$525 Billion

The REAL Costs Of The NJ Energy Master Plan Revealed

When originally drafted, the Energy Master Plan was to include a cost analysis along with the document we know today. This cost analysis was eliminated with no explanation or justification.

With the administration failing to be transparent, Affordable Energy for New Jersey worked with renowned energy policy expert Dr. Jonathan Lesser of Continental Economics to calculate what New Jersey residents should expect to pay for the Energy Master Plan, looking at each of the Energy Master Plan’s seven broad strategies and assessing costs.

The reality that New Jerseyans will have to face is daunting. You can view the full report here to see a complete breakdown of the cost implications of each strategy for New Jersey families.

AENJ calculated the total plan cost as well a cost per resident. This cost per resident was derived by taking the total cost and dividing by the total NJ population – meaning the per resident does not take age, race, gender or socio-economic status into account. The Energy Master Plan does not discriminate.

While performing this analysis, AENJ found that each EMP strategy involves significant costs for New Jersey residents. The policy white papers contained in the full report analyze each of the EMP strategies in further detail.

New Jersey must adapt to Climate Change. But the cost of these adaptations must be part of a transparent public discussion so we aren’t forced to rely on technologies or adhere to policies that are not feasible, affordable, or reliable. We call on state and local leaders, the press, and everyone to participate in this discussion.

New Jersey must adapt to Climate Change. But the cost of these adaptations must be part of a transparent public discussion without choosing winners and losers so that we are not forced to rely on technologies or adhere to policies that are not feasible, affordable, or reliable. We call on state and local leaders, the press, and everyone to participate in this discussion.

Poll Shows NJ Residents Oppose Energy Cost Increases

According to recent polling, New Jersey voters are paying attention to the issue of energy and have strong opinions about how they believe the state should proceed.

Rather than employing an all-of- the-above approach to tackle climate change, which polling indicates is the preferred approach of greater number of New Jerseyans, the New Jersey Board of Public Utilities has chosen winners and losers, leading to costs that voters resoundingly reject as a solution to a problem they acknowledge exists.