Auction leads to lower electric rates for some in NJ

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>>

  • Boxer Rubin 'Hurricane' Carter dies at 76

    Boxer Rubin 'Hurricane' Carter dies at 76

    New Jersey NewsNew Jersey News
    Rubin "Hurricane" Carter, the boxer whose wrongful murder conviction became an international symbol of racial injustice, has died at 76.
    Rubin "Hurricane" Carter, the boxer whose wrongful murder conviction became an international symbol of racial injustice, has died at 76.
  • Officer struck in hit and run fighting for his life

    Officer struck in hit and run fighting for his life

    Saturday, April 19 2014 6:28 PM EDT2014-04-19 22:28:45 GMT
    Bergen County Police Officer Daniel Breslin is fighting for his life at New Jersey's Hackensack Hospital. Officials say Officer Breslin was hit from behind by another vehicle on Route 46 west in Lodi around 2am Saturday morning. Officer Breslin had stopped parallel to another officer's vehicle because that officer was having problems with his radio.Without warning, cops say a Ford Fusion then slammed into Officer Breslin's vehicle.
    Bergen County Police Officer Daniel Breslin is fighting for his life at New Jersey's Hackensack Hospital. Officials say Officer Breslin was hit from behind by another vehicle on Route 46 west in Lodi around 2am Saturday morning. Officer Breslin had stopped parallel to another officer's vehicle because that officer was having problems with his radio.Without warning, cops say a Ford Fusion then slammed into Officer Breslin's vehicle.
  • Woman in custody in NYC stroller snatch attempt

    Woman in custody in NYC stroller snatch attempt

    Saturday, April 19 2014 2:55 PM EDT2014-04-19 18:55:51 GMT
    Police say an 8-month-old baby was nearly snatched by a stranger while being pushed down a Manhattan street in his stroller, but a bystander intervened to foil the abduction attempt.
    Police say an 8-month-old baby was nearly snatched by a stranger while being pushed down a Manhattan street in his stroller, but a bystander intervened to foil the abduction attempt.
Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

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