N.J. orders investigation into why residents’ energy bills are soaring

Gov. Phil Murphy signed a law Friday requiring the state’s Board of Public Utilities to investigate PJM Interconnection, New Jersey’s primary grid operator, amid increasing energy costs.

Many New Jersey consumers got a shock this year when they found out that their energy bills would be going up by as much as 20% in the middle of a historically hot summer.

“These bills complement our long-term plan of action to hold PJM responsible for hardworking New Jerseyans’ skyrocketing electricity bills and a lack of new energy generation,” Murphy said. “We are committed to creating a system that is fairer and more transparent for customers and the states that represent them — a necessary change from the opaque practices that have, for too long, defined PJM.”

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