Posts Tagged Power Idea

New Jersey Fishermen Want First Access to Wind Energy on New Jersey’s Coast Line

Monday, December 6th, 2010 | Permalink

New Jersey wants more wind energy and the East Coast offers a great place to begin as the wind is plentiful and the industries along the shore want to be first investors.

The New Jersey captains and seafood business consortium wants to be a part of creating multiple offshore wind turbines with a direct line of site to the Atlantic City casinos.

There will be at least 6 large turbines within sight of the casinos and plans for more to come. The estimate is that 1,100 megawatts of offshore wind power infrastructure would cost about 5.6 billion dollars. This wind energy power would add $5 – $8 in surcharges onto each energy consumers bill in New Jersey.

These surcharges you see on an electric bill are often referred to as hidden fees and charges and so it will be necessary to educate consumers in New Jersey what these fees are and why they are in addition to the current rate they are paying.

The negative to this wind power idea is the fact that consumers get agitated with ever increasing hidden fees, surcharges and whatever else you want to call it that gets tagged on to things like electricity bills, and gasoline prices.

The positives is that this added wind power offers an easing on demand for electricity in New Jersey during peak demand times in the day. Sure wind power is more expensive but by lowering peak demand for electricity this could easily assist in lowering the average price for electricity over time.

A more stable predictable electricity grid in New Jersey will ultimately help energy consumers and this may very well be what local fishermen investors see when choosing to be first investors in a unique renewable energy project of this scale.

For more information on this Wind Energy story in New Jersey please visit: from the Jersey Shore to you

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