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Electricity Rates Rise and Rise: An Unchecked Path to Disaster

The push toward electrification is sweeping across New Jersey with promises of a greener future, lower emissions, and economic prosperity. But beneath this grand vision lies a troubling reality: The unchecked rise in electricity rates that threatens to burden citizens with skyrocketing costs, all while the state’s leaders fail to present a coherent and balanced strategy.

Electrification, the transition from fossil fuels to electricity in transportation, home heating, cooling, and manufacturing, is touted as the panacea for climate change. The state government assures the public of a future characterized by high-paying jobs, national leadership, and improved public health. Yet, as these plans unfold, the critical details that determine the feasibility and impact of this transition remain obscure.

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