinion of the court was delivered by

Sullivan, J.

This appeal involves a dispute as to the effective date of a rate increase granted, or to be granted, a public utility by the Board of Public Utility Commissioners following prolonged administrative and judicial review proceedings. The Appellate Division held that the rate increase must be made effective as of the date of the expiration of the two four-month periods of suspension which the Board is permitted to order under N. J. S. A. 48:2-21 (d) or any further suspension agreed to by the utility pursuant to N. J. S. A. 48:2-21.3.

The Board…