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Experts: Prices Need to Rise Higher to Boost Electricity Production

Experts: Prices Need to Rise Higher to Boost Electricity Production

By Vince Conti

electric electricity prices
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Prices still need to climb if the goal is new electricity supply, a panel of experts sponsored by the state Board of Public Utilities argued on Aug. 5.

The soaring prices for electricity have angered ratepayers and sent politicians scrambling for temporary fixes, yet they are not high enough to incentivize new investment, especially in an environment of regulatory uncertainty, the experts agreed in a discussion Tuesday at the College of New Jersey.

Vince Conti

Reporter

vconti@cmcherald.com

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Vince Conti is a reporter for the Cape May County Herald.

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