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JCP&L warns New Providence customers of nearly 20% jump in supply charge starting June 1
Summary
A Jersey Central Power & Light representative told the New Providence council that the Basic Generation Service (BGS) supply rate set by a state auction will rise about 19.9% for non-shopping customers beginning June 1; the company said it only delivers power and does not set supply prices.
Bob Flynn, a representative of Jersey Central Power & Light, told the New Providence Borough Council that results of the state BGS (Basic Generation Service) auction mean typical non-shopping residential customers will see roughly a 19.9% increase in supply costs beginning June 1, 2025.
"The typical New Jersey resident customer using 777 kilowatts per hour in their house will see a 19.9% increase," Flynn said during the council meeting, adding that the utility is a delivery company and does not mark up the supply charge: "This is not a proposed rate hike from us as your utility." He said rates are determined in a competitive auction and certified by the New Jersey Board of Public Utilities (BPU).
Flynn told the…
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