Energy News for the New Jersey Market
By: Augusta Free Press |
A lot of decisions can go to determining the cost of your power bill. From the appliances that you have within your home to the type of electricity provider that you choose, you are in control of how much you can spend on electricity bills monthly. However, […]
By: David P. Willis |
Jersey Central Power & Light wanted to spend an extra $387 million to improve its distribution network and cut down on power outages, including removing more trees that can become entangled in wires.
On Tuesday, the utility said it agreed […]
JCP&L overcharged him for 24 years, but the law says they don’t have to pay it all back. So they won’t.
By: Amanda Hoover |
For 24 years, John Regina was a model JCP&L customer. He says he paid his bill on time each month — all 288 of them.
But something always seemed off, and he says he repeatedly complained to JCP&L. The bill just seemed too steep for a man living alone in a townhouse in Bedminster.
In a 3-2 decision that drew sharp dissent from two commissioners, the Federal Energy Regulatory Commission late Friday rejected both of PJM Interconnection’s proposals to address failures in its capacity markets due to state subsidies supporting preferred generation resources.
Whether to add more renewable energy or to keep struggling emissions-free nuclear […]
By: Michelle Brunetti |
The average Atlantic City Electric customer would pay $10.66 more per month if the state Board of Public Utilities approves the company’s request for an 8.25 percent rate increase.
The utility is seeking an extra $99.7 million per year from its 550,000 ratepayers in South Jersey to pay […]
By: Jeffrey Tomich |
The cost of ensuring adequate available generation in the nation’s largest power market surged as power plant operators raised offer prices to offset lower energy revenues and fewer new natural gas plants coming online.
PJM Interconnection yesterday said clearing prices for capacity across much of its 13-state footprint nearly doubled […]
By: Tom Davis |
New Jersey residents who already pay hundreds of dollars each month for electric service may have to dig more out of their pockets very soon.
That’s because more than a million ratepayers may have to fork over more money if the state Legislature passes what some are calling a $300-million-a-year […]