Tag:

Energy Costs

Hackensack, NJ
Breaking News
PSE&G Wants To Cut Gas Bills 5% This Fall For Nearly 2M NJ Customers PSE&G Wants To Cut Gas Bills 5% This Fall For Nearly 2M NJ Customers
PSE&G Wants To Cut Gas Bills 5% This Fall For Nearly 2M NJ Customers PSE&G is proposing a 5% reduction in residential gas heating bills for nearly 1.9 million New Jersey customers beginning Oct. 1, the utility announced Friday, June 5. The filing comes after what PSE&G described as a volatile winter natural gas market. Company officials said long-term planning and cost-management strategies have helped keep residential gas bills lower than those of other utilities in New Jersey and the surrounding region. New Jersey residents paid approximately $260 more in utilities last year, which, according to the U.S. Congress Joint Economic Committee, is more t…

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by Cecilia Levine
National Interest
Maryland Gov. Wes Moore Snubbed From White House Governors Dinner: 'Blatant Disrespect' Maryland Gov. Wes Moore Snubbed From White House Governors Dinner: 'Blatant Disrespect'
Maryland Gov. Wes Moore Snubbed From White House Governors Dinner: 'Blatant Disrespect' Maryland Gov. Wes Moore says a White House snub sent a clear message — and the nation’s governors weren’t willing to accept it. Moore — the only Black governor in the US — said he was quietly uninvited from a long-standing White House dinner for governors this year, calling the move “blatant disrespect” and a snub of bipartisan tradition. The dinner is part of the National Governors Association’s annual winter meeting, a decades-old tradition where governors from all 50 states gather at the White House to build relationships and discuss bipartisan solutions on issues like disaster preparedn…

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by Zak Failla
Lakewood, NJ
Your Community
Trump Tells Orthodox Jews In Lakewood To Vote Ciattarelli Trump Tells Orthodox Jews In Lakewood To Vote Ciattarelli
Trump Tells Orthodox Jews In Lakewood To Vote Ciattarelli President Donald Trump wants the Orthodox Jewish community in Lakewood to vote for Jack Ciattarelli, the Republican nominee for New Jersey governor. In a post on his Truth Social account on Sunday, Nov. 2, Trump noted he won Lakewood in a landslide in the 2024 presidential election. An estimated 2/3rds of the township's 135,000 residents are Orthodox Jews.. "I need ALL of my supporters in the Orthodox community in Lakewood and its surrounding towns to vote in HUGE numbers for Jack Ciattarelli," Trump wrote. "Jack will be a GREAT Governor, and has my Complete and Total Endorsement — he will …

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by Sam Barron
National Interest
AccuWeather Winter Outlook: Early, Late Nor’easter Risks, Rising Bills Projected AccuWeather Winter Outlook: Early, Late Nor’easter Risks, Rising Bills Projected
AccuWeather Winter Outlook: Early, Late Nor’easter Risks, Rising Bills Projected Bundle up and budget up. AccuWeather’s new winter outlook, released Thursday morning, Oct. 2, points to a stormy season in the Northeast and pricier heating for millions. "It looks to be an intense and stormy winter for certain areas of the country, particularly across the Midwest, Great Lakes, Ohio Valley, Northeast and parts of the mid-Atlantic," AccuWeather Lead Long-Range Meteorologist Paul Pastelok said. For the Upper East Coast, forecasters see a “bookend” winter with the biggest storms favored near the start and close of the season.  Early systems are likely to sweep from Cana…

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by Joe Lombardi
Poughkeepsie, NY
Breaking News
Rate Hikes Approved For Central Hudson Customers: Here's By How Much Rate Hikes Approved For Central Hudson Customers: Here's By How Much
Rate Hikes Approved For Central Hudson Customers: Here's By How Much Central Hudson Gas & Electric customers in the Hudson Valley will see rate increases starting next month after state regulators approved a new three-year plan they say aims to strengthen the region’s energy infrastructure and cybersecurity defenses.   The New York State Public Service Commission’s approval allows Central Hudson to make critical upgrades to improve service reliability while keeping cost impacts relatively low for most customers, the company said Thursday, Aug. 14.  Beginning Monday, Sept. 1, the average electric customer will see their total bill rise by a…

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by Ben Crnic
Arlington, VA
On Your Side
Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy
Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy Prices for a wide range of products increased in July, even as inflation held steady, with economists expecting President Donald Trump's tariffs to further raise costs for many Americans. The Consumer Price Index rose by 0.2% in July and reached a yearly rate of 2.7%, according to data released by the Bureau of Labor Statistics on Tuesday, Aug. 12. That was barely lower than the 2.8% annual inflation expected in the Dow Jones forecast, CNBC reported. Core inflation, which doesn't include the volatile food and energy categories, jumped by 0.3%, bringing the annual rate to 3.1%. That's the hi…

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by Chris Spiker
National Interest
Your Electric Bill Is About To Spike — And It’s Hitting Millions Across The East Coast Your Electric Bill Is About To Spike — And It’s Hitting Millions Across The East Coast
Your Electric Bill Is About To Spike — And It’s Hitting Millions Across The East Coast A record-high electricity auction held by PJM Interconnection is expected to drive up energy bills across much of the East Coast, even as many states have already been hit with rate hikes this summer. The results of PJM’s 2026/2027 Base Residual Auction, announced Tuesday, July 22, show the price of capacity cleared at the federal cap of $329.17 per megawatt-day, the highest in years.  That’s a 22% jump from last year’s price of $269.92. PJM, which manages the power grid for 13 states and Washington, D.C., secured over 134,000 megawatts of power to meet the projected electricity needs…

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by Cecilia Levine
Arlington, VA
On Your Side
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

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by Chris Spiker
Arlington, VA
On Your Side
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…

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by Chris Spiker
Hartford, CT
Breaking News
Eversource Asks For Big Rate Hike For CT Residential Customers: Here's How Much Eversource Asks For Big Rate Hike For CT Residential Customers: Here's How Much
Eversource Asks For Big Rate Hike For CT Residential Customers: Here's How Much Utility company Eversource has submitted a request for a rate adjustment that would increase monthly costs for residential customers in Connecticut later in the year.  The company filed a request for a $784 million rate adjustment with the Public Utilities Regulatory Authority (PURA) on Thursday, Feb. 15, according to a statement from Eversource.  The proposed rate hike, which would go into effect on Wednesday, May 1, would increase monthly bills for residential customers by $38, a 19 percent increase, according to a report by Connecticut Public.  According to Eversourc…

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by Ben Crnic
Poughkeepsie, NY
Breaking News
Central Hudson's Rollout Of New Billing System 'Flawed, Disturbing,' Dutchess County Exec Says Central Hudson's Rollout Of New Billing System 'Flawed, Disturbing,' Dutchess County Exec Says
Central Hudson's Rollout Of New Billing System 'Flawed, Disturbing,' Dutchess County Exec Says Dutchess County Executive Marc Molinaro is speaking out against Central Hudson’s price hike for utility customers in the region. On Thursday, Feb. 10, the utility company advised its customers that there will be an increase in prices for both electricity and natural gas. According to the company, natural gas bills are expected to be increased by approximately 19 percent, electricity bills are going up around 46 percent, and 29 percent for combination electric and natural gas bills. Earlier story - Central Hudson Alerts Customers Of Higher Energy Costs In a statement issued Wednesday afte…

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by Zak Failla
Armonk, NY
Breaking News
NY Officials Call On Con Ed To Review Billing Practices After 'Extreme' Bill Increases NY Officials Call On Con Ed To Review Billing Practices After 'Extreme' Bill Increases
NY Officials Call On Con Ed To Review Billing Practices After 'Extreme' Bill Increases New York lawmakers have called on Con Edison to review its billing practices after a recent surge in energy costs.  State officials reported that the cost of natural gas this winter has increased, and some customers have seen their electric and/or natural gas bills more than double. Officials said the increases were caused by a global rise in prices due to higher energy usage this winter, increased demand internationally, and increased economic activity. The New York Public Service Commission sent a letter to Consolidated Edison CEO Timothy Cawley on Friday, Feb. 11, as…

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by Nicole Valinote