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Consumer Impact

Yes, Your Electric Bill Is Higher — And It’s Not Just The AC Yes, Your Electric Bill Is Higher — And It’s Not Just The AC
Yes, Your Electric Bill Is Higher — And It’s Not Just The AC If your electric bill seems unusually high this summer, you’re not imagining things — and it’s not just the air conditioning. Electric rates increased across New Jersey on June 1, and many customers may not have realized it. Now, with air conditioners blasting in record heat, bills are spiking by $25 or more in some households. The increases apply to most customers of PSE&G, JCP&L, ACE, and RECO, and were approved in February by the New Jersey Board of Public Utilities (BPU) following the annual electricity auction. “A PSE&G residential electric customer who uses an average of …