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This Is Not A Major Victory For Electric Bills

44,434 views • 5 months ago •via X (Twitter)

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Wake Up NJ Speech from Trenton today in the Assembly Appropriations Committee on Bill A5267 How are you doing members of the committee, My name is Michael from Wake Up New Jersey, Bill A5267 means to procure and incentivize transmission-scale energy storage for "renewables" such as solar and wind How is this being funded? Well through your NJ electric bills! Starting July 1st 2027, a "minimum" of $60M will be collected via the societal benefits charges or SBC Might be asking yourself, what's an SBC? When first digging into why our bills were so high in February this year I had no idea, but They are hidden charges in your electric bills to pay for mostly pet projects The Board of Public Utilities or BPU, recommends the SBC funding level for 2025 to be?......anyone here know? It's over $344M per year in our NJ electric bills Why don't we go over a few these programs, Ever Heard of Charge Up New Jersey? It's a program that gives folks up to $4,250 dollars for buying Electric Vehicles and chargers. This is costing NJ residents over $30 million dollars a year in their electric bills How about 'It Pay$ to Plug In', this program has spent $100M since 2012 on EV chargers in your electric Bill! This program cost ratepayers $27M this year alone as an SBC Per year Electric Vehicle Programs total $82.5M, Clean Energy Equity costs us $16.6M, NJ Wind total $22M and Energy Storage is currently costing the rate payers $29.5M per year, just to stress again this bill your voting on today will jump it up to $60M a year at a minimum! More than double it's current total Why is all this in our New Jersey Electric Bills? Want to know the real problem NJ? Democrats here have been pillaging your pockets, nickel and diming you year after year for pet projects in your electric bills. Now with the rake hikes happening, they are frantically trying to steamroll multiple bills in committees in an effort to deflect from the main issue Since 2017 - 6 power plants have closed totaling over half our power here in NJ, Democrats championed coal and nuclear plants being shut down, betting on Windfarms that never happened, this is a huge reason our electric bills are so high here, we need sensible solutions, not a green agenda storage push that caused this mess New Jersey residents pay over $8,100 more per year than the average American Household on their bills and pay around $700 more per month in overall bills compared to the national average My handle receives so many messages, comments, concerns from citizens that are struggling daily, some working 2 to 3 jobs, this state is becoming more unaffordable each and every day, and bills coming out of this Legislature that add to that burden, are not good for the hardworking people of New Jersey We are already hurting with the worst property and corporate taxes, one of the worst income and gas tax rates, and the absolute worst overall tax burden at over 54% of your lifetime earnings being syphoned from our NJ residents How much more do you want to take from us? How do you justify so much money hidden in our electric bills yearly? This endless spending path is unsustainable, we need more money in our pockets, not less Voting yes for this literally raises our electric bills yet again, is that really what you want to do to the people of NJ? Thank you Any questions? Or comments?

Wake Up NJ 🇺🇸 New Jersey

145,050 views • 1 year ago