New Jersey approves $25 electric bill credit, and one lawmaker asks, 'Are you serious?'

New Jersey approves $25 electric bill credit, and one lawmaker asks, “Are you serious?” New Jersey regulators approved a universal $25 electricity credit for residential customers, providing a small reduction during the summer peak demand period. The credit was approved June 30 and follows state actions in Gov. Mikie Sherrill’s January inaugural address, including a rate-freeze order and instructions for the New Jersey Board of Public Utilities to deliver bill relief. Low-income households are also set to receive an additional $150 credit, split across monthly payments in August, September, and October, on top of the universal amount. Utilities including Atlantic City Electric said customers should see the universal credit on their August bills. The article notes the program has drawn criticism for being too small relative to high prices: the U.S. Energy Information Administration put New Jersey’s average residential rate at 23.53 cents per kilowatt-hour in April 2026, up 17% year over year. It also recounts policy disputes involving Republicans, Democrats, and PJM Interconnection, including debate over renewable connectivity and AI-driven data center demand.