The New Jersey Utilities Association (NJUA) has expressed its frustration over rising utility costs, aligning with customer concerns. The association, which represents the interests of utility companies in the state, is calling for legislative changes to address these issues. According to a spokesperson, the NJUA is struggling to negotiate with state lawmakers to reduce costs, emphasizing that they do not control or profit from electric supply prices.

New Jersey law currently prohibits utility companies from building and owning power generation facilities, a restriction that the NJUA argues hampers their ability to meet rising demand and lower prices. In an open letter, the association urged lawmakers to pass new legislation allowing them to build power plants within the state and reduce reliance on imported power.

In response to the energy cost crisis, Governor Phil Murphy recently signed into law several bills aimed at expanding New Jersey's clean energy capacity. These include initiatives to increase solar access and energy storage, which are expected to lower electric bills by providing more affordable and reliable energy sources. The governor highlighted the importance of these measures in reducing costs and creating jobs, stating, "Today, we are taking immediate and far-reaching steps to lower energy costs for every household in New Jersey" as reported by the New Jersey Governor's Office.

Meanwhile, the regional grid operator, PJM Interconnection, has come under scrutiny for its role in rising electricity costs. Recent legislation signed by Governor Murphy aims to increase transparency around PJM's decision-making processes, which have been criticized for contributing to high prices. PJM spokesperson Jeff Shields noted, "Pointing fingers will not solve the supply-and-demand realities driving higher prices for consumers in New Jersey" according to FOX Business.

As the NJUA continues to advocate for legislative changes, the focus remains on finding solutions to stabilize utility costs and improve the energy infrastructure in New Jersey.

Steve Andrews