by Tim Johnson / NJ Spotlight
In a case with the potential to save New Jersey’s utility customers billions of dollars on their electric bills, a federal district court this week declared Maryland’s effort to spur building of new power plants unconstitutional.
The ruling does not directly affect New Jersey’s own highly contested attempt to encourage the construction of new power plants, a case also tied up in the federal court system, but Maryland’s program is similar in that both rely on subsidies to encourage energy suppliers to build new generating units.
Connect with NJTODAY.NET
Join NJTODAY.NET's free Email List to receive occasional updates delivered right to your email address!