March 7, 2019 | Number of The Day
Amount spent by lobbyists backing or opposing PSEG nuclear subsidy in 2018

The battle over S-2313, the plan to subsidize PSEG’s three nuclear reactors in New Jersey, could have state ratepayers shelling out $300 million annually over 10 years, for a grand total of $3 billion. With that sort of money in play, it’s not surprising that lobbyists coughed up $5.03 million in 2018 (up 3 percent over the prior year) to help influence the outcome, according to the New Jersey Election Law Enforcement Commission. Those in favor of the legislation shelled out $2.3 million all told. Big spenders included Public Service Enterprise Group ($1.5 million), First Energy/JCPL ($445,800), and Exelon ($337,070). Among the naysayers were AARP ($722,562), NJ Coalition for Fair Energy ($679,332), and NJ Petroleum Council ($595,444). Opponents spent a total of $2.8 million.