Ready for this one, Save Jerseyans?
I doubt you are!
At today’s New Jersey Board of Public Utilities (BPU) meeting, the state agency decided to approve an “equity” plan to tie energy rates to income. That’s right: the BPU (populated by Murphy appointees) wants to base your utility bill on your income level; high income and middle income families can expect increases while households that have already qualified for state utility assistance would likely receive a downward adjustment.
New Jerseyans are already bracing for electric bill jumps of up to 20% beginnign June 1st.
“Because of progressive Democrat policies that have been blocking commonsense energy expansion for the past 8 years, New Jersey families are already grappling with some of the highest energy costs in the nation,” Sen. Anthony Bucco (R-25), the GOP’s Senate minority leader. “Rather than unfairly burdening more residents with higher energy bills, we should be working hard to reduce costs by creating more electric power generation as fast as possible with reliable and conventional energy sources like natural gas.”
As awful as this news is for ratepayers (and common sense), Assembly Democrats may be no less enthusiastic about the timing of this move. Recent Democrat talking points obtained by Save Jersey suggest Democrat panic and confusion in the majority caucus as to how to best spin massive energy cost increases directly related to their own failed policies. The entire Assembly is on the ballot this November along with the governorship.
“New Jersey is already on a dangerous path thanks to Trenton Democrats, but if this redistribution tax goes through, it will be simply unsustainable. Continuing to emulate California is a recipe for disaster,” added Bucco. “Enough of these desperate gimmicks. Ratepayers are catching on. This income-based utility rates scheme is just another way for Democrats to shift the financial load onto hardworking New Jerseyans.”
