Christie BPU: $3 Per Year to Support Solar Power “Too High”
With virtually no credible factual support, NJ Governor Christie repeatedly has claimed that the alleged high cost of energy harms NJ’s economy and drives business locations to other states.
But PSEG reports that their NJ electric rates are BELOW the regional average (see chart on page 23); that they benefit from a favorable regulatory environment (chart on page 59) and are “well positioned to succeed under numerous [regulatory] outcomes” (chart on page 13.)
But yesterday, we heard an even more bizarre fact free energy policy claim by the Christie Administration, this time about alleged subsidies to solar.
In testimony to the Senate Environment Committee (you can listen here), Ken Sheehan, Chief Counsel at the NJ Board of Public Utilities, announced the Administration’s concern that (this is a direct verbatim quote)
the level of subsidies to solar is too high
Chairman Smith then interjected and asked Sheehan how much the alleged excessive solar subsidies are.
Sheehan was unable to provide a factual response. It was an embarassing moment, and another new low in public policy.
It is simply incredible that a high public official could make such as sweeping claim on an issue of this significance and yet have no factual support for it.
Smith then said that the cost to support solar energy amounted to $3 per household per year (that’s less than a penny a day). Sheehan did not object to or refute that claim by Smith.
Governor Christie apparently finds that too much.