NJ utilities board votes to keep electricity rates level

The Board of Public Utilities on Thursday pledged no net increase in electricity rates for New Jersey’s four regulated utilities.

By: Nikita Biryukov

Outlets: New Jersey Monitor

Published: September 24, 2026

Words: 581

Last Updated: 3 weeks, 3 days ago

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The Board of Public Utilities approved a series of rate changes Thursday that will keep rates roughly level for residential electric ratepayers while shaving dollars off most residential gas customers’ monthly bills.

Thursday’s votes come months after Gov. Mikie Sherrill signed an executive order that directed New Jersey’s energy regulator to modify components of ratepayers’ monthly bills in an effort to keep costs from soaring amid steep increases in electricity demand. Sherrill …

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