The New Jersey Star-Ledger: NJ May Empty This Vital Fund to Cut Electric Bills. You’ll Pay a Steep Price Later, Critics Say.

The New Jersey Star-Ledger reports that New Jersey policymakers are proposing to utilize a major portion of the state’s Regional Greenhouse Gas Initiative to deliver financial relief for consumers amid rising energy costs. However, there are concerns that using the money for short-term relief could make it harder to keep rates lower in the future. United’s Morgan Pinnell stated that New Jersey must strike a balance between both short-term and long-term relief for ratepayers through sustained investment in clean energy solutions.