New Jersey utility companies face scrutiny over rising electric bills amid record summer heat

In a recent meeting of the New Jersey House of Representatives' Assembly Telecommunications and Utilities Committee, significant discussions centered around the rising costs of electricity and the measures being taken to support consumers. The meeting highlighted the challenges faced by residents due to increased electric bills, particularly during the summer months, which were noted as the third hottest on record since 1996.

Rockland Electric Company reported a substantial investment of $19.8 million in storm hardening and undergrounding projects over the past two years, aimed at enhancing the reliability and resilience of the electric grid. However, the company acknowledged that this summer's extreme heat led to a 15% increase in customer usage, contributing to higher bills. They emphasized their commitment to assisting customers through various programs, including deferred payment options, payment extensions, and discounts for low-income households.

The committee also addressed concerns regarding the disparity in distribution rates among different utility providers. A representative from Atlantic City Electric faced scrutiny over their significantly higher distribution costs compared to other companies like JCP&L. Lawmakers expressed frustration over the impact of these costs on seniors and fixed-income residents, who are particularly vulnerable to rising utility expenses.

The discussions underscored the importance of transparency and accountability among utility providers, as lawmakers urged them to clarify the reasons behind the stark differences in billing. The meeting concluded with a call for continued collaboration between utility companies and the state to ensure that all residents have access to affordable and reliable electricity.

As New Jersey navigates these challenges, the commitment from utility companies to invest in infrastructure and support programs will be crucial in addressing the needs of the community and mitigating the financial burden on consumers.