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Debate over JTS modeling 'bonus credits' and community assistance payments centers on which counties qualify and how offsets are modeled
Summary
Public Service proposed modeling credits and community assistance payments designed to steer development into coal transition communities; interveners and counties disagreed about scope, whether credits should be restricted to non‑polluting projects, and how offsets for avoided county payments are handled in the modeling.
Public Service proposed a package of modeling credits and community assistance mechanisms intended to steer investment into counties affected by coal‑plant retirements. At the June 10 evidentiary hearing, attorneys, county representatives and advocates debated whether the design, thresholds and offsets in the company’s JTS credits adequately serve affected communities and how the credits interact with the company’s portfolio modeling.
Nut graf: The company’s modeling credits include a base placement credit and bonus credits tied to local long‑term jobs or high levels of local property tax contributions. The company says the credits are meant to incentivize projects that replace lost tax revenue and employment in transition…
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