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BPU sets 2025 ZEC price at $10/MWh; orders Salem units to reimburse $359,831 for metering errors
New Jersey Board of Public Utilities · August 13, 2025
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Summary
The board fixed the zero‑emission certificate price for energy year 2025 at $10 per megawatt‑hour and ordered Salem Unit 1 and Unit 2 to reimburse electric distribution companies $359,831 after PSEG identified incorrect meter readings from 2019–2023.
Pursuant to the ZEC Act, BPU staff on Aug. 13 calculated the zero‑emission certificate (ZEC) price for energy year 2025 at $10 per megawatt‑hour, using the statutory formula. Staff also reported that PSEG…
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