Utility Rate Increase
The state BPU has announced approval of rate increase for NJ utilities.
PSE&G will be going up 2.8%. Other areas of the state fare worse: JCP&L is up 4.5%, Atlantic City Electric is up 4.37%, and Rockland Electric is up a whopping 8.3%.
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Of course, this rate increase only affects 1/3 of my electric needs. The other 2/3 (solar) cost just what they cost yesterday!
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