Auction leads to lower electric rates for some in NJ - FOX 29 News Philadelphia | WTXF-TV

Auction leads to lower electric rates for some in NJ

Posted: Updated:

TRENTON, N.J. (AP) -- Most New Jerseyans will pay less for electricity throughout the year.

The state Board of Public Utilities on Thursday approved the results of the annual basic generation service auction where utilities buy some of their wholesale energy from suppliers.

The BPU says natural gas has driven down energy prices for electric companies.

Public Service Electric & Gas customers will pay 6 cents more a month or $119.13 for electricity.

Monthly Jersey Central Power & Light rates are expected to decrease by nearly $3. Atlantic City Electric bills will be $6.42 a month lower. Orange and Rockland customers will pay $6.74 a month less.

  • New Jersey NewsNew Jersey NewsMore>>

  • Jersey City swears in new firefighters

    Jersey City swears in new firefighters

    Friday, July 25 2014 3:23 PM EDT2014-07-25 19:23:09 GMT
    AP photoAP photo
    Jersey City has 26 new firefighters, including the city's first black woman to wear the uniform. Mayor Steven Fulop swore in the newest members of the department during a ceremony at City Hall on Friday. The city said the hiring was made possible by funds from a $6.9 million federal grant that was announced in January.
    Jersey City has 26 new firefighters, including the city's first black woman to wear the uniform. Mayor Steven Fulop swore in the newest members of the department during a ceremony at City Hall on Friday. The city said the hiring was made possible by funds from a $6.9 million federal grant that was announced in January.
  • Hot air balloon festival in New Jersey

    Hot air balloon festival in New Jersey

    Friday, July 25 2014 7:55 AM EDT2014-07-25 11:55:32 GMT

    The largest summertime hot air balloon and music festival in North America is taking place in New Jersey.  The 32nd annual QuickChek New Jersey Festival takes place from Friday, July 25th to Sunday, July 27th in Readington. The festival features more than 100 hot air balloons from around the world.

    The largest summertime hot air balloon and music festival in North America is taking place in New Jersey.  The 32nd annual QuickChek New Jersey Festival takes place from Friday, July 25th to Sunday, July 27th in Readington. The festival features more than 100 hot air balloons from around the world.

  • Tornado kills N.J. couple in Va. campground

    Tornado kills N.J. couple in Va. campground

    Friday, July 25 2014 5:47 AM EDT2014-07-25 09:47:53 GMT
    A New Jersey couple was killed after a tornado caused a tree to fall on their tent at a popular campground, according to Virginia State Police. Lord Balatbat and Lolabeth Ortega, of Jersey City, were killed Thursday morning as a fierce storm ripped through the campground, police spokeswoman Corinne Geller said.
    A New Jersey couple was killed after a tornado caused a tree to fall on their tent at a popular campground, according to Virginia State Police. Lord Balatbat and Lolabeth Ortega, of Jersey City, were killed Thursday morning as a fierce storm ripped through the campground, police spokeswoman Corinne Geller said.
Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices