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BPU Moves to Delay Impact of Electricity Rate Hikes

BPU Moves to Delay Impact of Electricity Rate Hikes

By Vince Conti

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The state Board of Public Utilities is requiring New Jersey’s four electricity utilities to submit proposals to defer rate increases expected to begin June 1 until later in the year, to reduce their immediate impact.

The increases in the supply portion of customers’ bills, anticipated to be in the 17% to 20% range, are the result of a power capacity auction held last year by PJM Interconnection, the electricity grid operator for all or parts of 13 states, including New Jersey, and the District of Columbia.

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Vince Conti is a reporter for the Cape May County Herald.

Spout Off

Stone Harbor – Could the North Wildwood spouter tell us what kind of company he refers to that has already gotten tariff increases. Waiting for the reply spout!

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Sea Isle City – Great picture of the 82nd street playground in Stone Harbor. Take note, Sea Isle, the shade provided. Maybe inquire and then just like Nike, just do it!

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