New Jersey Board of Public Utilities

Middlesex Water Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023
New Jersey Board of Public Utilities, Water, Middlesex Water Company, Maintenance, Tidewater, Delaware Public Service Commission, Public, Calendar, Renewable energy, Cryptocurrency

ISELIN, N.J., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today announced third quarter financial results.

Key Points: 
  • ISELIN, N.J., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today announced third quarter financial results.
  • Revenues for the quarter ended September 30, 2023 decreased $1.0 million to $46.7 million, compared to the same period in 2022.
  • The increase was largely related to higher purchased water, water treatment and outside service costs in our Middlesex System.
  • Operations and maintenance expenses for the nine months ended September 30, 2023 increased $5.0 million over the same period in 2022, primarily due to higher purchased water, water treatment outside service and labor costs.

Salem and Manville Voters Decisively Approve Selling Water, Sewer Systems to New Jersey American Water in Ballot Referendums

Retrieved on: 
Thursday, November 9, 2023
Public Policy, Government, State, Local, Utilities, Energy, Construction & Property, Building Systems, Water, Sale, Ageing, WIPA, Tax, American Water, Public utility, PFNA, New Jersey Board of Public Utilities, Acquisition, Egg Harbor City, New Jersey, New Jersey American Water, Investment, Salem City School District (New Jersey)

Voters in both Salem City and the Borough of Manville have decisively approved ballot referendums to transfer ownership of water and sewer operations to New Jersey American Water.

Key Points: 
  • Voters in both Salem City and the Borough of Manville have decisively approved ballot referendums to transfer ownership of water and sewer operations to New Jersey American Water.
  • New Jersey American Water is the current water provider for Manville.
  • “I want to thank the residents, elected officials, and community leaders in both Salem City and the Borough of Manville for supporting their respective referendums and entrusting us with their water and sewer systems,” said Mark McDonough, president of New Jersey American Water.
  • New Jersey American Water anticipates completing both acquisitions in the second half of 2024, following approval from the New Jersey Board of Public Utilities.

Offshore Wind Advocates Prevail in Win for New Jerseyans

Retrieved on: 
Wednesday, November 8, 2023
Public, Garden State, ACP, New Jersey Board of Public Utilities, News, Wind, Government, Renewable energy

Champions of offshore wind development prevailed in highly competitive races across New Jersey—including South Jersey and the Shore.

Key Points: 
  • Champions of offshore wind development prevailed in highly competitive races across New Jersey—including South Jersey and the Shore.
  • In a year where misinformation and coordinated attacks on offshore wind dominated the news, this is a victory for New Jerseyans and their economic and clean energy future.
  • Impressive turnout for candidates who support offshore wind development tells us what we already knew: the majority of New Jersey voters favor offshore wind development and the critical health, environmental, and energy security benefits it will bring to the Garden State.
  • "Governor Murphy and the New Jersey Board of Public Utilities are set to announce a new round of offshore wind projects before the end of the year.

New Jersey-Based DCO Energy and Jersey City Public Schools Embark on Energy Savings Improvement Program Project – Largest Project Approved by the New Jersey Board of Public Utilities to Date

Retrieved on: 
Wednesday, October 25, 2023
Other Energy, Utilities, Construction & Property, Energy, Other Education, Building Systems, Education, Other Construction & Property, Knowledge, Oil lamp, Solar energy, Coronavirus, New Jersey Department of Community Affairs, Jersey City Public Schools, Student, Education for Economic Security Act, New Jersey Board of Public Utilities, New Jersey Department of Education, Carbon, American Rescue Plan Act of 2021, Electricity, Engineering, Senior, Carbon footprint, Competitive advantage, Superintendent, Lighting, Partnership, School, Public, Heat, HVAC, Woman, DCO, Economy, ARP, Management, Tutoring, Heating, ventilation, and air conditioning

Jersey City Public School District has a total of 44 schools, representing 5.5 million square feet, and will receive significant renovations and improvements.

Key Points: 
  • Jersey City Public School District has a total of 44 schools, representing 5.5 million square feet, and will receive significant renovations and improvements.
  • Thanks to fantastic long-term facility improvements, 1,100 local well-paying careers will be available in the Jersey City area.
  • "This project is a testament to the sustainable and health safety priorities of Jersey City Public Schools,” said Dr. Norma Fernandez, Superintendent of Jersey City Public Schools District.
  • In partnership with Jersey City Public Schools, DCO Energy and its Competitive Edge team, will deploy local education resources to deliver customized educational programs for Jersey City Public School students.

New Jersey American Water Completes Acquisition of Somerville Sewer System

Retrieved on: 
Tuesday, October 3, 2023
Energy, Green Technology, Utilities, Environment, New Jersey Board of Public Utilities, Bound Brook, Water, New Jersey American Water, Egg Harbor, American Water, Acquisition, Customer service, Multimedia, Public utility, Sale, Billing

New Jersey American Water today completed its acquisition of the wastewater collection system of the Borough of Somerville, N.J. for $7 million.

Key Points: 
  • New Jersey American Water today completed its acquisition of the wastewater collection system of the Borough of Somerville, N.J. for $7 million.
  • This municipally owned system serves approximately 3,800 customers, most of whom already receive water service from New Jersey American Water.
  • On September 27, 2023, the New Jersey Board of Public Utilities approved the municipal consent allowing New Jersey American Water to provide sewer service to Somerville customers as of the closing of the transaction.
  • In June 2023, New Jersey American Water also completed its acquisition of Egg Harbor City’s water and sewer system via the state’s Water Infrastructure Protection Act, adding more than 1,500 water and sewer customers.

New Jersey American Water Cuts the Ribbon on New Lawnside Operations Center

Retrieved on: 
Thursday, September 28, 2023
Energy, Environment, Commercial Building & Real Estate, Construction & Property, Utilities, New Jersey Board of Public Utilities, Workforce, New Jersey American Water, Control, Water, American Water, McDonough, Tourism

Joined by New Jersey Board of Public Utilities Commissioners Mary-Anna Holden and Marian Abdou, and Lawnside Mayor Mary Ann Wardlow, New Jersey American Water today cut the ribbon on its new Operations Center in Lawnside.

Key Points: 
  • Joined by New Jersey Board of Public Utilities Commissioners Mary-Anna Holden and Marian Abdou, and Lawnside Mayor Mary Ann Wardlow, New Jersey American Water today cut the ribbon on its new Operations Center in Lawnside.
  • Serving the company’s Southwest region, the Lawnside Operations Center brings 83 employees to Lawnside with the possibility of growing by upwards of 20 percent in the future.
  • “It has been two years since we stood here joined by the commissioner and New Jersey American Water,” said Lawnside Mayor Mary Ann Wardlow.
  • The completion of the New Jersey American Water operations center in the historic borough of Lawnside will not only benefit us today but will leave a lasting legacy for generations to come.

Daqo New Energy's Subsidiary Xinjiang Daqo Announced its Share Repurchase Program for 2023

Retrieved on: 
Tuesday, August 22, 2023
Daqo New Energy, New Jersey Board of Public Utilities, Ministry of New and Renewable Energy, Share repurchase, NYSE, Renewable energy

SHANGHAI, Aug. 22, 2023 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that the board of directors (the "Board") of its subsidiary Xinjiang Daqo New Energy Co., Ltd. ("Xinjiang Daqo") has approved a share repurchase program authorizing Xinjiang Daqo to repurchase RMB200 million to RMB400 million worth of its issued and outstanding shares by means of centralized bidding transactions, effective until August 22, 2024.

Key Points: 
  • SHANGHAI, Aug. 22, 2023 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that the board of directors (the "Board") of its subsidiary Xinjiang Daqo New Energy Co., Ltd. ("Xinjiang Daqo") has approved a share repurchase program authorizing Xinjiang Daqo to repurchase RMB200 million to RMB400 million worth of its issued and outstanding shares by means of centralized bidding transactions, effective until August 22, 2024.
  • Based on a purchase price not exceeding RMB50 per share approved by its board, Xinjiang Daqo may repurchase less than 0.4% of its outstanding shares under this program.
  • Xinjiang Daqo expects to fund the repurchases out of its own funds, and plans to use the repurchased shares for its share incentive plans subject to relevant regulatory requirements.

The New Jersey Board of Education Must Rescind Anti-Science, Harmful “Equity Code” That Erases Diversity, Urges the Association of American Physicians and Surgeons

Retrieved on: 
Wednesday, August 16, 2023
New Jersey Board of Public Utilities, Male, Association of American Physicians and Surgeons, Parent, Physician, AAPS, Science, Ethics, DEI, Letter, Safety, Mental health, N. O. Nelson, Female, Pharmaceutical industry, Nursing, Surgeon

“Among other changes, the approved amendments attempt to redefine and even erase the terms ‘male’ and ‘female,’” the letter states.

Key Points: 
  • “Among other changes, the approved amendments attempt to redefine and even erase the terms ‘male’ and ‘female,’” the letter states.
  • “The amendments are not based on science, but instead on ever-changing sociological ideas and political influence,” AAPS writes.
  • Another ongoing and related controversy in New Jersey is also addressed by AAPS.
  • Let’s celebrate our differences and true diversity.”
    The Association of American Physicians and Surgeons (AAPS) is a national organization representing physicians in all specialties since 1943.

Atlantic Shores Offshore Wind submits offshore wind project bid in New Jersey

Retrieved on: 
Friday, August 4, 2023
New Jersey Board of Public Utilities, PBI, Research, Public utility, Wind, Garden State, Secretary of State of New Jersey, Atlantic Ocean, Barnegat Light, New York Bight, Garden, Renewable energy, Atlantic Shore Line Railway

ATLANTIC CITY, N.J., Aug. 4, 2023 /PRNewswire/ -- Today, Atlantic Shores Offshore Wind, LLC (Atlantic Shores) a 50:50 joint venture between Shell New Energies US LLC and EDF-RE Offshore Development, LLC (a subsidiary of EDF Renewables North America), announced it has submitted a proposal to the New Jersey Board of Public Utilities in support of the state's bold, ambitious goal of reaching 11,000 megawatts (MW) of offshore wind energy by 2040.

Key Points: 
  • ATLANTIC CITY, N.J., Aug. 4, 2023 /PRNewswire/ -- Today, Atlantic Shores Offshore Wind, LLC (Atlantic Shores) a 50:50 joint venture between Shell New Energies US LLC and EDF-RE Offshore Development, LLC (a subsidiary of EDF Renewables North America), announced it has submitted a proposal to the New Jersey Board of Public Utilities in support of the state's bold, ambitious goal of reaching 11,000 megawatts (MW) of offshore wind energy by 2040.
  • Atlantic Shores has three offshore wind energy lease areas totaling more than 400 square miles under active development.
  • If selected, Atlantic Shores would supply renewable energy to hundreds of thousands of New Jersey households beyond the 1,510 MW already being delivered as part of Atlantic Shores Project 1.
  • "Today's bid submission marks the culmination of over four years of dedicated planning and research by the Atlantic Shores team to deliver the most economically, environmentally, and socially responsible renewable energy solution for New Jersey," said Joris Veldhoven, Chief Executive Officer, Atlantic Shores Offshore Wind.

Middlesex Water Announces Second Quarter 2023 Financial Results

Retrieved on: 
Friday, July 28, 2023
Pinelands, Maintenance, PFAS, Middlesex Water Company, Delaware Public Service Commission, Tax, Public, Sale, New Jersey Board of Public Utilities, Water, Cryptocurrency, Life insurance

ISELIN, N.J., July 28, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today announced second quarter financial results.

Key Points: 
  • ISELIN, N.J., July 28, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today announced second quarter financial results.
  • Revenues for the quarter ended June 30, 2023 rose $3.1 million to $42.8 million compared to the same period in 2022.
  • Pinelands system revenues increased $0.1 million due to implementation of a NJBPU-approved rate increase effective April 15, 2023.
  • Operations and maintenance expenses for the quarter increased $1.6 million over the same period in 2022.