New Jersey residents could see electricity bills rise yet again following a record-setting auction held by the regional power grid operator PJM Interconnection. The auction, which sets future wholesale electricity rates, closed at nearly $330 per megawatt-day—a 22% increase over last year, potentially raising bills between 1.5% and 5% once implemented. The increase would come … Continue reading Another Electric Rate Hike Likely for New Jersey in 2026