End taxes on energy bills? NJ lawmakers push plan to lower costs Rick Rickman Published: October 28, 2025 New Jersey State Sen. Latham Tiver and Joe Pennacchio are again pushing to suspend the sales tax on energy bills (PSE&G/Canva)

šŸ”“ Two senators propose suspending utility taxes to ease ratepayer pain.

šŸ”“ Electric rates jumped up to 20% in June, boosting state tax revenue.

šŸ”“ Gov. Murphy opposes the bill, saying the charges fund critical programs.

In an attempt to spare New Jersey ratepayers who are facing massive utility costs, two lawmakers are pushing a solution that Gov. Murphy opposes.

The bill ( S4765 ) would suspend both the Societal Benefits Charge and the sales and use tax on utility bills for 2026.

It's in response to electric rate hikes of 17-20% that took eff

See Full Page