Your electric bills would rise under Trump plan that could help coal industry

new jersey environment news, Trump

JONATHAN D. SALANT / NJ.COM – Electric rates for New Jersey homeowners could rise more than $4 a month under a Trump administration proposal that opponents said also could help a coal industry that was among the president’s top 2016 campaign contributors.

The Republican-controlled Federal Energy Regulatory Commission is considering whether to require carbon-free energy sources such as solar, wind and nuclear to charge higher prices when trying to sell their power to the regional energy grid that includes New Jersey, thus providing a cost advantage to fossil fuels such as coal and natural gas …

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