NEW YORK (AP) -- Public Service Electric and Gas is estimating the cost of power restoration after Superstorm Sandy and a subsequent Nor'easter at between $250 million and $300 million.
PSE&G, New Jersey's largest utility, says the storm left 1.7 million of its electric customers without power during the course of the storm -- the most in the utility's history.
The storm also caused severe damage to its infrastructure. The Newark company, a unit of Public Service Enterprise Group, says its crews are still working to repair its system.
The utility says the estimate does not include the cost of beefing up its infrastructure to better protect it from future storms.
PSE&G continues to forecast operating earnings of $2.25 to $2.50 per share for the full year. FactSet says analysts expect $2.39.
Monday, June 17 2013 6:26 PM EDT2013-06-17 22:26:45 GMT
A man aboard a United Airlines flight bound for Newark Liberty International Airport claimed his fellow passengers on the plane had been poisoned and was screaming about going to die.
A man aboard a United Airlines flight bound for Newark Liberty International Airport claimed his fellow passengers on the plane had been poisoned and was screaming about going to die.
Monday, June 17 2013 2:56 PM EDT2013-06-17 18:56:27 GMT
The New Jersey Department of Environmental Protection and a shore community will receive more than $53 million in federal reimbursement for the cost of removing debris from waterways after Superstorm Sandy.
The New Jersey Department of Environmental Protection and a shore community will receive more than $53 million in federal reimbursement for the cost of removing debris from waterways after Superstorm Sandy.
New Jersey lawmakers are poised to take up a bill that would allow those who are in the country illegally to qualify for in-state tuition rates at state colleges and universities.
New Jersey lawmakers are poised to take up a bill that would allow those who are in the country illegally to qualify for in-state tuition rates at state colleges and universities.
Monday, June 17 2013 12:20 PM EDT2013-06-17 16:20:15 GMT
lie Hermann has started her first full day as Rutgers' athletic director. A university spokesman tweeted late Monday morning that Hermann was on campus.
lie Hermann has started her first full day as Rutgers' athletic director. A university spokesman tweeted late Monday morning that Hermann was on campus.
New Jersey lawmakers are poised to take up a bill that would allow those who are in the country illegally to qualify for in-state tuition rates at state colleges and universities.
New Jersey lawmakers are poised to take up a bill that would allow those who are in the country illegally to qualify for in-state tuition rates at state colleges and universities.
Saturday, June 15 2013 7:27 PM EDT2013-06-15 23:27:36 GMT
TRENTON, N.J. (AP) — Motorists are seeing stable prices at the pumps in New Jersey.AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.40, the same price as last week. It's also the same price motorists were paying a year ago.The national average price also remained stable, coming in at $3.63 for the second straight week.
TRENTON, N.J. (AP) — Motorists are seeing stable prices at the pumps in New Jersey.AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.40, the same price as last week. It's also the same price motorists were paying a year ago.The national average price also remained stable, coming in at $3.63 for the second straight week.
Friday, June 14 2013 10:22 PM EDT2013-06-15 02:22:14 GMT
Fox 5 did not notice any strapless dresses watching students arrive Friday night at a dance for Readington Middle School in New Jersey. That is exactly what the principal wanted.
Fox 5 did not notice any strapless dresses watching students arrive Friday night at a dance for Readington Middle School in New Jersey. That is exactly what the principal wanted.
Friday, June 14 2013 10:13 PM EDT2013-06-15 02:13:07 GMT
A simple commute into New York City on a New Jersey Transit bus turned into a nightmare on Thursday. The driver appeared to get lost, so the 45-minute ride took more than two hours.
A simple commute into New York City on a New Jersey Transit bus turned into a nightmare on Thursday. The driver appeared to get lost, so the 45-minute ride took more than two hours.
