Ratepayer advocate calls on New Jersey Supreme Court to reverse decision allowing subsidy to nuclear power
Nuclear subsidy gets new challenge, NJ Spotlight TOM JOHNSON, ENERGY/ENVIRONMENT WRITER | APRIL 14, 2021 | ENERGY & ENVIRONMENT, NJ ratepayer advocate asks Supreme Court to consider decision on $300 million subsidy. Regulators are poised to add more,
New Jersey Rate Counsel Director Stefanie Brand is asking the New Jersey Supreme Court to reverse last month’s appellate court decision upholding the award of hundreds of millions in ratepayer subsidies to the state’s nuclear power plants.
In a notice of a petition for certification, the Division of Rate Counsel argued the lower court erred when it upheld the New Jersey Board of Public Utilities’ decision in 2019 to approve $300 million in new surcharges on customers’ gas and electric bills. Without the subsidies, Public Service Enterprise Group, whose subsidiary operates three nuclear units in South Jersey, has threatened to close the plants because they are no longer profitable.
If the high court decides to review the case, it could result in the justices taking up the case at roughly the same time as the BPU, which is scheduled to decide whether the plants — Hope Creek, Salem I and Salem II — qualify for additional subsidies from ratepayers for another three years. The BPU is expected to rule on those applications on April 27. The first subsidy added about $70 a year to what residential customers pay for electricity……… https://www.njspotlight.com/2021/04/nj-rate-counsel-director-stefanie-brand-seeks-supreme-court-reversal-300-million-nuclear-subsidy-pseg/
No comments yet.
-
Archives
- May 2022 (195)
- April 2022 (378)
- March 2022 (405)
- February 2022 (333)
- January 2022 (422)
- December 2021 (299)
- November 2021 (400)
- October 2021 (346)
- September 2021 (291)
- August 2021 (291)
- July 2021 (257)
- June 2021 (210)
-
Categories
- 1
- 1 NUCLEAR ISSUES
- business and costs
- climate change
- culture and arts
- ENERGY
- environment
- health
- history
- indigenous issues
- Legal
- marketing of nuclear
- media
- opposition to nuclear
- PERSONAL STORIES
- politics
- politics international
- Religion and ethics
- safety
- secrets,lies and civil liberties
- spinbuster
- technology
- Uranium
- wastes
- weapons and war
- Women
- 2 WORLD
- ACTION
- AFRICA
- AUSTRALIA
- Christina's notes
- Christina's themes
- culture and arts
- Fuk 2022
- Fukushima 2017
- Fukushima 2018
- fukushima 2019
- Fukushima 2020
- Fukushima 2021
- general
- global warming
- Humour (God we need it)
- Nuclear
- RARE EARTHS
- Reference
- resources – print
- Resources -audiovicual
- World
- World Nuclear
- YouTube
-
RSS
Entries RSS
Comments RSS
Leave a Reply