PSE&G, AARP Trade Harsh Words Over Plan to Upgrade Grid
Seniors' organization argues against financing improvements with new surcharges to customer's bills.
Count the state chapter of AARP among those questioning the plan by Public Service Electric & Gas to spend close to $4 billion to modernize its electric power grid in the wake of Hurricane Sandy. In an unusual tiff between a PSE&G executive and the president of the AARP chapter in New Jersey, the two organizations traded exchanges this week accusing each other of misrepresenting aspects of the utility’s proposal to invest in $3.9 billion over 10 years to make its infrastructure more resilient in the wake of extreme weather. The dispute underscores the tough choices facing state regulators and utilities, both of which are under pressure from the public to avert widespread outages, that can leave some customers without any power for more …
Ira L. Marks
12:07 am on Friday, March 15, 2013
Somebody needs to stop these utilities who have total control over the BPU. more ›