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New Jersey Lawmakers to Vote on the Future of Salem and Hope Creek TODAY

  • By Admin
  • February 26, 2018

TODAY, February 26th, New Jersey lawmakers are expected to vote on legislation that was finally approved by a joint Assembly and Senate committee last Thursday.

The legislation would offer Public Service Enterprise Group up to $300 million in assistance to keep its nuclear plants (Salem and Hope Creek) operating until 2035. It would be financed by the state’s utility ratepayers at a cost, estimated at $3.40 per month.

However, to get this bill past the committee, renewable energy requirements were added, which will guarantee that 35% of PSEG’s electric supply will be coming from renewable sources by 2035; up from its current value of only 3%.

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