STATEMENT FROM NJUA PRESIDENT & CEO RICH HENNING ON GOV. MURPHY’S ENERGY PLAN

Trenton — New Jersey Utilities Association (NJUA) President and Chief Executive Officer Rich Henning issued the following statement today regarding Governor Murphy’s proposed energy plan:

“The New Jersey Utilities Association and our member companies support Governor Murphy’s ultimate goal of making New Jersey a clean energy state. We believe in action to stave off the impacts of climate change and in looking for new and innovative ways to deliver renewable energy to millions of New Jerseyans. We need to make certain, however, that the goals and plans outlined by the governor today can be done in a responsible manner that does not financially devastate the customers our members serve.

“We know that energy grids across the country have buckled under the weight of heightened clean energy mandates. We have seen issues arise when good intentions are not matched by proper planning. We cannot let that happen here in New Jersey. The consequences would be devastating to any long-term renewable energy goals.

“New Jersey must create and implement more options to provide renewable energy. Those options, however, need to be part of a comprehensive, all-inclusive plan that outlines the costs, the requirements and the realities of overhauling our electric grid and the manner we provide energy. Our members stand ready and willing to take a leadership role in defining how we move forward. We look forward to working with the governor, the Legislature and the New Jersey Board of Public Utilities on finding the right solutions for all New Jerseyans and businesses.”

About NJUA

Founded in 1915, NJUA has provided a forum for the exchange of ideas and delivered a unified voice in the public policy arena for its members. NJUA’s 13-member utility companies are dedicated to the delivery of essential services to nearly 7 million residential customers and 1 million business and industrial customers across the Garden State. Most NJUA companies have been investing in New Jersey to serve customers better for more than a century. Not only do New Jersey’s utility companies help to maintain the reliability of the State’s critical infrastructure, they are the driving force behind the state’s economy and quality of life. For further information on NJUA, please visit www.njua.com or follow us on Twitter @NJUtilities.

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