US EditionA 20 Percent Electric Bill Surge Tests New Jersey’s Climate Goals - Inside Climate News
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A 20 Percent Electric Bill Surge Tests New Jersey’s Climate Goals
Delays by grid operator PJM and a booming demand from data centers are threatening New Jersey's 2035 clean energy target and fueling political backlash. By Rambo Talabong On June 1, New Jersey residents will face something they've dreaded for months: A nearly 20 percent rate increase in their electricity bills.
New Jersey's energy crisis is imminent. Starting June 1, New Jersey's monthly electricity bills will increase by up to 20%. However, last month, the New Jersey Board of Public Utilities (NJBPU) issued a request to the state's four major electric companies to reduce electricity rates this summer or delay price increases, and said the state government is looking to increase the role of nuclear power in the state. Governor Murphy has promised to ta…
NEW JERSEY — The Governor of New Jersey, Phil Murphy, announced on Wednesday a series of executive measures to help state residents with projected increases in electricity bill prices as of June 1. By this date, as announced by the State Public Services Board (BPU) a few weeks ago, the four New Jersey electric utilities (Atlantic City Electric, PSE&G, Jersey Central Power & Light and Rockland Energy) will have to increase the monthly bill by an …
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