BPU Considers Rolling Back or Ruling Out Surcharges Paid by Big Businesses and Academic InstitutionsOctober 7, 2010 – In The News
The issue of whether state regulators are ready to grant relief on energy bills for some of New Jersey’s largest companies and institutions is now the subject of an ongoing proceeding before the state Board of Public Utilities (BPU). According to Steven Goldenberg, the “inconvenient truth” is the various surcharges added to utility bills are a significant portion of the total bills and cost more than the cost of the electric utility delivering the power. Goldenberg wrote, “In an already difficult economic climate, the adverse impact these mounting surcharges have on the ability of New Jersey businesses to remain viable and cost competitive can no longer be minimized or ignored.”
In his brief, Goldenberg proposed a variety of options that would relieve his clients from some of the Regional Greenhouse Gas Initiative (RGGI) surcharges. One of these options is an opt-out that would eliminate the surcharge if a customer could demonstrate its privately funded energy efficiency measures or steps taken to reduce energy use during times of peak demand.