PolitickerNJ Wire Feed
(TRENTON) - Assembly Commerce and Economic Development Committee Chair Albert Coutinho (D-Essex) on Thursday welcomed the news that New Jersey's largest utility company - PSE&G - plans to invest billions of dollars to bolster and modernize its electric and gas operations.
"I enthusiastically welcome PSE&G's ambitious plan to significantly invest $3.9 billion in our electric and gas distribution systems. Superstorm Sandy clearly demonstrated that our energy infrastructure is in desperate need of an upgrade.
"This investment will go a long way to guarantee greater system reliability, fewer and shorter service interruptions, and lower levels of economic loss when future 'superstorms' affect our state. This investment will provide several thousand much needed construction jobs for our sputtering economic recovery, and the modernization of our systems will allow our economy to grow unimpeded for decades to come.
"I call on the BPU to approve this plan and require other utility providers in our state to follow PSE&G's aggressive lead.
"While I have full faith in the assertion of PSE&G's CEO Ralph Izzo that this investment can be done without major increases to already high utility rates, it is imperative that the BPU verify this fact and act accordingly moving forward. A significant increase in rates will affect all NJ families and have a potentially crippling affect on New Jersey manufacturing businesses," said Coutinho.
NJ Assembly Majority Office
A former administrator and a former shop foreman at the Passaic Valley Sewerage Commission were convicted at trial today of charges that they directed subordinate employees to complete repairs or improvements at private homes while on-duty for the PVSC, according to Acting Attorney General John J. Hoffman.Read More >
Days Since Last Christie Press Conference (Jan. 9)
Greenstein versus Watson Coleman in Princeton PRINCETON – When Princeton Community Democratic Organization (PCDO) Chairman Jim Durbin announced a second ballot runoff tonight and the losers headed for the back of the room, he alerted committee members to the names of the two surviving competitors. But people already...
BY JEFF BRINDLE Anytime now, the U.S. Supreme Court will render a decision in McCutcheon v. FEC. And while reformists may not like it, the high court is likely to allow national parties to raise far more money. That could strengthen them... Read More >
"The governor has allowed political cronyism to continue and even flourish, rather than stamp it out, with some of his closest confidants enriching themselves through millions of dollars in state contracts, and legal and lobbying fees, an Asbury Park Press review of thousands of pages of campaign, lobbying and contracting documents found."- The Asbury Park Press
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