STATE OF NEW JERSEY Board of Public Utilitie.'i Two Gateway Center Newark, NJ

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1 Agenda Date: 7/11/08 Agenda Item: VIIS STATE OF NEW JERSEY Board of Public Utilitie.'i Two Gateway Center Newark, NJ CUSTOMER ASSISTANCE IRONMAN MANAGEMENT, LLC, PETITIONER v. PUBLIC SERVICE ELECTRIC AND GAS COMPANY, RESPONDENT ORDER ADOPTING INITIAL DECISION SETTLEMENT BPU DOCKET NO. GC U OAL DOCKET NO. PUC (SERVICE LIST ATTACHED BY THE BOARD: On December 20, 2007, Ironman Management, LLC (Petitioner filed a petition with the Board requesting a hearing regarding charges of Public Service Elec:tric and Gas Company (Respondent for electric services. After the filing of Respondent's answer, the Board transmitted this matter to the Office of Administrative Law (GAL for hearing and initial disposition as a contested case pursuant to N.J.S.A. 52:14B-1 m and N.J.S.A. 52:14F-1 m This matter was assigned to Administrative Law (ALJ Judge Gail M. Cookson. While this matter was pending at the GAL, the parties engaged in negotiations and reached a settlement that was submitted to the ALJ. By Initial Decision issued on June 6, 2008 and submitted to the Board on June 10, 2008, to which the settlement was attached and made part thereof, ALJ Cookson found that the agreement was voluntar/, that its terms fully disposed of all issues in controversy and that it met the requirements of 1: Pursuant to the terms of their settlement, the Respondent has agreed to credit Petitioner's account number xx xxx xxx 26 the amount of $55, based on Petitioner's palyment on August 8, 2007 of the same amount on account number xx xxx xxx 18.

2 In addition, Respondent has agreed to reverse and credit to Petitioner's account numbers xx xxx xxx 26 and xx xxx xxx 38 all late payment charges and field collection charges currently totaling $4, Petitioner, in turn, has agreed to pay the remaining balance on account number xx xxx xxx 26 on or before June 20, 2008 and to pay all future bills on a timely basis. After a review and consideration of the Initial Decision and the agreement of the parties, the Board HEREBY FINDS that the terms of the agreement represent a fair and reasonable resolution of all outstanding contested issues. Accordingly, the Board HEREBY ADOPTS the Initial Decision and agreement of the parties in their entirety as if fully set out herein. BOARD OF PUBLIC UTILITIES BY: =:: '711. JEANNE M FOX PRESIDENT COMMISSIONER ATTEST: L;!Jt' SECRETARY 2 BPU Docket No.ECO U OAL Docket No. PUCO

3 IRONMAN MANAGEMI:IT, LLC v. PUBLIC SERVICE ELECTRIC AND GAS COMPANY BPU Docket No. EC U OAL Docket No. PUC SERVICE LIST Jason Lembo Ironman Management, LLC sl Street Hoboken, New Jersey Ada Sachter Gallicchio, Esq. Lanciano & Associates, LLC 600 Alexander Road Princeton, New Jersey Sheree L. Kelly, Esq. PSEG Services Corporation 80 Park Plaza -T5G Eric Hartsfield, Director Julie Ford-Williams Division of Customer Assistance Board of Public Utilities Two Gateway Center Jessica Campbell, DAG Division of Law 124 Halsey Street P.O. Box BPU Docket No.ECO U GAL Docket No. PUCO

4 v. a PMII:S' 08 JUt.. I ' -,.,.- ""...'..."1"',, "'i'-"" J.'. -,,, J:"""'" I' I T...1 NEY/;\RK. N J. J6CS'Ld /" I t 0"../-;z L...,- (,,/-1 \1/.t..-"L., ; -;-',\ --, r Jy J-"1"-\. jes..,..,,,,::;, ( llili.!.!: SETTLEMENT G OAL DKT. NO. PUC '' AGENCY DKT. NO. ECO712095"4U C_I,., '--- Petitioner, PUBLIC SERVICE ELECTRIC & GAS COMPANY, Respondent. New Jersey is an Equal Opportunity Employer

5 attached hereto and made part hereof. Stipulation of Settlement and FIND: have reviewed the record and terms of the 1 The parties have voluntarily agreed to the settlement as evidenced by the signatures of the parties or their representatives. 2. with law, co ;t..ude that the agreement meets the requirements of AC. 1 : It ;;:" ORDERED that the parties comply with the settlement terms and that thesd prciceedings be and are hereby concluded. consideration. :ereoy FILE my initial decision with the BOARD OF PUBLIC UTILITIES for This recommended decision may be adopted, modified or rejected by the BOARD OF PUBLIC UTilITIES, which by law is authorized to make a final decision in this matter. If the Board of Public Utilities does not adopt, modify or reject this decision within forty-five (45 days and unless such time limit is otherwise extended, this recommended decision shall become a final decision in accordance with N.J.S.A. 52:14B-10. June DATE GAIL'M. COOKSON, ALJ DATE jb OFFICE OF ADMINISTRATIVE LAW 2

6 v. STATE OF NEW JERSEY OFFICE OF ADMINISTRA nve LAW J rojlmsn M2Daleftient, LLC Petitioner Pub tit, Service Electric alid Gas CompaJIY, Respondent OAt Dckef No. PUCCC Q RN BPU Docket No. ECO7UO954U STIPULA non OF SETrLEM1;:NT This matter having been brought befote the Office (If Adm.inisnuve Li.w by the Petitionel:7 Ironm MoarAagement, LLC rplo:titioner", a air1st Respondent Public SCl-,./jce EIctric and Gas Company r'pse&gf' or "Respondenf' for ut.ility service nde by PSE&:( to the Sky Club Fitnass and Spa. J( a Hoboken, NJ and the Part.ies having aed to ett]e this matter, haeby get forth 't;hc(ems and coddiuons of their settlement agroe1x1ent as follows: I PSE&G will it the Pctitinner's account numberlll_26 the sum of fifty. fic thou!and dollars (.$S5,OOO.OO, on PetitioXel"'s August paymq1 0];' thi atno1mt on account number -18. AU late p&'1uent cl1ar. Cld C(llcct;ion chargc3 on BCOunt nuinberiiiiiii'26 snd \mt number 38 be tc'vcrsed and cre:dited to Petirioner's ace un't: and J1All not be requlf to e paid by Petitioner. The current tota.l of such chaj'gcs j s fo"ltf"tnousand ninety and 41/100 dollars ($4, Thc rema.ining balance on al:cowt number --26 shall be paid on or before June 2O, 2008 and al] future bills shall be paid 'ana timely ba$is. P titjoner +agcm..t, LLC Responden.t: PSE&G By: MMa.gcr Customer Operations: - Ds.te: Date:-1Ig_--

7 ::;: r ',....', ' r-,,',,' " I.' '. \:,, '. 1 I.\ \ :... "\ ( -.U l.j! _//} Roben J. Giordano, AU & Manager of Organizational Development State of New Jersey OFFICE OF ADMINISTRATIVE 33 Washington Street ( ( LAW -- ",,","'\ \ ' I r-,', ""','\,_::,1..,,,- C\ II Ii A ': I " """"".-' V-.D. ;,'Icl' V J J U ':'.;! c,j, " " A.-","1:::, "7(/ ".'.;.,. '-.,...' f_,::,.:,; "'...', C ;. "'",o u...:o 8" \I" -.. c- (/...J -. ::>-' (.%? -:I._> c-i.j.j o:: u.j u- o- W4: --- s,::; ;%. 1: -, Date JUN :;:.;. 0::: ::: C ::.'3 Re: Initial Decisions for Receipt We are hereby forwarding to you the following decisions from the office of Administrative Law. Receipt is acknowledged as of the next business day of the date indicated below. Should a listed decision not be included in this batch, please call !, Board of Public Utilities Two Gateway Center Date /y '; 0 B ties 2p5-"-,YEW JERSEY IS AN EQU.-IL OPPORTUNITY EMPLOYER