George Wurtz, CEO of Soundview Paper Co., said it costs as much as five times more to buy industrial power in the Garden State than elsewhere in the country. Wurtz spoke at a breakfast business roundtable organized by Assemblyman David Rible, R-Monmouth, who is Republican Conference leader.
"I've been all over Europe, Asia and the U.S., 17 states in America, and this is probably one of the most uncompetitive when it comes to electricity," Wurtz said, mentioning Public Service Electric and Gas several times. "We use a lot of electricity in manufacturing."
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