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NJ BPU Advances Nuclear Subsidies, Adopts Customer Charge

November 20,2018

The New Jersey Board of Public Utilities (NJBPU) has approved a Zero Emission Credit (ZEC) program and application process for nuclear power plants.

The Board today also approved the tariff modifications to implement a rate for collection by the Electric Utilities for the ZEC funding, as prescribed in the law. The rate will be $0.004 per kilowatt-hour, but collection of the tariff charge will start only if a nuclear plant is deemed eligible.

As previously reported, the nuclear subsidy law (S2313) places the ZEC purchase obligation placed only on electric distribution companies

Nuclear   New Jersey  

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