Browse subject matter Videos By CategoryFood DrinkHobbies, Games ToysThe Temporary Relief for Utility Expenses program was created by the Board of Public Utilities to offer a one time assistance payment to cover electric bills for low to moderate income households in financial need. the real Program, employed by the Affordable Housing Alliance, Requires people not be receiving benefits through any other state sponsored energy assistance program. The program helps individuals and families on a year round basis by providing a one time relief payment to cover an energy bill.
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We want are very important that's lower than our peer group because we recognize it's important not only to be consistent with dividend increases but also as I said to reinvest in the company.And then finally exercising a strong financial profile, A minimum equity ratio of 50% in order that we've got access that we need to the capital that's going to be required to support our capital investment plans going forward.Now let me start out expounding on Sandy, I am going to talk very clearly about the financial impact of Sandy, But I need to start out by telling you that in my 28 years with the company and I believe in the history of the company over 60 years, This was you're able to send finest hour.We were hit by Sandy there was no doubt about that and we had to shut down two areas of our service territory affecting about 32,000 diners, But within an 8 week period our team was able to conduct more than a 120,000 examination, [64,000] Anomalies go through the whole process of restoring those 32,000 users and doing all that within 8 weeks. it really is a job that was done, It was absolutely astounding.It was difficult at first because we had troubled arriving at the to those areas that were affected by the storm, And that quite frankly as we try to give information out to you about what had happened with the storm, The information kept changing and we wanted to be as transparent as possible and being sure that everyone understood exactly what had happened there.I think many of Matt Elam nfl jersey { most likely saw some of the pictures from the barrier islands to a less extent from Long Beach Island, But our team was able to respond to that and restore service to all customers who had the ability to have service about 32,000 and do that in a period of 8 weeks absolutely wonderful.Now from a financial view, The impact was lower than what we had created estimated. And as we were actually working on the project on the barrier islands and on Long Beach Island, We were getting more and more information and we were trying to update everyone consistently as I said.