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Tell Gov. Christie to STOP the $100M Offshore Windmill Boondoggle

November 30, 2011 J

CLICK HERE Now to Sign AFP’s Petition to Gov. Christie!

New Jersey is about to pour $100 MILLION in taxpayer subsidies into a risky scheme to install windmills off of New Jersey’s coast!

The Beacon Hill Institute cost analysis of this misguided project shows…

• The project would produce a net cost of $3.245 billion to New Jersey, within a range of $2.106 billion and $4.137 billion,

• New Jersey’s electricity prices will increase by 2.1 percent, in 2017, within a range of 0.5 percent and 4.2 percent; and

• From 2017 to 2036, the average household ratepayer will pay $431 in higher electricity costs; while the average commercial ratepayer will pay an extra $3,054 and the average industrial ratepayer an extra $109,335.

• New Jersey will lose an average of 2,219 jobs, within a range of 528 jobs and 4,440 jobs.

Gov. Christie needs to hear from us on this issue now before it’s too late!

Let him know that you do not want tens of millions of your tax dollars wasted on this scheme that will only hurt New Jersey’s already shaky economy!

CLICK HERE Now to Sign AFP’s Petition to Gov. Christie!

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