Tuesday, July 16, 2013

NJ enviros sue to change direction of energy investments

Two of New Jersey's state’s largest environmental groups are trying to intervene in a rate case in which the state's largest utility is seeking to spend up to $3.9 billion to make its energy infrastructure more resilient to extreme weather.

NJ Spotlight reports today:
The intervention, if granted by the BPU, would probably make what already has been a contentious rate case even more so. Despite the high cost of the initiative,even regulatory officials concede that the state must take steps to prevent 7 million people from losing power in extreme storms, which is what happened during Hurricane Sandy last October.
In a filing last week with the New Jersey Board of Public Utilities, the New Jersey Sierra Club and the New Jersey Environmental Federation argued that the agency should focus on enhancing efforts to promote energy efficiency, renewable energy, and distributed generation -- where electricity is produced and consumed locally.
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