Dive Summary:

• The Board of Public Utilities in New Jersey determined that Jersey Central Power and Light would need to file a base rate case and justify its rates to regulators Wednesday.
• The state Division of Rate Counsel had filed a petition asking whether the utility was earning an unreasonable profit.
• JCPL is reviewing the order, and the board had not yet set a hearing date.

From the article:

State utility regulators have ordered Jersey Central Power & Light to justify the rates it charges customers. ...