Welcome, Concerned Citizen
Are you ready to help stop PSEG from taking over $300 million more per year from ratepayers for its nuclear plants – even though they’re financially secure and can rely on existing solutions should they ever need help? Great!
Simply fill out the form below and we’ll send an email in your name to the Governor and the NJ State legislators for your district. If you’d like a little more detail, check out our info site, or watch this short video:
THE FACTS ABOUT PSEG’S “STRUGGLES” IN NEW JERSEY
- Despite being projected to earn less than $5 billion in market revenue since 1999, PSEG has made $7.6 billion from its two New Jersey plants since 1999.
- Research from Daymark Energy Advisors found that “In all cases, the net present value of actual revenue exceeds the net present value of the forecasted revenues.”
- PSEG has also enjoyed billions of extra dollars via ratepayer-funded stranded costs. The data shows that, since 1999, PSEG has made $4.5 billion in such charges in New Jersey, $2.4 billion of which was explicitly for its nuclear units.
Enter Your Info Here to Send Your Message to Legislators:
Subject: Stop the PSEG Energy Tax
Dear [Legislator’s Name],
I’m writing today to express concern over a proposal being considered in Trenton which would raise my bills and hurt the state’s economy – a bailout for PSEG and two of its nuclear stations.
According to multiple reports, it would cost over $300 million a year, hurting ratepayers and local businesses the most.
Raising rates on people who already pay among the highest electricity rates in the country causes worry and confusion. When that money is slated to go to plants that are profitable, it causes downright anger.
[Legislator’s Name], you were elected to represent individuals like me – not big corporate interests. I trust you haven’t forgotten this, and I ask you to reject this terrible proposal.
(Note: You must enter a New Jersey zip code in order to submit this form. We take your privacy seriously, and will never give your email address to anyone else.)