NEW JERSEY APPROVES GPU <GPU> UNIT'S RATE CUT
General Public Utilities Corp
said the New Jersey Board of Public Utilities has approved a 72
mln dlrs annual reduction in energy-adjustment charges for the
company's Jersey Central Power and Light Co subsidiary.
    The change in the utility's Levelized Energy Adjustment
Charge represents a five pct decrease in overall electricity
rates.
    On January 28, Jersey Central filed for a 32 mln dlr a year
decrease in the charge, asking to retain the difference to
prevent an increase in these charges next year, a company
spokesman said.
 Reuter
