IEPNJ actively advances its members’ interests, striving to assure that energy, environmental and tax policies in New Jersey and the region continue to encourage the development and operation of a competitive, stable power generation industry.
Since its founding in 1992, IEPNJ has accomplished much in these areas to help enhance the position of generators in the state. IEPNJ has achieved a wide range of accomplishments, including the following:
IEPNJ fought successfully to limit proposed increases in air emission fees. Legislation that increased emission fees paid by power plant owners was signed into law in 2002. While the legislation raised fees that apply to a wide variety of industries, the legislation as originally drafted would have unduly burdened New Jersey’s power generation industry. Of
IEPNJ fought for tax code revisions that provide substantial savings to power producers and promoting fair competition. IEPNJ aggressively participated in all aspects of New Jersey’s two-year comprehensive energy tax code reform process, which culminated in the Energy Tax Reform Act of 1997. IEPNJ fought against proposals that would have taxed power sold by independent
IEPNJ fought successfully to ban anti-competitive exit fees. Working closely with New Jersey industry, IEPNJ fought to insure that customers who self- generate power are not charged exit fees by their traditional utilities. These exit fees would have required customers who choose to co-generate for on-site use to pay their utilities as an exit fee
IEPNJ ensured that utility rate discounts for some customers do not result in additional charges to others. IEPNJ successfully worked with State policymakers to prohibit cross-subsidization, thereby ensuring that multi-million dollar rate discounts for industrial customers would not be subsidized by other customers.
IEPNJ successfully negotiated additional Codes of Conduct applying to a utility’s relationship with its own generation affiliates. New Jersey’s Code of Conduct applies to retail transactions and to relationships between a utility and its retail affiliates. No state regulation requires the public utility to treat non-affiliated and affiliated generators in an equivalent manner. IEPNJ intervened
IEPNJ negotiated settlements with New Jersey’s utilities that established 10% to 13% rate reductions for New Jersey ratepayers and reinforced obligations under existing power purchase agreements. IEPNJ was a major party in successful 1999 settlement negotiations with each of New Jersey’s electric utilities. Approved by the New Jersey Board of Public Utilities (BPU), these settlements