The Bill Has Come Due: Murphy Administration Goes Back To The Energy Drawing Board

It’s time to admit the Murphy Energy plan is not feasible, will not result in reliable energy and will cost too much

Responding to recent reports that the state of New Jersey continues to hide the true impact and total financial burden for energy costs of the Murphy Administration’s $100 billion Energy Master Plan, Executive Director of Affordable Energy New Jersey Ron Morano offered the following comments:

“We applaud state government officials for finally recognizing that releasing the details of their $100 billion green fantasy will show that it is far too expensive for New Jersey taxpayers to stomach,” said Morano.

“The fact is, when times were good before the COVID pandemic, the state failed to release this information for the public to see the true costs of Phil Murphy’s Energy plan. Now they are attempting to use the pandemic to distract from the fact that they continue to keep the public in the dark about their flawed plans.

While the Murphy Administration says they need to go back to the drawing board before releasing any analysis of costs, the fact is they need to go back to the drawing board on Phil Murphy’s Energy Plan itself.”

New Report Shows NJ Energy Plan Will Cost Taxpayers Billions Per Year

Affordable Energy for New Jersey and Dr. Jonathan Lesser Release Report Findings

Today, Affordable Energy for New Jersey (AENJ), along with well-known energy expert Dr. Jonathan Lesser, the president of Continental Economics, Inc., released a new report that shows a grim future for New Jersey under the state’s Energy Master Plan (EMP). His analysis shows that the EMP’s building electrification mandates alone will cost businesses and residents in New Jersey at least $2 billion per year – a substantial increase our state cannot afford.

The EMP, New Jersey’s 100% clean energy roadmap, while commendable in theory, includes numerous costly mandates for electrifying the entire transportation industry, eliminating clean natural gas, and other shortsighted policies that could drastically impact the economy, at a time when our residents and businesses are already under financial strain.

The new report, titled Natural Gas: Crucial for New Jersey’s Energy and Economic Future, highlights the importance of clean, affordable natural gas in New Jersey and the astronomical cost increases that will be shouldered by residents if these new mandates from the EMP are allowed to proceed. Under the EMP, millions of residents and businesses will be forced to replace their gas-fired heating systems, and all other gas appliances, with electric heat pumps, costing them tens of thousands of dollars out of pocket.Continue reading