Rate Matters	3 Months Ended
Mar. 31, 2012
Rate Matters
Rate Matters	Note 2 – Rate Matters Middlesex - In January 2012, Middlesex filed an application with the New Jersey Board of Public Utilities (NJBPU) seeking permission to increase its base rates by approximately $11.3 million per year. The request was made as a result of capital investments Middlesex has made, or has committed to make, as well as increased operations and maintenance costs. We cannot predict whether the NJBPU will ultimately approve, deny, or reduce the amount of the request. A decision by the NJBPU is not expected until the fourth quarter of 2012. Tidewater – In September 2011, Tidewater filed an application with the Delaware Public Service Commission (DEPSC) seeking permission to increase its base rates by approximately $6.9 million per year. The request was made as a result of capital investments Tidewater has made, or has committed to make, as well as increased operations and maintenance costs. We cannot predict whether the DEPSC will ultimately approve, deny, or reduce the amount of the request. A decision by the DEPSC is not expected until the second half of 2012. In connection with the base rate increase request, Tidewater implemented a DEPSC approved 10.49% interim rate increase, subject to refund, on November 15, 2011. TESI – In July 2011, TESI filed an application with the DEPSC seeking permission to increase its base rates by approximately $0.8 million per year. TESI and all intervening parties have reached a settlement on the base rate increase request, which would allow a $0.6 million rate increase phased in over 4.5 years. The settlement has been submitted to the Hearing Examiner for his decision, which when rendered will be presented to the DEPSC for a final decision. TESI expects that decision to be issued during the second quarter of 2012.

Rate Matters

3 Months Ended

Mar. 31, 2012

Note 2 – Rate Matters

Middlesex - In January 2012, Middlesex filed an application with the New Jersey Board of Public Utilities (NJBPU) seeking permission to increase its base rates by approximately $11.3 million per year. The request was made as a result of capital investments Middlesex has made, or has committed to make, as well as increased operations and maintenance costs. We cannot predict whether the NJBPU will ultimately approve, deny, or reduce the amount of the request. A decision by the NJBPU is not expected until the fourth quarter of 2012.

Tidewater – In September 2011, Tidewater filed an application with the Delaware Public Service Commission (DEPSC) seeking permission to increase its base rates by approximately $6.9 million per year. The request was made as a result of capital investments Tidewater has made, or has committed to make, as well as increased operations and maintenance costs. We cannot predict whether the DEPSC will ultimately approve, deny, or reduce the amount of the request. A decision by the DEPSC is not expected until the second half of 2012. In connection with the base rate increase request, Tidewater implemented a DEPSC approved 10.49% interim rate increase, subject to refund, on November 15, 2011.

TESI – In July 2011, TESI filed an application with the DEPSC seeking permission to increase its base rates by approximately $0.8 million per year. TESI and all intervening parties have reached a settlement on the base rate increase request, which would allow a $0.6 million rate increase phased in over 4.5 years. The settlement has been submitted to the Hearing Examiner for his decision, which when rendered will be presented to the DEPSC for a final decision. TESI expects that decision to be issued during the second quarter of 2012.