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A state appeals court upheld the decision by the New Jersey Board of Public Utilities to give PSEG the ZEC subsidy back in April 2019. PSEG currently is in the process of seeking renewal of the zero emission certificates (ZECs), a ratepayer subsidy that now amount to roughly $300 million a year. The subsidy costs each residential customer about $70 a year. A decision on whether to renew the ZEC-2 subsidy, and at what level, is expected by the BPU by the end of April…stay tuned. We have now entered the one-year mark of the Coronavirus Pandemic, and with vaccines now becoming more readily available, we hope the tide starts to turn against the virus. PSEG and the Union have been making requests and continue to speak to whomever will listen to get our workers up on the eligibility list. PSEG has had some success with area hospitals to partner up and provide vaccines for our workers. I urge all to continue to seek opportunities to get the vaccine. With the Company's target of reentry sometime this summer, we continue to discuss options to get our folks up to speed on the training front for all classifications, as they continue an aggressive hiring schedule. Resources for training and restrictions due to the pandemic are tough hurdles to overcome, however know that we will work diligently to accomplish the needs and keep everyone safe. As the weather gets better and restrictions loosen on gatherings both indoors and outdoors, we are looking at many options to attempt some sense of normalcy, and get back to having Union Meetings hopefully by the summer. Again, I would like to thank all the members and your families for your continued due diligence in keeping yourselves safe and healthy. Stay Safe and Mask Up!
