State formulating lifeline program
The Board of Public Utilities (BPU) of New Jersey is formulating a lifeline program which would provide low-income and elderly customers with reduced utility rates. It is estimated that 30% of the households in New Jersey will qualify for the program. While the legislation calls for the lowest effective rate of any customer class, each utility would have its own lifeline program because of differing rates among utility companies. Eligibility requirements would be applied statewide. The utilities will fund the new program by restructuring the existing rates for regular customers. In which case lifeline recipients' rate would decrease while regular customers' bills would increase. Eventually, the BPU expects to fund about 10% of the senior citizens' portion of the program with the state's casino gambling revenues.
- OSTI ID:
- 6107974
- Journal Information:
- Energyline; (United States), Vol. 1:6
- Country of Publication:
- United States
- Language:
- English
Similar Records
Estimating recipient benefits and waste from lifeline electricity rates
Target efficiency of lifeline electricity pricing and other energy subsidy programs: a survey-based policy analysis
Related Subjects
POLICY AND ECONOMY
NEW JERSEY
PUBLIC UTILITIES
RATE STRUCTURE
ELDERLY PEOPLE
LOW INCOME GROUPS
AGE GROUPS
MID-ATLANTIC REGION
MINORITY GROUPS
NORTH AMERICA
USA
296000* - Energy Planning & Policy- Electric Power
290200 - Energy Planning & Policy- Economics & Sociology
294003 - Energy Planning & Policy- Natural Gas