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That money came mostly from a "societal benefits charge" on ratepayers' electric and natural gas bills, and from auctioning off carbon dioxide emission allowances under the Regional Greenhouse Gas Initiative, which Mr. Christie pulled out of soon after taking office.
But President Bush won a big victory on Medicaid last month, with a law that gives states vast power to reconfigure benefits, charge premiums and raise co-payments for health care and prescription drugs.
Under the new plan, every ratepayer pays a small fee, called a societal benefits charge, in addition to the bill for the power itself -- some of which goes to the energy conservation fund.
In total, about $1 million, or 60percentt, of its annual revenue comes from the authority, known as Nyserda, which collects it from utility customers throughout the state in the form of the little-noticed System Benefits Charge on each month's bill.
But the SBC portion, which stands for System Benefits Charge, helped an entrepreneurial couple in Binghamton revive a foreclosed ice rink, created a $1 million-a-year cottage industry of energy audits for a midsize engineering firm near Albany and has provided rebates to at least 19 laundromats that bought energy-efficient air-conditioners and lights.
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Several states, including New York, have already implemented similar charges often referred to as "system benefits" or "public benefits charges".
Disney To Settle Director Benefits Charges. he Walt Disney Co. agreed Monday to settle allegations from federal regulators that it failed to disclose benefits received by some directors and their relatives, including former directors Roy E. Disney and Stanley Gold, who led a shareholder revolt this year against chief executive Michael Eisner.
Eighteen environmental and consumer groups are urging the state's Public Service Commission to approve the collection of $200 million a year through the fee, known as the system benefit charge.
"You may even be better off sacrificing some of your or their salary to avoid the clawback of the child benefit charge".
Governments are good at producing complex, incomprehensible ways to extract money from you, but has there ever been such a tortuous bit of taxation as the new child benefit charge?
However, rather than just paying parents less the government will continue to pay the full amount and claw back overpayments through the tax system and a new High Income Child Benefit Charge – unless you opt not to receive the payments.
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