The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Westwood NJ, New Jersey residents, brace yourselves—your utility bills may soon be tied to your income level. In a controversial move, the New Jersey Board of Public Utilities (BPU) has approved an “equity” plan that could lead to higher energy costs for middle- and high-income households while reducing bills for lower-income residents.
Continue reading New Jersey’s Latest Plan Could Mean Higher Utility Bills for Middle-Class Families
the staff of the Ridgewood blog
Ridgewood NJ, New Jersey’s 2024 Energy Master Plan (EMP) is under scrutiny as officials and stakeholders voice concerns over its all-electrification strategy. At a recent New Jersey Board of Public Utilities (BPU) public stakeholder meeting, industry leaders, including NJBIA Deputy Chief Government Affairs Officer Ray Cantor, warned that the plan could lead to higher energy costs and a less reliable power grid.
the staff of the Ridgewood blog
Long Beach Island NJ, A new analysis by Save Long Beach Island, Inc. shows that New Jersey electric bill payers and taxpayers will bear heavy costs for offshore wind projects, notably a 30, 40, and 50% increase in residential, commercial, and industrial electric bills respectively for the full 11,000 megawatt program. In light of these new findings, Save LBI is calling on New Jersey policymakers to scrutinize the benefits and costs of each project proposal and the potential for future price increases.
Continue reading Residential Electric Bills Set to Increase by 30% Due to Offshore Wind Projects
the staff of the Ridgewood blog
Trenton NJ, Senator Anthony M. Bucco (R-25) issued the following comments after a pair of Governor Phil Murphy’s nominees to the New Jersey Board of Public Utilities (BPU) failed to gain Senate confirmation today:
