New Jersey residents are about to see yet another increase in their electricity bills, and if you’re tired of unpredictable utility costs, you’re not alone. The New Jersey Board of Public Utilities (BPU) recently approved rate hikes for major utility companies, including PSE&G, JCP&L, and Atlantic City Electric. These increases, set to take effect on June 1, 2025, will raise the average residential electric bill by approximately 17.23 – 20.2%, depending on the service territory: PSE&G: 17.23% increase (+$43.08 on a $250 bill) JCP&L: 20.2% increase (+$50.50 on a $250 bill) Atlantic City Electric: 17.23% increase (+$43.08 on a $250 bill) But what’s […]