Will NJ consumers end up on hook for transmission line to other states?

New Jersey environment, energy, electricity

TOM JOHNSON / NJ SPOTLIGHT – New Jersey ratepayers may end up paying a bigger share of the cost of a controversial transmission line to deliver power from the state’s three nuclear power plants to customers in Delaware and Maryland.

The Federal Energy Regulatory Commission last week denied a rehearing request filed by two New Jersey regulatory agencies over FERC’s allocation of costs for a $278 million power line from the nuclear units at Artificial Island operated by PSEG Nuclear to Delaware.

The decision disappointed New Jersey officials, but marked a victory for mid-Atlantic states, which would have assumed more than 90 percent of the costs of the project under the original allocation formula. Instead, customers of New Jersey’s four electric utilities will now be picking up roughly 40 percent of the costs …

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