In New Jersey, energy issues have emerged as a high priority for both consumers and businesses, with costs typically ranging in the top 10 most expensive in the nation. The Christie administration’s Energy Master Plan cites cutting those costs as a chief concern, in part, to make New Jersey more competitive with neighboring states. It is… Read the rest of this entry »
For most customers who use natural gas to heat their homes, costs will drop this winter. The state Board of Public Utilities yesterday approved new rates for the state’s four gas utilities, with all but South Jersey Gas customers seeing drops in their gas bills. The rates take effect today. The decline in customers’ bills continues… Read the rest of this entry »
Consumers could be paying up to $1.3 billion more than they should because the operator of the regional power grid fails to account for savings from energy efficiency in its long-term forecasts for electricity demand, according to a new study. The study, commissioned by the Sustainable FERC (Federal Energy Regulatory Commission) project, suggested the failure of… Read the rest of this entry »
A federal court has struck down the state’s efforts to spur development of new power plants, a decision with potentially big implications for what electricity customers will pay on their future energy bills. The ruling, handed down late Friday by…
Posted: October 13th, 2013 | Author:admin | Filed under:News, NJNewsCommons | Tags:Electric Utilities, Energy, news | Comments Off on Feds Strike Down State’s Plan to Use Customer Subsidies For New Power Plants
In a case with the potential to save New Jersey’s utility customers billions of dollars on their electric bills, a federal district court this week declared Maryland’s effort to spur building of new power plants unconstitutional. The ruling does…
Bipartisan Legislation Advances Administration’s Commitment to Development of Renewable Energy Resources in New Jersey
Trenton, NJ – Taking action that continues the Christie Administration’s commitment to fostering the development of renewable energy resources in New Jersey, Governor Chris Christie today signed into law bipartisan legislationto strengthen and encourage the continued growth of New Jersey’s solar industry, while protecting ratepayers from increased costs. The bill, S-1925, couples an acceleration of the renewable portfolio standard (RPS) for solar energy with a reduction of the solar alternate compliance payments, meeting an important goal of the Governor’s 2011 Energy Master Plan (EMP), strengthening the solar market in New Jersey, and securing the state’s place as a national solar energy leader.
“Since my time running for office, I made it clear that my Administration would be unrivaled in our aggressive support for the development of renewable sources of energy in New Jersey. Renewable energy not only helps meet our goals of increasing sustainability and protecting the environment, but can be an engine for economic growth and the creation of good-paying jobs for the people of our state,” said Governor Christie. “The bill I am signing today furthers these goals and will help us remain a national leader in the solar energy industry as we continue to promote innovative approaches to solar development, like developing landfills and other unusable lands and transforming them into sources of usable clean energy, all while holding down costs for families and businesses.”