📈 Here’s How the Rate Increases Breakdown

New Jersey Electricity Bills Are Going Up — Here’s What You Need to Know

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Utility Rate Hikes Are Hitting Home

If you live in New Jersey, you've probably noticed your electric bill climbing. In 2024 and now into 2025, major utility companies like PSE&G, JCP&L, and Atlantic City Electric have implemented rate increases — and more could be on the way.

What’s driving these price hikes?

  • Rising fuel and infrastructure costs
  • Grid modernization projects
  • Regulatory adjustments

The result? Higher monthly bills for households and businesses across the state.

You Do Have Options

Many New Jersey residents don’t realize they can shop for lower electricity rates through third-party suppliers. You may be able to:

✅ Lock in a fixed rate to avoid future hikes
✅ Choose renewable energy options
✅ Save up to 20% on your electric bill

Don’t get stuck paying more than you have to.

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