A Hobocaine, July 11 post in New Jersey, Parenting Group on Facebook pointed to a disappointing tendency: “Our utility bill is more than double that was last month. … We can do anything about it?” The post had several dozen answers and most of the comments said that their home utility bills were also dramatically increased.
On the mark of the campaign a year ago, President Trump swore, “Under my administration, we will reduce energy and power prices within 12 months – maximum, half in 18 months,” but this year many states have seen an increase in energy prices. Residents and Governors Electric suppliers in five East Coast states are blaming PJM interconnection. The company is the largest grid operator in the US, with 13 states and 65 million customers.
In New Jersey, energy prices increased on 1 June, leaving the bill of residential customers 17–20%. Utility Company PSE & G Told your new jersey customers They should expect to see a high monthly bill of approximately $ 183 for the average customer, an increase of $ 27.
PSE & G attributed the price hike to increase the demand for joint energy with “new power generation requirement,” stated that “high supply prices have increased.” As a utility, PSE & G stated that it does not make profit on power supply, so “these costs are passed directly through customers.”
The PJM says that it is experiencing rapid growth in energy demand, inspired by the strength requirements of revival in artificial intelligence, data centers, electrification and American manufacturing. In its latest forecast, PJM estimates an increase in energy demand of 5% in the next 10 years.
“We do not have enough new, more reliable energy sources,” said Alex Ambrose, a policy analyst of a nonpartison think tank, a perspective of the New Jersey Policy.
Ambrose says that renewable sources like wind, solar, and batteries are the cheapest and fastest form of energy to bring online and the PJM blames for its reluctance for bringing clean energy to the grid for its reluctance: “PJM is also driving old coal gas plants, even if they are unsafe and more expensive.”
But in an op-ed In NJ Spotlight News, the company convicts the lack of energy on “state and federal decarbonization policies and some economic pressures” to shut down fossil fuel-based power plants in New Jersey. The PJM also stated that it has a queue of 63 GW of projects – which is sufficient for electricity more than 47 million houses – waiting to be connected by 2026, and the “overwhelming majority” of those projects are renewable.
The possibility of rising utility bills is an issue in the race of New Jersey Governor
Energy Secretary Chris Wright is beginning to worry that high energy prices can damage the Republican in the ballot box. In a recent interview with Politico, he convicted Democratic policies “Right now by advancing prices,” but acknowledged political reality that Republicans could suffer in the next elections.
He said, “Who is being convicted for this? We are going to be guilty because we are in the office.”
New Jersey is one of the first people to test the issue in the governor’s race in this November.
Ambrose told CBS News, “The strength number is one issue in this race, and rising energy prices are also at the top of everyone’s mind.”
Democratic candidate for Governor in July A statement issued Accusing the PJM of the “mismanagement” of the grid: “The PJM has refused to plug the clean, cheap power like solar in the grid, giving preference to coal and oil.”
And earlier this month, her opponent, Republican Nominee Jack Siytreli, wrote In a post on X about “Rebecca in Highland Park”, whose electricity bill he said, “More than $ 1000.”
“Why? Because Tanton Democrats, with the approval of my rival Mickey Sheryl, shut down six power generation plants around the state, stopped burning natural gas, and did not expand our atomic capabilities in the South Jersey,” Siyatreli said.
Ambrose says, “We can see how people are going to vote in this upcoming election, how they are feeling about the country on a large scale.”
University of Fairlag Dicinson Earlier this month, the pole found that 26% of the voters blamed utility companies for price hike, 19% of Democratic village convicted Phil Murphy, and 10% states that energy producers are at mistake. The word Murphy is not running for reunion due to the border.
“Utility bills directly affect the elections,” says Rob Gramlich, president of a DC-based energy consultation firm grid strategies. Gramlich pointed to its most infamous example, in 2003 California recalled the election, indicating a large part of the state’s energy crisis. It paid the Governorship to Democrat Gray Davis and handed it over to Republican Arnold Schwarzenegger.
Gramlich indicated that he hopes that energy prices will be high for the future, predicting that “two years from now, we are going to see a lot of policy discussions about it.”
