Briefs filed in federal court by environmental groups seeking to have a National Park Service permit to destroy the Delaware Water Gap National Recreation Area overturned contained some damning quotes from minutes of meetings between Secretary of the Interior Ken Salazar, Park Service Officials and representatives of investor-owned utilities PSEG and PPL, owners of the proposed Susquehanna Roseland transmission line.
During an August 4, 2011 meeting, Salazar is quoted as saying:
"So here's the deal: I want $60 m [million] and I want it now."
An expose in the New Jersey Herald tells what happened next:
During an August 4, 2011 meeting, Salazar is quoted as saying:
"So here's the deal: I want $60 m [million] and I want it now."
An expose in the New Jersey Herald tells what happened next:
...the companies "choked/came back in/ and said it's a deal ... only ask is completion of NEPA by Oct '12."
And guess whose money the companies were giving away? Yours, little ratepayer, your $60M in increased electric bills, plus 12.9% interest yearly.
The "mitigation fund" extorted from the utilities will be reimbursed to them by all electric consumers in the 13-state PJM region, plus a 12.93% yearly return on equity on the unpaid balance. The utilities are using YOUR money to pay their "blood money" bribes needed for permission to destroy YOUR park, and earning interest on it. PSEG representative Karen Johnson explains:
Johnson said the rate of return is in fact 12.93 percent and said it is true PSE&G would earn a rate of return on the land purchase.
"The current rules say the cost of a project such as this will be shared by electric customers who will benefit," she said.
Want to challenge the possible collection of bribe money in your electric bill? PSEG recently filed its trueup of 2102 rates at the Federal Energy Regulatory Commission and the filing is open to your examination and questions. Any bribe money that was paid in 2012 would be contained in this filing. FERC does not review and audit the filing. If you want to ask questions and challenge it, you must take the initiative.
And be sure to sign up to continue to question the components of the utility's transmission rate going forward, because you're going to continue to pay for Salazar's bribe for many, many years to come.
This kind of shakedown perpetrated on the public by government officials and regulated utilities is nothing short of completely outrageous!
The "mitigation fund" extorted from the utilities will be reimbursed to them by all electric consumers in the 13-state PJM region, plus a 12.93% yearly return on equity on the unpaid balance. The utilities are using YOUR money to pay their "blood money" bribes needed for permission to destroy YOUR park, and earning interest on it. PSEG representative Karen Johnson explains:
Johnson said the rate of return is in fact 12.93 percent and said it is true PSE&G would earn a rate of return on the land purchase.
"The current rules say the cost of a project such as this will be shared by electric customers who will benefit," she said.
Want to challenge the possible collection of bribe money in your electric bill? PSEG recently filed its trueup of 2102 rates at the Federal Energy Regulatory Commission and the filing is open to your examination and questions. Any bribe money that was paid in 2012 would be contained in this filing. FERC does not review and audit the filing. If you want to ask questions and challenge it, you must take the initiative.
And be sure to sign up to continue to question the components of the utility's transmission rate going forward, because you're going to continue to pay for Salazar's bribe for many, many years to come.
This kind of shakedown perpetrated on the public by government officials and regulated utilities is nothing short of completely outrageous!
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