After months of behind-the-scenes lobbying, multiple marathon hearings and several revisions to the legislation, New Jersey lawmakers finally approved a controversial bill on Thursday to bail out the state’s nuclear power plants. The bill (S2313/A3724) cleared the state Senate by a 29 to 7 vote and passed the Assembly 60 to 10 with one abstention. It now goes to Gov. Phil Murphy’s desk. The measure would effectively impose a surcharge on ratepayers to prop up nuclear power plants owned by Public Service Electric & Gas—the state’s largest energy company—if a state board determines the plants need financial assistance. A typical...
