Sierra Club: Trump-Era Federal Rule to Increase New Jersey Consumers' Energy Costs by Hundreds of Millions Without an Intervention
March 24, 2021
March 24, 2021
TRENTON, New Jersey, March 24 -- The Sierra Club issued the following news release:
The New Jersey Board of Public Utilities (NJBPU) released an analysis of potential massive cost impacts to New Jersey consumers as a result of the Trump-era federal meddling in the PJM capacity market. The federal rule, known as the Minimum Offer Price Rule (MOPR), essentially bails out uneconomic fossil fuel companies at the consumer's expense by forcing them to needlessly pay twice for generation c . . .
The New Jersey Board of Public Utilities (NJBPU) released an analysis of potential massive cost impacts to New Jersey consumers as a result of the Trump-era federal meddling in the PJM capacity market. The federal rule, known as the Minimum Offer Price Rule (MOPR), essentially bails out uneconomic fossil fuel companies at the consumer's expense by forcing them to needlessly pay twice for generation c . . .