“WE URGE GOVERNOR MURPHY TO DO WHAT’S BEST FOR NEW JERSEY RATEPAYERS BY VETOING THIS UNNECESSARY ENERGY TAX”

Trenton, NJ – Matt Fossen, spokesperson for the NJ Coalition for Fair Energy, released the following statement today after S. 2313/A. 3724 were jointly passed by the New Jersey General Assembly and Senate:

“The results of today’s vote are disappointing and disconcerting. What lawmakers have agreed to is not necessary financial assistance. It is a massive corporate bailout, paid for by a tax hike on ratepayers, simply to pad the bottom line of plants which are demonstrably profitable. While today’s outcome is a setback, it is not the end of this issue – and we will continue to reiterate the facts about PSEG’s nuclear plants. We urge Governor Murphy to recall those facts, and do what’s best for New Jersey ratepayers by vetoing this unnecessary energy tax.”

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