N.J. Admin. Code § 14:5-8.10

Current through Register Vol. 56, No. 12, June 17, 2024

Section 14:5-8.10 - Establishment of reliability service performance level

(a) For each of an EDC's operating areas, the reliability performance level is established as follows:

1. The operating area's CAIDI benchmark standard is set at the five-year average CAIDI for the previous five years;

2. The operating area's SAIFI benchmark standard is set at the five-year average SAIFI for the previous five years;

3. The minimum reliability level for each operating area is attained when its annual CAIDI and SAIFI are no higher than the CAIDI and SAIFI five-year benchmark standard plus 1.5 standard deviations.

(b) When the CAIDI and SAIFI of an EDC or its operating area do not meet the minimum reliability performance level, further review, analysis, and corrective action are required.

(c) The minimum reliability performance level to be assigned to an EDC and/or its operating area shall be reviewed and may be adjusted by Board order for subsequent years after consideration of various factors, including:

1. A comparison of actual multi-year CAIDIs and SAIFIs;

2. Trends among indices;

3. The average high and low values of multi-year indices;

4. Local geography, weather and electric system design of an operating area;

5. The relative performance of an operating area in relation to other operating areas of a given EDC's franchise area;

6. A comparison of the performance of all operating areas of all EDCs; and

7. A comparison of the performance of the EDC to other states or industry statistics.

N.J. Admin. Code § 14:5-8.10

Amended and recodified from 14:5-8.9 by 47 N.J.R. 2165(c), effective 8/17/2015

Amended by 55 N.J.R. 312(b), effective 2/21/2023