This post was contributed by a community member. The views expressed here are the author's own.

Business & Tech

AARP Questions $3.9 Billion in Power Grid Upgrades

Organization argues against financing improvements with new surcharges to customer's bills

Count the state chapter of AARP among those questioning the plan by Public Service Electric & Gas to spend close to $4 billion to modernize its electric power grid in the wake of Hurricane Sandy.

In an unusual tiff between a PSE&G executive and the president of the AARP chapter in New Jersey, the two organizations traded exchanges this week accusing each other of misrepresenting aspects of the utility’s proposal to invest in $3.9 billion over 10 years to make its infrastructure more resilient in the wake of extreme weather.

The dispute underscores the tough choices facing state regulators and utilities, both of which are under pressure from the public to avert widespread outages, that can leave some customers without any power for more than a week. How to do so without increasing electric bills, already among the highest in the nation, is the dilemma facing state officials.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

Read more at NJSpotlight.com

NJ Spotlight is an issue-driven news website that provides critical insight to New Jersey’s communities and businesses. It is non-partisan, independent, policy-centered and community-minded.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

Follow Patch on TwitterFacebook and click to sign up for News Alerts. News tip? E-mail teaneck@patch.com

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?