NJ Residents Can Expect Lower Electric Bills This Summer

ac unitNew Jersey residents can expect to see a drop in their electric bills starting in June, the Board of Public Utilities announced today. JCP&L’s decrease is 4.63 percent and PSE&G customers can expect a 3.5 percent reduction. On a $500.00 JCP&L bill, you would see a reduction of approximately $23.00.

Craig Roach, a consultant to the board, said a drop in energy markets was the main reason behind the change.

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8 COMMENTS

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smart2
15 years ago

Is this some type of joke? What in the world will $5 do for me on a $400 bill

resident
15 years ago

always complain. They couldve gone up too!

hm
15 years ago

switch to an alternate supplier and you could save 10-15 %

Anonymous
15 years ago

also install a “kvar “energy savings device, it has saved us 20% of bills

anonymous
15 years ago

to hm says: Can you give me the name of an alternate supplier. Are they reliable?

To "smart2"
15 years ago

As my kids say, Hellllllllllllo? Firstly, 4.63% is $18.52 of a $400 bill not five dollars. Secondly,its is a very good discount. If your salary was raised by 4.63% you would be a very happy person. For someone with a large house and a not so effficient unit, this savings over the summer months could come out to $140. Not a bad hunk of change I would add. Im sure you could finds some whole to plug with that extra cash. As Old Ben said “a penny saved is a penny earned”

Fresser
15 years ago

Thanks, guys!

ralph Malek
15 years ago

Viridian is the best third party supplier I did it and saved over 13%. And save same bill same service nothing changes other than the cost of your bill goes down.