Utilities - Nuke Tax 2020-2021 AARP

Utilities - Nuke Tax 2020-2021

 

OH NO – NOT AGAIN!
SAY NO TO ANOTHER NUKE TAX.

It's time to end the bailout of New Jersey's nuclear plants.

In 2019, New Jersey imposed an annual $300 million rate hike for three years on every New Jersey electricity customer to increase the profits of PSEG and its aging nuclear plants – effectively a new tax on everyone’s electric bill. Electric customers pay the tax – also called a zero emissions certificate or ZEC – even though PSEG is a profitable company and the electricity generated by these plants serve customers beyond state lines. PSEG now wants New Jersey to order consumers to continue to pay this tax for yet another three years and another almost one billion dollars.

It’s time to end the nuclear tax. Many New Jerseyans and small businesses are struggling just to get by and keep the lights on. Once was bad enough, and especially now, the last thing we need is another nuke tax taking more money from our pockets just to increase the profits of profitable energy companies.

Sign the petition. Say no to another nuclear tax.