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Tag Archives: New Jersey

Atlantic City Electric Intends to Improve Service with Exelon Merger

Atlantic City Electric (ACE), which serves 545,000 customers and employs 800 people, plans on keeping both its name and its reputation with the community when it merges with Exelon Corporation — the largest nuclear power generator in the nation. Exelon’s name will ultimately be added to the South Jersey utility...

NY Gov. Cuomo Proposes Legislation for LIPA Takeover by PSE&G

May 16, 2013 New York Governor Andrew Cuomo unveiled earlier this week a detailed proposal outlining how the Long Island Power Authority (LIPA) will be restructured in order to stabilize electricity rates, reduce LIPA’s debt, and provide better overall service for the utility’s customers. In Gov. Cuomo’s press release: “Under...

PSE&G Files Rate Increase Request to Update Energy Grids

PSE&G has filed a request with New Jersey’s Board of Public Utilities (BPU) to raise $3.9 billion to update its power and gas energy grids. Termed the “Energy Strong” program, the increased revenue will go towards infrastructure upgrades that will prevent widespread power outages such as those experienced in Superstorm...

Will U.S. Electricity Rates Increase in 2013?

Will U.S. Electricity Rates Increase in 2013? Short Answer: Not Likely Over the past several months, electricity rates for U.S. residential customers have shown little fluctuation in many markets across the country and are expected to remain relatively stable for the remainder of the year, thanks to both cheap natural gas...

NJ Sees First Municipality Taking Part in Community Electric Aggregation

Plumsted Township, a small town in central New Jersey, has become the first municipality in the state to participate in community-wide electric aggregation. A decade-old state law allows municipalities to purchase electricity in bulk from a chosen retail electricity provider with the purpose of providing its citizens cheaper electric supply...