A Strain on BusinessesJanuary 4, 2010 – In The News
Gov. Jon S. Corzine’s energy master plan for the state last year with a focus on efficiency, savings and renewable sources, resonated with utilities and their residential customers. However, there was no guarantee that the utilities could recover investments in energy efficiency while protecting consumers’ interests.
The New Jersey Board of Public Utilities has reached settlements with several utilities on their energy-efficiency programs, but the New Jersey Large Energy Users Coalition has filed a petition with the BPU protesting the mechanism for utilities to recover their energy-efficiency investments from customers.
“A lot of those programs don’t benefits us, and we pay disproportionately for that,” said Steven S. Goldenberg, NJLEUC’s attorney, and chair of Fox Rothschild’s energy and public utilities practice group. “It’s a tough economy for us to be paying more.”