Written on: February 7, 2022 by ICM
After issuing the “Carbon Dioxide Emission Reductions from Fossil Fuel-Fired Boilers” proposal (Economic Impact statement N.J.A.C. 7:27F-4 at 53 N.J.R. [New Jersey Register]) on Dec. 6, 2021, the New Jersey Department of Environmental Protection (NJDEP) published a notice on Feb. 7 correcting some of its estimated costs for homeowners to switch to electric boilers.
“The Department’s analysis indicated that operational costs for an electric boiler would result in a 4.2 to 4.9 times increase (rather than 4.2% to 4.9% increase [as previously reported]), given the price differential between electricity and natural gas,” stated the NJDEP in the notice.
Further, the NJDEP said it will extend the public comment period (PRN 2021-117) through to April 8. The previous comment period ended March 7. A supplemental public hearing will also be held on March 29.